Transactions: Lockheed Martin

  • Date/Status
  • Client
  • Description
  • Transaction Value
  • November 23, 2010
  • 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.