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Business/Financial

Boeing Completes Purchase of Federated Software

DDN

Tuesday, December 9th, 2008

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Boeing [BA] said yesterday it has completed its acquisition of Federated Software Group, boosting the company's capabilities in providing solutions to the Defense Department for managing military supply chains and logistics. Federated provides engineering services and software systems to help track and distribute equipment and personnel for DoD. In September Boeing agreed to acquire Tapestry Solutions, which specializes in real-time logistics visibility and logistics modeling and simulation. Terms of the deal for Federated were not disclosed although Boeing said it…

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