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    Jul 1, 2010

    Acquisition will cost defense giant $775 million in cash. The Boeing Co. will acquire Argon ST in an all-cash tender offer and merger for $34.50 per share, or approximately $775 million.

    The agreement to acquire the developer of command, control, communications, computers, intelligence, surveillance, and reconnaissance and combat systems advances Boeing's growth strategy and expands the company’s capabilities to address the C4ISR, cyber and intelligence markets, according to a statement issued today by Boeing.

    Founded in 1997 and based in Fairfax, Va., Argon ST develops sensors and networks designed to exploit, analyze and deliver information for real-time situational awareness. Read full article.

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