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Huntington Ingalls Industries to acquire Alion Science and Technology for $1.65 billion

Clients Huntington Ingalls Industries, Inc.

Jones Day is advising Huntington Ingalls Industries in the $1.65 billion acquisition of Alion Science and Technology Corporation from Veritas Capital.

Alion provides advanced engineering and R&D services in the areas of ISR, military training and simulation, cyber, data analytics and other next-generation technology-based solutions to the Department of Defense and intelligence community customers, with the U.S. Navy representing about one-third of current annual revenues.

The transaction is expected to close in the second half of 2021 and is subject to customary closing conditions, including regulatory approvals.