2021 M&A Round Up

HII, (formerly Huntington Ingalls Industries)
Buyer: HII, (formerly Huntington Ingalls Industries)
Buyer HQ: Newport News, Virginia
Seller Alion Science and Technology
Seller HQ: McLean, Virginia
Close Date: August 19, 2021
Gross Purchase Price (millions): $1,650
Seller Revenue: $1.6 billion
What they bought: Alion provides advanced engineering; research and development services in the areas of intelligence, surveillance and reconnaissance; military training and simulation; cyber solutions; and data analytics.
Advisers Credit Suisse, Jones Day, Renaissance Strategic Advisors, Arena Strategic Advisors, Macquarie Capital, Milbank
Buyer Top 100 Rank 65
Seller Top 100 Rank 29