Announced
Completed
Financials
Tags
Completed
technology solutions
Majority
Acquisition
Friendly
Disposal
Private
United States
Defense
Single Bidder
hypersonics
Domestic
Synopsis
Lockheed Martin, an American aerospace, defense, arms, security, and advanced technologies company, completed the acquisition of the Hypersonics portfolio of Integration Innovation, a software and systems engineering company based in Huntsville, Alabama. Financial terms were not disclosed. "Our customers require the most forward-thinking, advanced technology that anticipates and addresses their national security requirements. This business combination not only reinforces our commitment to their missions, but also expands our portfolio in a strategic way. Combining i3’s talent and domain expertise with our shared vision for hypersonic strike will expand how we think about and deliver this critical capability to the warfighter across domains," Eric Scherff, Lockheed Martin Vice President.
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