Summary of deal:
Lockheed Martin Corporation [NYSE: LMT] announced on April 28, 2008 its acquisition of Eagle Group International, LLC., an Atlanta, Georgia based provider of logistics, information technology, training and healthcare services to the U.S. Department of Defense. Financial terms of the transaction were not disclosed.

INPUT’s Take:
This acquisition will offer Lockheed Martin's current customers the reputation of Eagle Group's exceptional suport of its customers' critical missions. "The acquisition of Eagle Group extends our logistics and business process outsourcing capabilities, strengthens our relationships with several key Army customers, and enhances our support for military force modernization and reset imperatives," said Bob Stevens, Lockheed Martin's Chairman, President and CEO. "We're confident that this acquisition will create value for our customers and our shareholders." Eagle Group International prime contract obligations increased from $85,890,000 in FY 2004 to $113,573,000 in FY 2007 with $59,385,000 obligated to their GSA Logistics Worldwide Schedule GS10F0397N for administrative management and general management consulting services. Eagle’s largest customer by far is the US Army with $95,187,000 obligated in FY 2007 (source: INPUT and FPDS).

The acquisition is the second for Lockheed Martin in four months. Lockheed Martin's last acquisition was December 20th, 2007 with the purchase of PercepTek, Inc., provider of advanced autonomous software technologies.

More Details of the Transaction: Lockheed Martin acquires Eagle Group International