Lockheed to buy federal vendor Titan

Lockheed Martin Corp. has announced a $2.4 billion agreement to acquire Titan Corp., a San Diego company that sells defense and intelligence services almost exclusively to the federal government.

Titan's customers include the Defense and Homeland Security departments, several intelligence agencies and a handful of civilian agencies.

Titan's chief business lines are command, control, communications, computers, intelligence, surveillance and reconnaissance; enterprise IT; and homeland security.

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