HII completes $1.65B cash acquisition of Alion Science & Technology from Veritas

HUNTINGTON INGALLS INDUSTRIES, INC.

Acquired all outstanding Alion common stock for $1.65 billion in cash, subject to adjustments.
Funded via $400M 0.670% notes due 2023, $600M 2.043% notes due 2028, plus credit facility borrowings.
Alion provides ISR, military simulation, cyber & data analytics; has 3,200+ employees, 80% with security clearances.
Acquisition expands HII's Technical Solutions division and aligns with its strategic focus on defense technology.

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