Alion Science and Technology Corporation: HII Strikes $1.65B Cash Deal for Alion Science; Andy Green Quoted

Huntington Ingalls Industries (NYSE: HII) has agreed to buy Alion Science and Technology from Veritas Capital for approximately $1.65 billion in cash as part of a push to expand its technical capabilities and portfolio of national security platforms. HII said Tuesday it expects the transaction to conclude in the second half of 2021 and help