M&A Deal Summary

Science Applications International Acquires AETC

On November 8, 2006, Science Applications International acquired technology hardware company AETC

Acquisition Highlights
  • This is Science Applications International’s 1st transaction in the Technology Hardware sector.
  • This is Science Applications International’s 12th transaction in the United States.
  • This is Science Applications International’s 3rd transaction in California.

M&A Deal Summary
Date 2006-11-08
Target AETC
Sector Technology Hardware
Buyer(s) Science Applications International
Deal Type Add-on Acquisition

Target

AETC

San Diego, California, United States
AETC, Inc. is a provider of remote sensing systems and services for the U.S. Department of Defense. AETC develops acoustic, non-acoustic, radar, and electromagnetic remote sensing techniques and systems for underwater, underground, and above-ground applications.

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Buyer(S) 1

Buyer

Science Applications International

Reston, Virginia, United States
Category Company
Founded 1969
Sector Information Technology
Employees26,000
Revenue 7.4B USD (2024)
DESCRIPTION
SAIC office in Tysons Corner, Virginia.
SAIC office in Tysons Corner, Virginia.

Science Applications International (SSAIC) is a scientific, engineering, and technology applications company that uses its domain knowledge to solve problems in national security, energy and the environment, critical infrastructure, and health. Science Applications International was founded in 1969 and is based in Reston, Virginia.

DEAL STATS #
Overall 12 of 24
Sector (Technology Hardware) 1 of 1
Type (Add-on Acquisition) 12 of 22
State (California) 3 of 4
Country (United States) 12 of 23
Year (2006) 7 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-09-13 Varec

Norcross, Georgia, United States

Varec, Inc. is a provider in measurement, control and automation systems, supplying integrated hardware and software to oil and gas, defense, and aviation markets.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-12-18 Applied Marine Technology

Virginia Beach, Virginia, United States

Applied Marine Technology, Inc. is a broad range of services, products and expertise to the special warfare community, military, law enforcement, the intelligence community and private industry, including the areas of homeland security and the global war on terrorism.

Buy -
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