M&A

Boeing acquires small hardware, software engineering firm

Boeing Co. has acquired Ventura Solutions Inc. in a move that boosts Boeing’s information and security capabilities.

Financial terms of the deal were not disclosed.

Annapolis Junction, Md.-based Ventura Solutions, a hardware and software engineering company specializing in custom solutions for federal customers,  and its 140 employees will become part of Boeing’s Network and Space Systems business unit.

Ventura is developing REDHAWK, a software-defined radio framework designed to support the development, deployment and management of real-time software radio applications, according to the company’s website. The company also specializes in DSP engineering and system engineering.

According to USASpending.gov, the majority of Ventura's work goes through GSA schedules.

Aronson Capital Partners served as financial advisor to Ventura Solutions for this transaction.

About the Author

Mark Hoover is a senior staff writer with Washington Technology. You can contact him at mhoover@washingtontechnology.com, or connect with him on Twitter at @mhooverWT.

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
contracts DB
SEARCH

Trending

  • Dive into our Contract Award database

    In an exclusive for WT Insider members, we are collecting all of the contract awards we cover into a database that you can sort by contractor, agency, value and other parameters. You can also download it into a spreadsheet. Our databases track awards back to 2013. Read More

  • Navigating the trends and issues of 2016 Nick Wakeman

    In our latest WT Insider Report, we pull together our best advice, insights and reporting on the trends and issues that will shape the market in 2016 and beyond. Read More