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BAE Systems Completes L-1 ISG Purchase for $297 Million

BAE Systems finalized its acquisition of L-1 Identity Solutions, Inc.’s Intelligence Services Group for a total cost of $297 million.

The group is comprised of SpecTal, LLC, Advanced Concepts, Inc., and McClendon, LLC.

“This acquisition is all about building our capabilities to better meet the dynamic and changing security and intelligence needs of our U.S. government customers, ” said John Gannon, president of the BAE Systems, Inc. Intelligence & Security sector. “Our business focuses on four key customer missions – intelligence and counterintelligence, homeland security, law enforcement and support to military operations, and our newest employees from ISG represent a tremendous asset as we continue to deliver premier services to our customers.”

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