With a major acquisition and a key divestiture under its belt, Alion has reshaped to focus on high-tech areas and significantly change its customer base.
Alion was long known as a Navy contractor that specialized in systems engineering and technical assistance. But in 2015, private-equity company Veritas Capital bought the company; in 2017, it installed contracting veteran Steve Schorer to serve as chief executive.
Schorer quickly moved to make key changes, promising to grow Alion’s work with the Army and Air Force and to focus it on growing markets. Later that year, he named former colleague Todd Borkey chief technology officer.
Now, Alion has about $1 billion in annual sales, according to Schorer, up from about $800 million when he joined in 2017.