Transactions: Lockheed Martin
- Transaction Value
- November 23, 2010
- Financial advisor to Lockheed Martin on the divestiture of its Enterprise Integration Group to Veritas Capital
Due to Organizational Conflict of Interest (“OCI”) regulations, Lockheed Martin’s management and Board of Directors decided to divest the company’s Enterprise Integration Group business, a premier provider of high-end systems engineering and integration services to the DoD and National Intelligence Community. The $815 million transaction represented a significant strategic investment by Veritas Capital in a premier systems engineering and integration business with highly differentiated capabilities serving a variety of classified defense and intelligence agencies.