On Sunday, June 4, Alion Science
and Technology signed an agreement to purchase certain assets of Anteon Corporation
’s program management and engineering services business. This business unit of approximately 900 employees provides substantial technical and operational support to the DoD, in particular the US Navy and Air Force. It is anticipated that the acquisition will be completed by June 30, 2006.
Alion’s Chairman and CEO, Bahman Atefi
, said that the acquisition will provide significant benefits to Alion, the incoming employees and our customers. “With our longstanding experience supporting complex DoD programs, Alion can provide an environment in which these Anteon employees and the work they perform can thrive,” he said. “The employees will continue to deliver their highly-regarded services to their valued customers; these services will be further enhanced by Alion’s resources. These employees can also share in the benefits of employee-ownership at Alion.”
Dr. Atefi added, “An acquisition of this magnitude is a turning point for Alion as well. We will benefit through an immediate growth in capabilities that mesh with our core strengths of operational and technical expertise.”