Transactions: L-1 Identity Solutions 2

To mitigate regulatory restrictions which prevented certain non-U.S. buyers of L-1 Identity Solutions from owning L-1’s Intelligence Services Group, a leading provider of IT and analysis services to the U.S. Intelligence Community, the business unit was divested prior to the acquisition of L-1.  The $303 million acquisition was consistent with BAE Systems’ strategy of expanding its services capabilities in the growth areas of cyber and intelligence, and enhanced BAE Systems’ ability to meet the growing needs of its government intelligence, defense and security customers.