Close

Search

Search Menu
Photonics Media Photonics Buyers' Guide Photonics EDU Photonics Spectra BioPhotonics EuroPhotonics Industrial Photonics Photonics Showcase Photonics ProdSpec Photonics Handbook
More News
SPECIAL ANNOUNCEMENT
2016 Photonics Buyers' Guide Clearance! – Use Coupon Code FC16 to save 60%!
share
Email Facebook Twitter Google+ LinkedIn Comments

Lockheed Martin Acquires ISX

Photonics.com
Jun 2006
BETHESDA, Md., June 13, 2006 -- Defense contractor Lockheed Martin Corp. announced yesterday that it will acquire ISX Corp., a privately owned, California-based provider of military decision systems and other information technology solutions for government customers. Terms of the deal were not disclosed.

Founded in 1988, ISX provides IT solutions in technology engineering and systems integration, command and control, communications, computers and intelligence, and information and knowledge management. Approximately 90 percent of ISX's business comes from the Department of Defense, Lockheed Martin said.

"ISX has gained broad recognition for innovation as a research and development leader, to include winning two consecutive awards as DARPA's contractor of the year -- a first for any company," said Bob Stevens, Lockheed Martin chairman, president and CEO. "This acquisition complements and accelerates our growth in decision systems, distributed collaborative military operations, autonomous systems, and knowledge management."

Lockheed Martin's advanced computing and applied research and development facility, Advanced Technology Laboratories (ATL), located in Cherry Hill, NJ, will manage the ISX business, the company said. The transaction is expected to close this month.

For more information, visit: www.lockheedmartin.com



Comments
Terms & Conditions Privacy Policy About Us Contact Us
back to top

Facebook Twitter Instagram LinkedIn YouTube RSS
©2016 Photonics Media
x We deliver – right to your inbox. Subscribe FREE to our newsletters.