Global Defense Technology & Systems, Inc. announced it has a deal in place with Signature Consultants, L.L.C to acquire its subsidiary Signature Government Solutions, LLC for $52.5 million.
Founded in 2003, SGS provides IT, cybersecurity and intelligence analysis services in support of high-priority mission systems and cybersecurity programs within the Intelligence Community.
SGS expects to generate $37 million in revenue in 2010 with strong growth prospects for next year and beyond. All of its direct employees hold Top Secret/Sensitive Compartmented Information clearances or higher.
John Hillen, GTEC president and CEO, said the acquisition of SGS will adds new depth to GTEC”s capabilities and customer footprint within the Intelligence Community.
“SGS“™s core competencies and past performance in information systems architecture, cybersecurity and network engineering reinforce our ambition to be the leading mid-sized defense technology company that delivers comprehensive, mission-critical solutions to support the most pressing needs of our national security clients,” he said.
The deal is expected to close in the fourth quarter of 2010.