SOS International Buys DGI in Cyber Intelligence Market Push

SOS International has acquired Vienna, Virginia-based data analytics and cyber platforms provider Defense Group Inc. for an undisclosed sum in a move to expand its client base and broaden technical capabilities in the field of cyber intelligence.

The transaction marks SOSi’s second purchase in the intelligence sector after it bought defense and intelligence community contractor New World Solutions in January 2016, SOSi said Monday.

SOSi President and CEO Julian Setian said the integration of DGI with SOSi’s intelligence solutions group would help facilitate access to IC agencies and back the firm’s strategic goal to deliver technology platforms designed to meet clients’ requirements.

Holland & Knight LLP acts as legal adviser to SOSi in the deal.

Skadden, Arps, Slate, Meagher & Flom LLP and Headwaters MB respectively serve as legal and financial advisers to DGI in the transaction.

DGI provides technology platforms and research services to commercial and federal government clients in the areas of cyber intelligence, smart data analytics and foreign language exploitation.

Reston, Virginia-based 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

Lockheed Martin

Lockheed Books Potential $88M F-35 Logistics Network Modernization IDIQ

The U.S. Navy has awarded Lockheed Martin (NYSE: LMT) a potential two-year, $87.5M contract to help transition a worldwide logistics information system for F-35 aircraft into a cloud-based integrated network.

BAE Systems

Report: BAE to Build $139M Defense Aerospace Facility in Iowa

BAE Systems plans to develop a $139M classified facility in Cedar Rapids, Iowa, and create 650 jobs in the city, The Gazette reported Friday. Construction work on the proposed 200K-square-foot defense aerospace facility is expected to kick off by October and conclude by September 2022. Ryan Companies US will serve as the project’s developer.