Huntington Ingalls Industries to acquire Alion Science and Technology
Alion's engineers develop and integrate solutions that help joint warfighters win decisively as part of multi-domain combat operations. (Photo: Alion Science and Technology)
Huntington Ingalls Industries has entered into a definitive agreement to acquire Alion Science and Technology for $1.65billion in cash from Veritas Capital, subject to customary adjustments.
Alion is a high value-added, technology-driven solutions provider for the global defence marketplace.
The transaction represents an enterprise value-to-expected 2022 adjusted EBITDA multiple of approximately 12.2x.
EBITDA stands for Earnings Before Interest, Taxes, Depreciation and Amortisation and is a metric used to evaluate a company’s operating performance.
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.
Existing customers include the US DoD, intelligence community customers and the USN, which represents about one-third of current annual revenue.
Alion is poised for continued strong growth with over $3billion in backlog today, more than $5billion in estimated contract value and a robust opportunity pipeline.
This acquisition will enhance HII’s technical capabilities and positions the company in high-growth mission-critical security solutions, such as C5ISR, advanced military training and simulation, artificial intelligence, big data and electronic warfare.
More from Defence Notes
-
Orchestrating operational readiness across every defence domain
Are all systems ready for the next mission? Have upgrades been applied? Are all assets aligned to deploy together, on time and fully prepared? In modern defence operations, readiness is no longer measured platform by platform. It is measured by how well people, assets, data and decisions move together — across land, sea and air.
-
How deepening AI usage can boost efficiency and maximise effects for forces
Saab has outlined how it is using artificial intelligence to make training more like electronic gaming, while the UK’s Power Size Technologies is applying the same technology to better evaluate and design vehicle capability, moving AI-enabled innovation further upstream from the frontline.
-
From systems integrator to multi-domain solutions provider (video)
Philipp von Brandenstein, Head of Corporate Communications at Rheinmetall, explains how Eurosatory 2026 marked a new stage in the company's evolution.
-
US Pentagon pushes for major reform of defence acquisition system
The US Department of Defense has requested new contracting authorities from Congress, using the Army's MV-75 Cheyenne programme to demonstrate how competition, digital engineering and closer industry collaboration could accelerate acquisitions.
-
US speeds up B61-13 nuclear bomb production as programme moves further ahead of schedule
The US government plans to accelerate production even further after achieving key B61-13 milestones months ahead of schedule, as the programme advances amid growing US-China strategic competition.