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 president of Defense & Government Services for Boeing, said in a statement on Tuesday. “This acquisition is another important step in our mission to assemble the technologies that will help us drive efficiency into our customers’ distribution processes.”
CDM will be integrated into Boeing’s Tapestry Solutions subsidiary, which specializes in real-time logistics visibility and logistics modeling and simulation (Defense Daily, Sept. 29, 2008). The Tapestry deal marked Boeing’s entrance into the logistics market for the U.S. military.
Boeing said that CDM’s routing and load-planning optimization software gives customers in-transit visibility and rapid re-planning capabilities. CDM’s core domains are logistics planning and execution, transportation planning and tracking, and data quality and validation.
CDM is based in California and has 130 employees. Boeing said the deal would not affect its current financial guidance.