Transactions: Lockheed Martin
- Date/Status
- Client
- Description
- Transaction Value
- November 23, 2010
(Closed) - Financial advisor to Lockheed Martin on the divestiture of its Enterprise Integration Group to Veritas Capital
$815 million
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.