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Business/Financial

Serco To Acquire Alion’s Naval Systems Business For $225 Million

By Cal Biesecker

Thursday, May 23rd, 2019

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Serco To Acquire Alion’s Naval Systems Business For $225 Million

Alion's naval support business provides comprehensive technical expertise for ship design and operations. Photo: Alion

Serco, Inc. on Thursday said it has agreed to acquire the Naval support business of Alion Science and Technology for $225 million, a deal that will significantly add to its defense business, particularly for the Navy. The deal, which is expected to close in the second half of 2019 pending regulatory approvals, also includes Alion’s Canadian business and some smaller contract operations. Alion’s Naval Systems Business Unit (NSBU) had $336 million in sales and Serco’s defense business $453 million, raising…

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