Saalex Acquires Spalding Consulting to Expand IT and Software Capabilities
Acquiring Company
Saalex Corporation
Acquired Company
Spalding Consulting
Description
Saalex Corporation has announced the acquisition of Lexington Park-based Spalding Consulting, a strategic move to expand its IT and software capabilities. This acquisition, valued at over $75 million, will grow Saalex's annual revenues to over $175 million, positioning it as a significant player in the aerospace and defense market. The addition of Spalding's more than 430 talented professionals will increase the Saalex employee base to over 1,200 nationwide, while providing an immediate East Coast presence near a key customer at the Naval Air Warfare Center Aircraft Division (NAWCAD) Patuxent River base. Spalding Consulting will operate as a wholly owned subsidiary of Saalex, with the executive leadership remaining in place during the transition.