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Tag Archives: Acquisition

SRA Closes Qbase Gov’t Services Asset Buy

SRA International

SRA International has closed its purchase of a portion of Qbase‘s government services business for an undisclosed amount in a deal that sees more than 230 Qbase staffers join SRA. SRA announced the completion of the deal Thursday and said the acquisition is part of its push to grow in the healthcare, homeland security ...

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Centerra Buys Gregg Protection Services; Paul Donahue Comments

Paul Donahue

Centerra Group has purchased Gregg Protection Services, a provider of nuclear and biological assets protection service, for an undisclosed amount. Centerra said April 1 that David Bradley, Centerra’s vice president of operations, would lead the acquired company that operates as a new division within Centerra. Paul Donahue, president and CEO ...

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Lockheed Buys, Plans Upgrades for High-Speed Wind Tunnel; Mike McWithey Comments

lockheed martin

TYSONS CORNER, VA March 27, 2015 — Executive Mosaic — ExecutiveBiz reported Thursday on High-Speed Wind Tunnel longtime lessee Lockheed Martin’s (NYSE: LMT) acquisition of the facility in Grand Prairie, Texas, from Triumph Aerostructures. The investment allows the defense contractor to update the decades-old research, development and testing ground for subsonic, transonic ...

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Accenture Closes Agilex Buy; David Moskovitz Comments

David Moskovitz

Accenture’s (NYSE: ACN) federal services subsidiary has wrapped up the purchase of Agilex Technologies in a move to grow its analytics, cloud and mobility offerings for federal agency clients. David Moskovitz, Accenture Federal Services CEO, said Thursday the company intends for the acquisition to help “federal clients make the digital transformation ...

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Lexmark to Purchase Kofax for $1B Cash; Paul Rooke Comments

acquisition

Lexmark International’s (NYSE: LXK) board of directors and shareholders have agreed to acquire Kofax (NASDAQ: KFX) for nearly $1 billion in cash, or $11 per share. The transaction is scheduled to close in the second quarter of 2015 and awaits a shareholder vote at Kofax, regulatory clearances and other customary closing terms, ...

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Tom Romeo Sees Acentia IT Buy’s Transformative Role for Maximus

Tom Romeo

TYSONS CORNER, VA March 12, 2015 — Executive Mosaic — Executive Biz reported Wednesday on Maximus Federal Division President Tom Romeo’s remarks regarding the transformative power of combining his company and Acentia’s capabilities. Maximus announced Monday a definitive agreement to buy the Falls Church-headquartered technology contractor for $300 million in a ...

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Omar Balkissoon: OGSystems Makes Geospatial Tech Push with Urban Robotics Buy

Omar Balkissoon

OGSystems has bought aerial data collection technology developer Urban Robotics for an undisclosed amount as the companies aim to fuse their geospatial imaging platforms for defense and intelligence organizations. “The Urban Robotics acquisition complements OGS by matching our entrepreneurial and idea-driven culture and furthering our reputation for geospatial engineering innovation,” ...

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Chuck Harrington: Parsons Buys TJ Cross Engineers to Grow Energy Services Portfolio

PowerPlant

Parsons moved to grow its oil and gas market offerings with the acquisition of T.J. Cross Engineers, a professional services provider in the energy sector. “We believe that combining Parsons’ engineering, procurement and construction services platform with T.J. Cross’ strong engineering base provides an exciting engine for growth,” Chuck Harrington, ...

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