# Serco to acquire Alion's Naval Systems Business for $225M

Serco Inc. has entered into a definitive agreement to acquire Alion Science & Technology Corporation's Naval Systems Business Unit for $225 million, expected to close in the second half of 2019.

- Type: Acquisition
- Announced: 2019-05-23
- Where: United States
- Value: $225.0M
- Jobs: 1,000
- Status: announced
- Products: naval ship and submarine design, systems engineering services
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Serco Inc.](https://endata.com/companies/39544.md) (acquirer)
- [Alion Science & Technology Corporation](https://endata.com/companies/39545.md) (target)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/serco-announces-agreement-to-acquire-alions-naval-systems-business--a-leading-provider-to-the-us-navy-and-internationally-300855800.html), 2019-05-23: "The acquisition would substantially strengthen Serco's presence in naval support, modernization and sustainment, which has been a key growth area for the Company in recent years."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
