Huntington Ingalls Industries completed the acquisition of Alion Science and Technology from Veritas Capital for $1.65bn.

Huntington Ingalls Industries, a military shipbuilding company, completed the acquisition of Alion Science and Technology, a provider of engineering science and technology solutions, from Veritas Capital, a private equity firm, for $1.65bn. “We established the Technical Solutions division in 2016 with a vision and strategy focused on partnering with our customers to solve their most pressing challenges. Today’s announcement, coupled with our previous investments in leading edge technologies, such as cybersecurity and autonomous systems, reflects our commitment to stay on the cutting edge of critical, high-growth national security solutions and generate significant long-term value for our shareholders," Mike Petters, Huntington Ingalls Industries President and CEO.