Lockheed Martin says it has agreed to acquire Eagle Group International Corporation, a provider of logistics, information technology, training and healthcare services to the US Department of Defense.
Lockheed says Eagle Group has a reputation for outstanding support of its customers’ critical missions and proven capabilities in military readiness and integrated logistics, healthcare programme management and outsourcing, information technology and training services.
Go deeper with GlobalData
Lockheed President and CEO Bob Stevens says the acquisition of Eagle Group extends the company’s logistics and business process sourcing capabilities, and will strengthen relationships with several key army customers.
All obligations associated with Eagle Group’s US Department of Labor Potomac Job Corps Contract is excluded from the agreement.
Financial details of the deal have not been disclosed.
See Also:
The transaction is subject to government approvals, including a review under the Hart-Scott-Rodino Antitrust Improvements Act and satisfaction of certain closing conditions.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataThe deal is expected to become final in the second quarter of 2008.
By Elizabeth Clifford-Marsh
