ASRC Federal has completed the acquisition of the logistics and supply chain management arm of Science Applications International Corp.
SAIC sold the business for $350 million.
“We are excited to welcome this exceptional team with decades of experience providing innovative solutions to their customers,” said Jennifer Felix, president and CEO of ASRC Federal. “The rest of the ASRC Federal team is ready to support them in their important mission to equip our military personnel and help ensure our Nation’s security.”
The deal adds 240 professionals to ASRC Federal’s team and decades of experience providing technology-enabled supply chain management and logistics solutions for the Defense Logistics Agency. It also builds on ASRC Federal’s base operations support capability that provides procurement, logistics and warehousing services at military locations around the country.