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Business/Financial

Lockheed Martin To Acquire Sensor Information Processing Firm Zeta Associates

By Cal Biesecker

Monday, June 30th, 2014

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Lockheed Martin To Acquire Sensor Information Processing Firm Zeta Associates

Zeta Associates headquarters in Fairfax, Va. Photo: Zeta Associates

Lockheed Martin [LMT] on Monday said it has agreed to acquire Zeta Associates, which has expertise in software development for communications signals collection and processing, in a deal that will boost its capabilities in C4ISR. Terms of the deal, which is expected to close in the third quarter of 2014, were not disclosed although Lockheed Martin said it is immaterial to its financial results. “Zeta Associates’ expertise in cross-platform information collection, analysis and dissemination is an ideal complement to our…

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