NSA Awards L-3 Max $1B in Systems Engineering, Acquisition Support Contracts

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The National Security Agency has awarded two worth up to $1 billion combined over five years to L-3 Communications (NYSE: LLL) for systems engineering and program support services. Both Enterprise Program Management contracts have a combined base value of $367.3 million to the company’s national security solutions business, L-3 said Friday. Contract work will also include acquisition planning,...

Marc Parent: CAE Eyes Flight Training Program Expansion with Purchase of Bombardier Unit

Logistics
CAE (NYSE: CAE) has agreed to buy the military aviation training business of Bombardier for approximately $15.9 million in an effort to further help defense customers train future airmen. The Bombardier unit works with the Royal Canadian Air Force and allied forces as a prime contractor in the NATO Flying Training in Canada program, CAE said Monday. “We plan to expand the NFTC program, and leverage...

David Savner to Co-Chair Engility Board Upon TASC Deal’s Closure; Tony Smeraglinolo Comments

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David Savner, a board member at Engility Holdings (NYSE: EGL) since 2012, will serve as a non-executive co-chairman of the company’s board of directors upon its $1.1 billion acquisition of TASC. Engility said Tuesday Savner will lead the board with current TASC Chairman Peter Marino after the deal closes, which could occur within the current quarter of this calendar year. Current Board Chairman...

Compusearch, TopVue Defense Complete Merger; Reid Jackson Comments

Reid Jackson
Reid Jackson Compusearch Software Systems and TopVue Defense have merged to develop integrated offerings to help U.S. defense customers manage and coordinate projects. The combined firm aims to offer TopVue’s programmatic technology in conjunction with the Compusearch-designed Prism and SpectrumCLM acquisition and contract management platforms, Compusearch said Tuesday. “We are excited...

Report: Symantec to Acquire Tech Rights of Boeing’s Cybersecurity Business Narus

Cybersecurity
Symantec (NASDAQ: SYMC) has agreed to purchase technology rights from Boeing‘s (NYSE: BA) Narus subsidiary as Symantec looks to grow its presence in the commercial cybersecurity market, the Wall Street Journal reported Monday. Danny Yadron and Doug Cameron write Symantec aims to leverage a Narus-made Internet filter technology to help businesses guard their systems against cyber crime. Amit Mital,...

Haywood Talcove: LexisNexis to Purchase BAIR Analytics for Public Safety Tech Push

Haywood-Talcove
Haywood Talcove LexisNexis Risk Solutions has agreed to buy BAIR Analytics in a move to help law enforcement organizations accelerate the criminal investigation process with technology. BAIR Analytics builds data analysis, mapping and visualization tools for public safety agencies to examine and predict crime patterns, LexisNexis said Tuesday. Haywood Talcove, CEO of LexisNexis’ special services...

Belden Completes Tripwire Acquisition; John Stroup Comments

John Stroup
John Stroup Belden Inc. (NYSE: BDC) has wrapped up the acquisition of security and compliance services provider Tripwire for $710 million. John Stroup, president and CEO of Belden, said Monday the signal transmission services firm will integrate Tripwire’s technology into Belden’s application to help enterprise, industrial and broadcast clients deploy and secure connected devices. The Tripwire...

Brian Clark: NCI Targets Govt Services Market Growth with Computech Buy

acquisition
NCI (NASDAQ: NCIT) has agreed to purchase Bethesda, Maryland-based government services provider Computech for approximately $56 million in cash. NCI said Monday it expects the transaction to close on Thursday and that it will finance the deal with cash on hand and credit facility borrowings. “The acquisition of Computech is in line with NCI’s growth strategy, which calls for the development...

Atos to Acquire Xerox’s IT Outsourcing Business for $1.05B

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Atos has agreed to acquire Xerox‘s (NYSE: XRX) information technology outsourcing business to Atos for $1.05 billion with $50 million in additional consideration. The companies expect to close the transaction in the first half of 2015  and Aton will provide IT services to Xerox as part of the deal, Xerox said Thursday. Xerox’s ITO’s leadership team will join Atos and Xerox’s...

Cubic Buys DTECH LABS for $114.5M; Bradley Feldmann Comments

Bradley Feldmann
Bradley Feldmann Cubic Corp. (NYSE: CUB) has acquired modular networking and baseband communications equipment provider DTECH LABS Inc. for $114.5 million. Bradley Feldmann, president and CEO of Cubic, said Tuesday the DTECH acquisition is part of the company’s “near-term strategy to build a niche $100 [million] to $200 million C4ISR business generating mid-teen EBITDA margins.” Sterling, Virginia-based...