Lockheed Completes Acquisition of Medical Services Contractor QTC Holdings

Lockheed Martin (NYSE: LMT) has completed its acquisition of QTC Holdings, the largest provider of outsourced medical evaluation services to the U.S. Veterans Affairs Department.

Terms of the transaction were not disclosed.

QTC provides IT case management services and health care expertise. It processed more than 450, 000 evaluations last year.

Previous acquisition coverage:

Check Also

KBR

KBR Wins Potential $93M Navy Combat Integration System Support IDIQ

KBR’s (NYSE: KBR) government services business has won a potential five-year, $92.6M contract to engineer and produce datalink systems and associated platforms for the U.S. Navy’s combat operations.

DLA

DLA Awards Logistics Modernization Integration Support IDIQs to Advantaged Solutions, United Defense International

Advantaged Solutions and United Defense International have each received a potential five-year, $265M contract from the Defense Logistics Agency for logistics modernization integration support.