Cognizant to acquire belcan for approximately $1.3 billion to significantly strengthen engineering capabilities and establish a leadership position in aerospace & defense market

Significantly 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.
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