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.
Thompson was chief growth officer at CBRE Government & Defense Services and Idemia North America.
Raytheon will handle AN/APQ-188 radar work, while Boeing will deliver bomb rack modernization system kits for the B-52.
Parsons subsidiary SealingTech has booked a potential five-year, $750 million USCYBERCOM OTA for Joint Cyber Hunt Kit production.
Evan Scott, president of ESGI Potomac Recruiting, explains how to find, vet and hire elite federal business development executives.
DHS plans to compete a follow-on $100 million OneStream systems integrator BPA, with award anticipated in the second quarter of…
The deal adds autonomous mission software to CesiumAstro's satellite and communications portfolio.
The hypersonics and solid rocket motor manufacturer expects the transaction to close in early 2027.
Ultra Mission Solutions will join Booz Allen's defense technology unit under President Steve Escaravage.
Parsons landed the Technical, Engineering, Advisory and Management Support-Next Missile Defense System Engineering contract in 2021.
The follow-on award covers continuous cyber monitoring and new capability development supporting Department of War network resilience.
Boeing’s F-15 Eagle Crest contract includes foreign military sales to seven countries and new depot maintenance capabilities.
Carahsoft VP Brian O'Donnell discussed how strategic partnerships could accelerate agencies' access to cyber tech to protect systems.
You’ve already read all related articles.
VIDEO 
