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Tag Archives: Acquisition

Booz Allen’s Susan Lawrence: Gov’t Should Look to Industry for Acquisition Lessons

Susan Lawrence

TYSONS CORNER, VA, April 26, 2016 — Susan Lawrence, senior vice president for defense at Booz Allen Hamilton (NYSE: BAH), has said that acquisition lessons learned from her current job in industry can be applied to her previous work with the military, Executive Gov reported Friday. Signal Magazine reported Thursday that Lawrence, a …

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Former Sterling Global Operations Unveils New Name in Rebranding Effort

acquisition, merger

TYSONS CORNER, VA, April 6, 2016 — Sterling Global Operations has rebranded into Janus Global Operations following its acquisition of several risk management and security companies, ExecutiveBiz reported Tuesday. Janus Global said Monday the purchase of Janus Security International, SNE Special Projects and Tundra Security Afghanistan has led to the rebranding effort. “Our …

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General Atomics Closes Purchase of Miltec From Ducommun

Predator

General Atomics has completed its $14.6 million acquisition of aerospace and defense technical business Miltec Corp. from Ducommun (NYSE: DCO). Ducommun said Monday the sale of its Miltec businesse is one part of its strategy to reduce company debt. Miltec provides weapons and military defense systems engineering, technical and program management services for …

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Reuters: Military Truck Manufacturer Navistar Open to Partnerships

alliance-partnership-connect

Troy Clarke, CEO of Navistar International (NYSE: NAV), has indicated that the company could look to partner with other companies to boost sales of its military and commercial truck offerings, Reuters reported Wednesday. Nick Carey writes some analysts have said Navistar is a potential target for partnership or acquisition due to the size of the …

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KEYW to Sell Systems Engineering & Technical Assistance Unit to Quantech Services

acquisition, merger

KEYW Corp. (Nasdaq: KEYW) has agreed on a $12 million cash deal for the sale of its systems engineering and technical assistance business to Quantech Services. “As part of an ongoing strategic review of our business, we came to the conclusion that the growth potential of both KEYW’s core business …

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General Dynamics Buys Undersea Drone Maker Bluefin Robotics; Chris Marzilli Comments

Bluefin-21

General Dynamics has purchased unmanned undersea vehicle manufacturer Bluefin Robotics for an undisclosed amount in a push to add new autonomous technology manufacturing capability. Bluefin will become a part of General Dynamics’ maritime and strategic systems line of business within the mission systems unit, General Dynamics said Monday. Founded in 1997, Bluefin manufactures 50 configurations …

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Ken Asbury: CACI to Focus on Organic Growth After L-3 NSS Acquisition

Ken Asbury

TYSONS CORNER, VA, February 8, 2016 — CACI International (NYSE: CACI) President and CEO Ken Asbury has said the company will focus on organic growth following its $550 million acquisition of L-3 Communications‘ (NYSE: LLL) national security solutions unit, ExecutiveBiz reported Friday. Asbury said in an interview published Thursday on The …

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Symantec Closes $5.3B Veritas Sale to Carlyle Group; Michael Brown Comments

dhs-cyber

A group of investors led by Carlyle Group (Nasdaq: CG) has closed its nearly $5.3 billion acquisition of Veritas from Symantec Corp. (Nasdaq: SYMC). Symantec’s board of directors expects to return $4 billion in accelerated share repurchases and additional capital return to shareholders by the end of March 2017, Symantec …

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Battle Resource Management Buys IT Firm Clearsoft; Mike Battle Comments

acquisition

Battle Resource Management Inc. has purchased information technology provider Clearsoft for an undisclosed amount as part of an effort to help federal and commercial clients migrate to cloud platforms. BRMi will combine Clearsoft’s agile software development systems into its models for business process redesign, BRMi said Wednesday. Mike Battle, founder …

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Leidos to Merge With Lockheed IT, Gov’t Services Segments in $5B Tax-Free Deal

acquisition, merger

Reston, Virginia-based contractor Leidos Holdings (NYSE: LDOS) has agreed to a merger with the government information technology and services businesses of Lockheed Martin (NYSE: LMT) under a $5 billion, tax-free Reverse Morris Trust transaction to create the government services industry’s largest publicly-traded contractor by revenue, the companies said Tuesday. Both companies — …

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