Home / M&A Activity / SOS International Purchases IC Contractor New World Solutions; Julian Setian Comments

SOS International Purchases IC Contractor New World Solutions; Julian Setian Comments

acquisition,  mergerSOS International has purchased defense and intelligence community contractor New World Solutions in an effort to expand its footprint within IC and boost its technology platforms that work to support intelligence, surveillance, reconnaissance and cybersecurity missions.

Bob Billeaud
Bob Billeaud

SOSi said Friday it will operate New World Solutions as a subsidiary and within its intelligence solutions group led by Vice President Bob Billeaud.

The company also named Harry Looney, New World Solutions president and co-founder, as head of the new subsidiary.

SOSi President and CEO Julian Setian said the company considers the acquisition of New World Solutions a strategic move that is in line with its business expansion efforts.

SOSi is a family-owned company that works to provide technology, intelligence and project management platforms and services to the private and government sectors.

Check Also

Leidos Wins Navy Synthetic Signature Generation Trainer Contract

Leidos (NYSE: LDOS) has won a potential three-year, $63M contract to develop, engineer and integrate a training system based on synthetic signature generation technology for the U.S. Navy. The company will also help the service brancg test, implement and maintain the SSG trainer as part of the cost-plus-fixed-fee, indefinite-delivery/indefinite-quantity contract, the Department of Defense said Tuesday.

Bechtel Wins $383M Contract to Design, Build NASA’s Second Mobile Launcher

Bechtel has been awarded a 44-month, $383M contract to design, construct, test and commission a second mobile launcher at NASA's Kennedy Space Center. NASA said Wednesday it will use the ML2 to assemble, process and launch the Space Launch System rocket with the Orion spacecraft on missions moon and Mars. The platform will be built to support KSC's exploration ground systems.