ST. LOUIS, Dec. 7, 2010 -- Boeing [NYSE: BA] today announced that it has completed its acquisition of CDM Technologies, a software engineering company that specializes in real-time transportation and logistics planning systems for the U.S. military. The transaction, announced Nov. 16, was effected through Boeing's Tapestry Solutions subsidiary.
CDM Technologies, headquartered in San Luis Obispo, Calif., will be fully integrated into Tapestry Solutions. The terms of the transaction are not being disclosed.
The acquisition supports Boeing’s growth strategy for logistics command and control.
Tapestry Solutions of San Diego is a wholly owned subsidiary of Boeing and forms the core of the Logistics Command and Control (LogC2) subdivision of Defense & Government Services, an operating division of Boeing Defense, Space & Security’s Global Services & Support business unit.
A unit of The Boeing Company, Boeing Defense, Space & Security is one of the world's largest defense, space and security businesses specializing in innovative and capabilities-driven customer solutions, and the world's largest and most versatile manufacturer of military aircraft. Headquartered in St. Louis, Boeing Defense, Space & Security is a $34 billion business with 68,000 employees worldwide.Boeing: Boeing Completes Acquisition of CDM Technologies
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