Friday, May 25, 2012

Boeing to acquire eXMeritus - The Business Journal of the Greater Triad Area:

karnergetajequ1416.blogspot.com
which sells secure hardware and software to the governmentg and lawenforcement organizations, for an undiscloseds sum. Executives at Boeing (NYSE: BA) say the purchasde will help extend its abilityu to serve the federal cyber security andintelligence “The addition of eXMeritus to our team is a stronh enhancement to the Boeing capabilitiess developed through years of experience on secure networks for some of the most comple x systems in national security today,” said Boeingb Integrated Defense Systems President and CEO Jim Albaugh. Fairfax-basedr eXMeritus is the fourth companuy that Boeing will add to its securityand intelligence-related lines of business since 2008.
Last year Boeingh acquired Germantown, Md.-based Digital Receiveer Technology, Herndon, Va.-based Ravenwing and D.C.-basedf . eXMeritus, founded in 2000, will add fewer than 30 employeesto Boeing’s Integrated Defense Systems’ Network and Spacee Systems unit. The company’s products are certifiedx and accredited bythe U.S. governmenr to operate on the government’s trusterd systems. Boeing said the transaction, expectex to close by the end of June, won’t affecgt Boeing’s financial guidance. Boeing’s Integrated Defensd Systems unit, headquartered in St. is a $32 billion business with 70,000 employees worldwide.

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