Lockheed Martin Eyes Zeta Associates

Lockheed Martin is set to acquire Zeta Associates. The terms of the agreement were not disclosed and are not material to Lockheed Martin.

Zeta Associates will be a wholly-owned subsidiary of Lockheed Martin reporting through the corporation's Space Systems business area.

"Zeta Associates' expertise in cross-platform information collection, analysis and dissemination," said Marillyn Hewson, Lockheed Martin Chairman, President and CEO.

Founded in 1984, Zeta Associates specializes in technology that powers critical national security missions. The workforce focuses on leading-edge software, communications and ground systems innovation to solve complex mission challenges.

Zeta Associates has about 350 employees, which are based in their Fairfax, Virginia, headquarters, as well as Denver, Colorado, and at customer locations.