Lockheed completes purchase of Management Systems Designers
- By David Hubler
- Feb 01, 2007
Lockheed Martin completed its purchase Feb. 1 of Management Systems Designers, a Fairfax, Va.-based provider of information technology and scientific solutions to government life science, national security and other civilian agencies.
Terms of the transaction were not disclosed in the announcement.
The acquisition was originally announced Dec. 21, 2006.
MSD's specializes in systems design, development and integration; systems engineering; application support; professional services; management consulting; and specialized health and bioinformatics services.
Lockheed Martin said virtually all of MSD's revenue comes mainly from civilian agency customers such as the National Institutes of Health. Other customers include the Internal Revenue Service, the Homeland Security and Defense departments and intelligence agencies.
Lockheed Martin said the acquisition will enable the defense contracting giant to combine its systems engineering and integration capabilities with MSD's health care and other domain credentials to develop enhanced solutions for a large customer base.
MSD and its more than 600 employees will become part of the Lockheed Martin's Integrated Systems & Solutions Business Area.
David Hubler is the former print managing editor for GCN and senior editor for Washington Technology. He is freelance writer living in Annandale, Va.