Lockheed Martin finalizes Management Systems Designers Inc. acquisition

Feb. 5, 2007
BETHESDA, Md., 5 Feb. 2007. Lockheed Martin Corporation has completed its acquisition of Management Systems Designers Inc., a provider of information technology and scientific solutions supporting national security, government life science, and civil agency missions. MSD's capabilities include systems design, development, and integration; systems engineering; application support; professional services; management consulting; and specialized health and bioinformatics services.

BETHESDA, Md., 5 Feb. 2007.Lockheed Martin Corporation has completed its acquisition of Management Systems Designers Incorporated (MSD), a Fairfax, Virginia-based provider of information technology (IT) and scientific solutions supporting national security, government life science, and other civil agency missions.

MSD's capabilities include systems design, development, and integration; systems engineering; application support; professional services; management consulting; and specialized health and bioinformatics services.

MSD has more than 600 employees. Virtually all of its revenue is generated from the fderal government. Other customers include the Department of Homeland Security, Department of Defense, and intelligence agencies.

The acquisition will enable Lockheed Martin to combine its systems engineering and integration capabilities with MSD's domain credentials to develop enhanced solutions for an expanded customer set. MSD will be part of the Corporation's Integrated Systems & Solutions Business Area.

The acquisition was originally announced Dec. 21, 2006. Terms of the transaction were not disclosed.

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