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.
President Trump has formed the Super Intelligence Force to coordinate federal efforts to sustain U.S. leadership in super intelligence.
Exiger CEO Brandon Daniels has discussed the super intelligence governance principles AI leaders agreed on at a White House meeting.
Caputo joins the three-member panel that advises the president on the National Cancer Program, replacing Mitchel Berger.
Amy Gilliland is no longer with General Dynamics, and GDIT Chief Business Officer Paul Nedzbala has been named interim president.
Dynatrace acquired Arize for $915 million, including about $815 million in cash and replacement equity awards.
Ennis will be responsible for budgeting, accounting, program cost control, financial reporting, and financial planning and analysis.
Nuclear Fuel Services in Erwin, Tennessee, will make fuel for Navy submarines and carriers, with work set to wrap up…
The NASA logistics agreements run through GSA's OASIS+ vehicle, with a five-year base ordering period open through Sept. 30, 2031.
Adolf spent nearly six years in director roles at Serco and more than eight years at SRA International.
SAP NS2 has secured a seven-year, $903 million sole-source IDIQ contract from the Defense Logistics Agency for cloud services.
NIH and China's science ministry have barred applications substantially developed by AI, while European funders require disclosure.
Leidos has named AT&T COO Jeff McElfresh to its board of directors, which has expanded to 11 members with his…
You’ve already read all related articles.
VIDEO 
