Lockheed Martin closes MSD purchase

Lockheed Martin Corp. has completed its acquisition of Management Systems Designers Inc., a provider of IT and scientific services and solutions. Terms were not disclosed.

The defense giant plans to combine its systems engineering and integration capabilities with MSD's health care and other capabilities to develop expanded offerings for its customers.

MSD of Fairfax, Va., sells systems design, development and integration; systems engineering; and application support services. It also offers professional services, management consulting and specialized health and bioinformatics services. The company has more than 600 employees.

MSD's customers include the Internal Revenue Service, National Institutes of Health, intelligence agencies and departments of defense and homeland security.

Lockheed Martin first announced the acquisition Dec. 21, 2006.

Lockheed Martin, which has more than 140,000 employees and had annual sales of $39.6 billion in fiscal 2006, ranks No. 1 on Washington Technology's 2006 Top 100 list of the largest federal IT contractors.

About the Author

William Welsh is a freelance writer covering IT and defense technology.

Reader Comments

Please post your comments here. Comments are moderated, so they may not appear immediately after submitting. We will not post comments that we consider abusive or off-topic.

Please type the letters/numbers you see above

What is your e-mail address?

My e-mail address is:

Do you have a password?

Forgot your password? Click here
close

Trending

  • POWER TRAINING: How to engage your customers

    Don't miss our Aug. 2 Washington Technology Power Training session on Mastering Stakeholder Engagement, where you'll learned the critical skills you need to more fully connect with your customers and win more business. Read More

  • PROJECT 38 PODCAST

    In our latest Project 38 Podcast, editor Nick Wakeman interviews Tom Romeo, the leader of Maximus Federal about how it has zoomed up the 2019 Top 100. Read More

contracts DB

Washington Technology Daily

Sign up for our newsletter.

Terms and Privacy Policy consent

I agree to this site's Privacy Policy.