KeyW Signs Deal for $235M Acquisition of Sotera Defense

TYSONS CORNER, VA, March 10, 2017 — KeyW Corp. (Nasdaq: KEYW) will acquire Sotera Defense Solutions under a $235 million cash transaction as the former works to explore opportunities with the government and intelligence community, GovCon Wire reported Thursday.

KeyW said Wednesday the acquisition is scheduled to close in the second quarter and is anticipated to create a pure-play company with a projected revenue of $535 million in 2017.

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