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which sells secure hardware and software to the government and lawenforcementf organizations, for an undisclosed sum. Executives at Boeingv (NYSE: BA) say the purchase will help extendc its ability to serve the federal cybet security andintelligence markets. “The additionn of eXMeritus to our team is a strong enhancementf to the Boeing capabilities developer through years of experience on secure networks for some of the most complezx systems in nationalsecurity today,” said Boeing Integratede Defense Systems President and CEO Jim Fairfax-based eXMeritus is the fourth company that Boeing will add to its security and intelligence-related lines of business since 2008.
Last year Boeingg acquired Germantown, Md.-based Digital Receiver Technology, Herndon, Va.-basedf Ravenwing and D.C.-based . eXMeritus, foundefd in 2000, will add fewer than 30 employeezto Boeing’s Integrated Defensd Systems’ Network and Space Systems unit. The company’sa products are certified and accredited bythe U.S. government to operate on the government’s trusted systems. Boeingb said the transaction, expected to close by the end of June, won’r affect Boeing’s financial guidance. Boeing’ss Integrated Defense Systems unit, headquarterer in St. Louis, is a $32 billion businesz with 70,000 employees worldwide.
Sunday, April 29, 2012
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