April 20, 2014 4:45 AM ET

Aerospace and Defense

Company Overview of Alion Science and Technology Corp.

Company Overview

Alion Science and Technology Corporation provides engineering, information technology, naval architecture, and operational solutions for defense, civilian government, foreign governments, and commercial industries in the United States and internationally. It offers systems engineering/design integration; operational sustainment and life cycle support; lifecycle logistics; schedule management and on-site logistics; acquisition and production management for ships, systems, and marine equipment; and waterfront and field engineering support, post-shakedown availability planning and execution, damage control audits, and shipboard completion inspections. The company also provides requirements engi...

1750 Tysons Boulevard

Suite 1300

McLean, VA 22102

United States

Founded in 2001

2,586 Employees

Phone:

703-918-4480

Key Executives for Alion Science and Technology Corp.

Executive Chairman
Age: 60
Chief Financial Officer
Age: 54
Chief Operating Officer
Age: 50
Principal Accounting Officer
Age: 58
Senior Vice President
Age: 43
Compensation as of Fiscal Year 2013.

Alion Science and Technology Corp. Key Developments

Alion Science and Technology Corp. Wins $25 Million Federal Contract

Alion Science & Technology Corp. was awarded a $25,002,968 federal contract modification by the U.S. Naval Sea Systems Command, for additional professional support services in support of the Surface Warfare Directorate.

Alion Science and Technology Wins $17.7 Million Contract to Help Department of Defense (DoD) Defeat Emerging IED Threats and Hazards

Alion Science and Technology awarded a $17.7 million task order to provide the Department of Defense (DoD) with engineering and science and technology expertise to help defeat improvised explosive device (IED) threats against troops in theater and throughout the world.

Alion Science and Technology Provides Update on Entering into a Revolving Credit Agreement Among Credit Suisse AG

As previously disclosed, on March 22, 2010, Alion Science and Technology entered into a revolving credit agreement among Credit Suisse AG, as administrative agent, lenders party thereto from time to time and certain of Alion's subsidiaries. The Existing Revolving Credit Agreement financial statement covenant requires delivery of an audit opinion without a going concern explanatory note or any similar qualification or exception and without any qualification or exception as to the scope of such audit. As previously disclosed, effective as of December 12, 2013, in anticipation of a potential covenant breach resulting from the company's receipt of an audit opinion with respect to its 2013 fiscal year end financial statements that would include a going concern explanatory note, the Existing Revolving Credit Agreement lenders agreed initially to waive the potential breach of the Existing Revolving Credit Agreement which would have resulted, absent the waiver, from receiving the audit opinion with the going concern explanatory note. Alion paid no fee for this initial waiver. Effective as of December 21, 2013, Alion and the Existing Revolving Credit Agreement lenders amended the waiver agreement to waive the potential breach of the Existing Revolving Credit Agreement through February 21, 2014. Alion paid no fee for the waiver effective through February 21, 2014. As previously disclosed, effective as of February 21, 2014, the Existing Revolving Credit Agreement lenders agreed to extend the effective period for the waiver through and including March 31, 2014. The company paid a $175,000 fee to extend the waiver through March 31, 2014 and, pursuant to the terms of the February 21, 2014 waiver agreement, the company paid the Existing Revolving Credit Agreement lenders an additional $175,000 fee because the Existing Revolving Credit Agreement was not refinanced by March 23, 2014. Effective March 31, 2014, the Existing Revolving Credit Agreement lenders agreed to further extend the effective period for this waiver through and including April 30, 2014, and the company paid a fee in connection with the Waiver.

Similar Private Companies By Industry

Company Name Region
Cannae LLC United States
SafeNet Government Solutions, LLC United States
Neany, Inc. United States
Neya Systems, LLC United States
Revilo Aerospace Corporation United States

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
NYC2012, Inc. United States
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
Rush University United States
Citizens Budget Commission United States

Post a JobJobs

View all jobs

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Alion Science and Technology Corp., please visit www.alionscience.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.