HII acquisition of Alion Science and Technology
HII bought Alion from Veritas, expanding its Technical Solutions business.
- Company
- Alion Science and Technology
- Type
- M&A
- Status
- Completed
- Date
- 20 Aug 2021
- Value
- US$1.65bn
- Value basis
- US$1.65bn cash; funded with US$1bn of new senior notes and a US$650m term loan
- Region
- US
- Segment
- Government services
Parties
- Huntington Ingalls Industries (HII) buyer
- Veritas Capital seller
Key terms
- Price
- US$1.65bn cash
- Funding
- US$1bn senior notes plus US$650m term loan
- Announced
- 6 Jul 2021
Sources
- HII 8-K: HII to acquire Alion Science and Technology sec.gov · 6 Jul 2021
- HII 8-K: HII completes acquisition of Alion sec.gov · 20 Aug 2021
Record DEF-INV-2021-0014. Investments are kept apart from the financings register and never counted in debt totals.
