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Lockheed Martin Acquires ISX

Information technology provider ISX will be acquired by Lockheed Martin in a deal expected to close later this month, the company announced Tuesday. The privately held ISX is headquartered in Camarillo and does much of its business with the Department of Defense. ISX has two offices in Georgia. Details of the transaction were not disclosed. ISX provides IT services to government customers focused on technology engineering and systems integration, information management and other communications. The ISX business will be managed by Lockheed Martin Advanced Technology Laboratories, based in Cherry Hill, N.J. “This acquisition complements and accelerates our growth in decision systems, distributive collaborative military operations, autonomous systems and knowledge management,” Lockheed Martin Chairman, President and Chief Executive Officer Bob Stevens said in a prepared statement.

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