It was announced on January 29th by Reston, Va.-based SOS International LLC (SOSi) that it has acquired Virginia based, defense and intelligence contracting firm, New World Solutions. With this acquisition SOSi will considerably grow its presence in the intelligence community and will enhance its technical capabilities.
New World Solution’s current president and co-founder Harry Looney will continue to lead the firm as a subsidiary of SOSi in the Intelligence Solutions Group, which will ultimately fall under the leadership of SOSi Vice President, Bob Billeaud.
Looney stated, “New World Solutions gains tremendous benefit from joining forces with SOSi. Our organizations’ common philosophies, shared values and complementary customer base ensure an even stronger future team.”
Julian Setian, President and CEO of SOSi said, “The New World Solutions acquisition is a critical step in the expansion of our business. It represents our most significant strategic move yet in our 25-year history. It is an excellent company with important, cutting-edge programs, and we are delighted to welcome them to the SOSi family.”