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Business/Financial

Boeing To Acquire Military Logistics Planner CDM Technologies

DDN

Thursday, November 18th, 2010

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Boeing [BA] this week said it has agreed to acquire CDM Technologies, a provider of real-time transportation and logistics planning systems for the U.S. military, adding to capabilities the company acquired two years ago through the purchase of Tapestry Solutions. Terms of the deal were not disclosed. Boeing said the acquisition will close in 2010. "CDM Technologies brings capabilities that enhance our existing portfolio while allowing us to accelerate growth in the logistics command and control market," Greg Deiter, vice…

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