Huntington Ingalls Industries (NYSE: HII) has closed its $1.65 billion cash acquisition of Alion Science and Technology as part of a growth strategy to expand HII’s technical service offerings in target markets.
The Newport News, Virginia-based shipbuilder first announced the transaction to acquire Alion from private equity firm Veritas Capital on July 6.
“Alion is a perfect complement to our existing capabilities in the technology-driven defense and federal solutions space,” said Andy Green , an executive vice president at HII and president of its Technical Solutions division.
Green, a 2021 Wash100 Award recipient, added that the acquired company’s products and services align with the strategic focus in HII’s government business.
HII formed its Technical Solutions unit in late 2016 and forecasts the division to experience an annual pro forma revenue growth rate of 7 percent to 9 percent through 2024.
Graham Evans spent more than 16 years at Booz Allen Hamilton, leading AI and platform work in its defense technology…
GDIT has named retired Maj. Gen. Ryan Heritage vice president of full-spectrum cyber to unify its cyber capabilities across missions.
Leidos has used automation to accelerate patch delivery to network devices by 93 percent and enterprise-wide patching by 94 percent.
Sabel Systems has named Mini Polaski SVP of the ADAx unit and Alexis Wenzel VP of business development for the…
Tadaweb VP Erik Noren has said agencies should adopt AI to help analysts focus on relevant open-source intelligence.
Google Public Sector has won the potential $876 million DHS Cumulus contract to provide departmentwide commercial cloud services.
ITC Federal has acquired Capgemini Government Solutions, forming ITC Digital Solutions to expand digital modernization capabilities.
Boeing has received a $13.4 billion Air Force contract modification to add FMS scope for the KC-46 aircraft.
Skerl brings more than 25 years of experience in technology transformation, including roles at Bosch, Cabot and Veeam Software.
Chuck Brooks, a GovCon Expert, explores how quantum wave architectures, photonics and AI convergence could reshape computing.
Heaviside received $99 million for its MOTH spectrum analyzer, while RII won $96.9 million for AI-driven Dragonfly sensors.
The planned OASIS+ order would run through February 2032, with a solicitation estimated for December and an award expected in…
You’ve already read all related articles.
VIDEO 
