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.
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…
The modernization work covers test planning, data analysis and integration engineering for aircraft and C4ISR systems.
FEMA seeks a new system for workforce readiness, deployment monitoring, incident management and system administration.
War Secretary Pete Hegseth has unveiled Project Meridian, the Autonomous Warfare Command and four other DOW initiatives at Quantico.
The Coast Guard's Force Design 2028 execution is accelerating, with organizational changes completed and major contracts awarded.
TTM financed the Epiq purchase with a $300M Term Loan A and an $800M Term Loan B.
The Navy has awarded Booz Allen, CACI and five other companies spots on a potential $828 million IDIQ for business…
Masood Ahmed joins Peraton after about a decade at Leidos, where he most recently oversaw a federal health and civilian…
You’ve already read all related articles.
VIDEO 
