Lockheed Martin Acquires Hypersonics Portfolio from Integration Innovation (i3)
October 9, 2020
Lockheed Martin signed a definitive agreement to acquire a portion of Integration Innovation Inc. (i3), specifically i3's hypersonics strike and defense portfolio. The asset is expected to close in about 30 days, and upon closing the hypersonics portfolio will be managed by Lockheed Martin's Space business area to expand hypersonic-specific capabilities for government and commercial customers.
- Buyers
- Lockheed Martin
- Targets
- Integration Innovation Inc. (i3) — Hypersonics portfolio
- Sellers
- Integration Innovation Inc. (i3)
- Industry
- Aerospace & Defense
- Location
- Alabama, United States
- Transaction Type
- Divestiture
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