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New Deal


Announced

Completed

Lockheed Martin completed the acquisition of the Hypersonics portfolio of Integration Innovation.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Completed

technology solutions

Majority

Acquisition

Friendly

Disposal

Private

United States

Defense

Single Bidder

hypersonics

Domestic

Synopsis

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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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