Both parties first announced the transaction in early October and Lockheed said Tuesday it aims to increase its ability to build integrated hypersonic weapon systems through the acquisition.
The acquired business will operate under the Bethesda, Maryland-based company's space segment.
Former i3 CEO Mike Wicks joined Lockheed as vice president for the Hypersonic Engineering and Accelerated Technologies program.
The Space Development Agency has awarded $3.5 billion in other transaction authority agreements to Lockheed Martin, L3Harris Technologies, Northrop Grumman…
The Defense Health Agency has awarded TriWest Healthcare Alliance $6.8 billion to continue providing healthcare and administrative services in support…