AMSEC Signs to Acquire Eagan, McAllister Associates

AMSEC LLC has signed a definitive agreement to acquire Eagan, McAllister Associates, Inc. (EMA), an information technology (IT) and engineering services firm headquartered in Lexington Park, Md. The acquisition is subject to customary conditions and is expected to be completed by the end of November 2003. Founded in 1984, EMA has more than 1,000 employees, and reported annual sales of more than $110 million for its most recent fiscal year. EMA provides world-class IT services focused on aviation and command, control, communications, computers, and intelligence (C4I) programs supporting the U.S. Navy, Marine Corps, Army, and Special Operations Command. This year, Washington Technology ranked EMA #77 in its Top 100 Federal Prime Contractors list, and last year Government Executive ranked EMA #49 in its Top 50 Navy Contractors list. "EMA owes its success to our extraordinarily talented employees who apply their unique expertise to meet the most demanding customer requirements while keeping a focus on the ever-changing marketplace. I feel more than blessed to be a small part of their successes," said John McAllister, EMA president and co-founder. "AMSEC is a quality company that shares many of our core values. We view the combination of AMSEC and EMA as a tremendous opportunity for our employees and customers." "The combination of AMSEC and EMA joins two successful companies capable of delivering more robust, cost-effective engineering and technology solutions to the U.S. government and other customers," said Carl M. Albero, AMSEC chief executive officer and chairman of the board. "Like AMSEC, EMA is a company that values its employees and encourages strong customer relationships. John McAllister is a strong community and business leader who will help unite both our management teams and all our employees as we work together to expand our services to the U.S. government and the Navy."