GovCon Wire’s September M&A Activity Recap; Contractors Active Across Industry

While no clear sector focus dominated the merger and acquisition landscape in September, government contractors remained busy, closing on several interesting healthcare and cybersecurity deals and divesting some operations.

The eight acquisitions GovCon Wire recorded were down from the 11 reported in August, but executive moves ramped up to seasonal heights.

GovCon Wire’s September executive move recap can be found here.

Acquisitions

CACI (NYSE: CACI) closed its acquisition of federal Oracle e-business services provider Advanced Programs Group, expecting to increase its earnings per share with the pick up of the Reston-Va. company.

IBM (NYSE: IBM) added security intelligence software firm Q1 Labs to its newly-formed security systems division. Among other services, the division will help organizations form security dashboards.

Salient Federal Solutions bought Dataline, LLC‘s electronic security systems division to beef up its portfolio of consolidated emergency response systems. Video surveillance and mobile alerts to follow.

General Dynamics (NYSE: GD) closed its 0 million cash purchase of healthcare IT provider Vangent Inc., which will join GDIT. Vangent provides electronic health records and data analytics.

General Dynamics also agreed to buy Metro Machine Corp., a ship repair company that supports the U.S. Navy fleet in Norfolk, Va. GD subsidiary Electric Boat continues to win awards for similar work in Conn.

Lockheed Martin (NYSE: LMT) went after its own health IT contractor, acquiring QTC Holdings, which last year processed more than 450,000 medical service evaluations for VA, DOD and other federal customers.

Sotera Defense Solutions doubled its presence in the Ft. Meade, Md. area, buying Software Process Technologies, a software engineering firm that supports cyber intelligence missions.

Computer Sciences Corp. (NYSE: CSC) looked to improve its application services, acquiring the world’s largest pure-play software testing and quality management provider, AppsLabs Technologies.

Divestitures

BAE Systems sold its U.S.-based advanced ceramics business to CoorsTek, the world’s largest technical ceramics manufacturer. The business builds lightweight armor systems and assembly components.

SRA International shed its contract research organization, SRA Global Clinical Development, to Aptiv Solutions Inc. Aptiv is a global biopharmaceutical and medical device development services company.

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