COGNIZANT TO ACQUIRE BELCAN FOR APPROXIMATELY $1.3 BILLION TO SIGNIFICANTLY STRENGTHEN ENGINEERING CAPABILITIES AND ESTABLISH A LEADERSHIP POSITION IN AEROSPACE & DEFENSE MARKET
Cognizant(CTSH) Prnewswire·2024-06-10 19:00Significantly expands access to the ~190 billion rapidly growing, specialized Engineering Research & Development services market Immediately accelerates growth opportunity through presence in attractive aerospace & defense sector with established blue-chip clients Expected to deliver >100 million in annual revenue synergies within three years and to be accretive to 2026 EPS Cognizant to host investor conference call to discuss transaction on June 10, 2024 at 8:30 a.m. Eastern TEANECK, N.J., June 10, 2024 ...