L-3 Communications [LLL] on Wednesday said it has acquired the data analytics firm Data Tactics Corp., a small company that primarily supports the Defense Department.
Terms of the deal were not disclosed. Data Tactics, which is based in Northern Virginia, has about 250 employees and expects sales of about $50 million this year. The company’s employees include more than 150 data scientists, engineers, architects and developments, most of which have security clearances.
“Data Tactics adds key capabilities in big data analytics to L-3’s portfolio, a very attractive and specialized domain that immediately enhances L-3’s existing National Security Solutions business and supports its growth as a solutions integrator for the national security and international markets,” Michael Strianese, chairman, president and CEO of L-3, said in a statement. “This acquisition supports our strategy of providing differentiated technologies and solutions that enable market share gains and distinguish L-3 from our competitors.”
Renamed L-3 Data Tactics, the business unit provides a range of enterprise big data management solutions in the areas of analytics, cloud computing, ultra large-scale data management and analytics, cyber security, and advanced research, software development and integration.
In addition to DoD, Data Tactics supports other government agencies, including public safety and law enforcement organizations, and industry. The company provides the Army with cloud computing capability for intelligence gathering and analysis and has an Air Force contract for a graph engine that “revolutionizes how network graph data is ingested, stored, and accessed” as part of “heavy cyber battle-space analytics,” according to a DoD contract announcement from May 2013. The company is also on the Army’s potential $7 billion multiple award indefinite delivery, indefinite quantity contract to support the Army’s Software Engineering Center.
In January Data Tactics teamed with the professional services firm Sullexis to bring its Big Data Engine to Sullexis’ customers in the energy, financial services and healthcare markets.
Data Tactics’ financial adviser on the deal was
Houlihan Lokey.