August Brings IT Firm Buys, News of a Future Split

Acquisitions in August were mostly about information technology firms with five purchases aimed at bolstering IT operations for the new parent companies. However, the biggest news came from SAIC (NYSE: SAI) as it bought a commercial healthcare IT firm and announced a future split into two separate publicly-traded companies. Here are the eight deals GovCon Wire covered in August. IT Sector Deltek,...

BAE Sells U.S.-based Advanced Ceramics Business

BAE Systems has sold its advanced ceramics business to CoorsTek, the world’s largest technical ceramics manufacturer, for an undisclosed amount. BAE obtained the cermaics business through acquisition its of United Defense, Inc. in June, 2005. The Vista, Calif., facilities develop and fabricate lightweight ceramic armor systems, semiconductor components and assemblies and industrial components. “We...