Saalex to acquire Spalding Consulting for $75m.

Saalex, an engineering & information technology services company, agreed to acquire Spalding Consulting, a provider of software development, information technology, and engineering services to the defense industry, for $75m. "At Saalex, we are continually exploring avenues for inorganic growth to complement our strong proposal capabilities. The acquisition of Spalding Consulting aligns seamlessly with our expansion objectives," Travis Mack, Saalex Chairman and CEO.