Boeing Company (NYSE: BA) will acquire Solutions Made Simple Inc., an information services provider for the U.S. government and intelligence community.
Boeing will integrate the company into the information solutions division of its network and space systems business.
Solutions’ products extract, share and query information stored in an unlimited number of data sources and applications.
Solutions is based in Reston, Va., and employs approximately 65 people.
The transaction is expected to close in the third quarter of 2011.
“Our customers continuously look for better, more cost-effective ways to manage data across disparate networks and SMSi has terrific capability to do that, ” said John Hinshaw, vice president and general manager of Boeing’s information solutions. “We’ve worked with SMSi for a number of years and see their team and products as strong complements to our existing capabilities. SMSi adds important vertical content to Boeing’s product portfolio for two high-growth markets that are key priorities for our customers: C4ISR and cybersecurity.”
