
Huntington Ingalls Industries [HII] on Tuesday said it has agreed to acquire Alion Science and Technology in a $1.7 billion deal that will more than double the size of its Technical Solutions segment and better position it for evolving Navy requirements for future ships and the capabilities they’ll need. The deal is subject to regulatory approval and is expected to close in the second half of 2021. Alion, which is expected to generate about $1.6 billion in sales in 2022,…