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KeyW To Acquire Sotera, Expanding Scale As Contractor To The Intelligence Community

KeyW To Acquire Sotera, Expanding Scale As Contractor To The Intelligence Community
KeyW Corp. CEO Bill Weber. Photo: KeyW

KeyW Holding Corp. [KEYW] on Wednesday said it has agreed to acquire Sotera Defense Solutions in a $235 million cash deal that significantly expands its role as a prime contractor with the intelligence community and adds new customers.The deal value includes $46 million in acquired tax benefits and is expected to close early in the second quarter of 2017.Maryland-based KeyW said that in combination with Sotera, it will have about $535 million in pro forma sales this year, which refers…

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