Lockheed to buy federal vendor Titan
- By Patience Wait
- Sep 22, 2003
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.