# Cognizant to acquire Belcan for approximately $1.3 billion

Cognizant announced it has signed a definitive agreement to acquire Belcan, a portfolio company of AE Industrial Partners, for approximately $1.3 billion in cash and stock. The acquisition will strengthen Cognizant's engineering capabilities and establish a leadership position in the aerospace and defense market.

- Type: Acquisition
- Announced: 2024-06-10
- Where: United States
- Value: $1.30B
- Status: announced
- Products: engineering research and development services
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [AE Industrial Partners](https://endata.com/companies/10069.md) (investor)
- [Belcan](https://endata.com/companies/28763.md) (target)
- [Cognizant](https://endata.com/companies/40043.md) (acquirer)

## Sources

- [news.cognizant.com](https://news.cognizant.com/2024-06-10-COGNIZANT-TO-ACQUIRE-BELCAN-FOR-APPROXIMATELY-1-3-BILLION-TO-SIGNIFICANTLY-STRENGTHEN-ENGINEERING-CAPABILITIES-AND-ESTABLISH-A-LEADERSHIP-POSITION-IN-AEROSPACE-DEFENSE-MARKET), 2024-06-10: "We believe that acquiring Belcan will strengthen Cognizant's position in the sizable and fast-growing ER&D services market."

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