Home / Tag Archives: M&A Activity

Tag Archives: M&A Activity

TransDigm to Purchase Aircraft Component Maker Data Device Corp for $1B

acquisition, merger

Cleveland-based aircraft component maker TransDigm (NYSE: TDG) has agreed to purchase databus and power control system manufacturer Data Device Corp. and its parent company ILC Holdings from Behrman Capital for approximately $1 billion in a push to add new products for military, space and commercial customers. Transdigm said Wednesday it expects to close the transaction that is subject to …

Read More »

Mike Lawrie: CSC Has ‘All Options’ on Table for HPE’s US Public Sector Arm Post-Merger

CSC logo_GovConWire

Computer Sciences Corp. (NYSE: CSC) CEO Mike Lawrie told investors Tuesday the company will consider an undefined range of options regarding Hewlett-Packard Enterprise‘s (NYSE: HPE)’s U.S. public sector business in conjunction with CSC’s merger into HPE’s enterprise services segment. Tysons, Virginia-based CSC is subject to a two-year non-compete agreement in the federal government field …

Read More »

FedData Buys Intelligent Decisions’ Intelligence Businesses

acquisition

Federal Data Systems has purchased two Maryland-based counterintelligence and intelligence business units from public sector services contractor Intelligent Decisions for an undisclosed sum in an effort to expand threat insider and critical infrastructure support services for commercial and government organizations. “This acquisition launches our platform of companies and extends FedData’s reach into the …

Read More »

KBR CEO Stuart Bradie: Wyle Purchase Adds US Govt R&D Contracts as Complement to Overseas Work

acquisition, merger

KBR‘s (NYSE: KBR) move to purchase U.S. government engineering and technical services contractor Wyle Laboratories for $570 million aims to add a pipeline of domestic research-and-development services to federal agencies as a complement to work carried out overseas, KBR CEO Stuart Bradie told investors Monday. Bradie said a majority of KBR’s government …

Read More »

KBR Strikes $570M Deal For Engineering, Science Contractor Wyle

manufacturing, engineering gears

Houston-based KBR (NYSE: KBR) has agreed to purchase U.S. federal engineering and scientific services contractor Wyle Laboratories for $570 million in a move both companies expect to create a global government services business segment with an estimated $2 billion in projected annual contract work. KBR said Monday it expects to …

Read More »

Former Parsons Exec Joseph Nicholas Named STG SVP, Cyber Sector Lead

Joseph Nicholas

Joseph Nicholas, formerly vice president of the cyber intelligence and operations sector at Parsons, will join Reston, Virginia-based information technology services contractor STG on May 23 as senior vice president and sector leader for cybersecurity and secure information systems. He will oversee the company’s efforts to develop IT platforms intended to …

Read More »

Brad Clevenger: SolAero Aims to Complement Space Tech Portfolio with Vanguard Buy

space-engineering

Albuquerque, New Mexico-based satellite and spacecraft solar panel manufacturer SolAero Technologies has bought San Diego, California-based aerospace components producer Vanguard Space Technologies from Enlightenment Capital for an undisclosed sum. SolAero and Vanguard plan to combine their core offerings in an effort to create value for customers worldwide, SolAero CEO Brad Clevenger said in a statement released …

Read More »

ALATEC Eyes IT Services Expansion Through USi Purchase, Changes Name to Ignite

IT

ALATEC has purchased Huntsville, Alabama-based information technology services provider USi for an undisclosed sum in an effort to expand its IT offerings for federal government and commercial clients. ALATEC, a service-disabled, veteran-owned small business in Huntsville, has also changed its name to Ignite as part of its corporate rebranding efforts, …

Read More »

Altamira Purchases Cyber Operations Contractor Prime Solutions for Intell Market, R&D Resource Expansion

cybersecurity

McLean, Virginia-based Altamira Technologies has acquired cybersecurity services provider Prime Solutions for an undisclosed sum in a push to add new footprints in the intelligence community and resources for research-and-development initiatives. Altamira said Friday it also sought access to Prime Solutions’ employees that work in areas such as computer network operations and …

Read More »

Dell, EMC to Name Future Combined Firm ‘Dell Technologies’

acquisition, merger

Dell and EMC (NYSE: EMC) have announced their integrated enterprise information technology company will do business as Dell Technologies once the process of their estimated $67 billion merger is complete. “Our vision is a strategically aligned family of businesses that brings together customers’ entire infrastructure, from hardware to software to services, from the edge to the …

Read More »