Anteon acquiring homeland security firm
- By Michael Hardy
- Apr 23, 2003
Anteon International Corp. announced today that it is acquiring Information Spectrum Inc. (ISI), which provides defense and homeland security solutions.
ISI is a $130 million company with headquarters in Annandale, Va. It specializes in credential card technologies, military logistics and training systems, according to Anteon's announcement.
It is the prime contractor for secure identification and access management solutions for the Homeland Security Department's Permanent Resident Card and the State Department's Border Crossing Card programs. ISI also provides logistics, training and engineering solutions for the U.S. Naval Air Systems Command.
Fairfax, Va.-based Anteon, a leading provider of information technology solutions to the federal government, will pay $90.7 million in cash. The companies expect the deal to close by the end of next month.