Lockheed locks up Unitech acquisition

Lockheed Martin Corp. has completed its acquisition of Universal Systems and Technology Inc. Financial terms of the deal were not disclosed.

Unitech, of Centreville, Va., provides interactive training and simulation, homeland security, and technical solutions to the Army, Navy, Air Force, Marine Corps, Coast Guard, Homeland Security Department and other U.S. and international government agencies.

The company’s core service offerings include multimedia training and performance support systems, 3-D weapons simulations, security strategies and information technology services, Lockheed officials added.

The acquisition of Unitech positions Lockheed Martin to benefit from increasing demand for operational readiness, training and support, and it extends the company’s capabilities and relationships with several prime customers, said Bob Stevens, Lockheed Martin chairman, president and chief executive officer, in a Dec. 24, 2008, announcement of the intended purchase.

Unitech will be managed by Lockheed Martin’s Simulation, Training and Support division in Orlando, Fla.

Unitech, which was founded in 1988, employs more than 400 people.

Lockheed Martin, of Bethesda, Md., ranks No. 1 on Washington Technology’s 2008 Top 100 list of the largest federal government prime contractors.

About the Author

David Hubler is the former print managing editor for GCN and senior editor for Washington Technology. He is freelance writer living in Annandale, Va.

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

  • VIDEO: Explore the 2019 M&A Trends

    Editor Nick Wakeman interviews Kevin DeSanto of the investment bank KippsDeSanto about the highlights of their annual M&A survey and trends driving acquisitions in the federal space. Read More

  • PROJECT 38 PODCAST

    In our latest Project 38 Podcast, editor Nick Wakeman and senior staff writer Ross Wilkers discuss the major news events so far in 2019 and what major trends are on the horizon. 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.