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Tag Archives: M&A Activity

Leonardo DRS Completes $150M Daylight Solutions Buy

Leonardo DRS has wrapped up its acquisition of quantum cascade laser platforms manufacturer Daylight Solutions for approximately $150 million. The transaction received regulatory approvals and clearance from Daylight Solutions’ stockholders, Leonardo said Monday. Leonardo DRS agreed to purchase 100 percent equity stake in Daylight Solutions in March in a move …

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Boeing’s Caryn Nightengale Named Liquid Robotics CFO; Gary Gysin Comments

Caryn Nightengale, formerly director of corporate development at Boeing’s (NYSE: BA) defense, space and security segment, has joined Sunnyvale, California-based unmanned maritime systems maker Liquid Robotics as chief financial officer. She will report to Gary Gysin, Liquid Robotics’ president and CEO, and oversee financial management, contracts, information technology and global trade …

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Level 3 Vet Edward Morche to Serve as CenturyLink President of Strategic Enterprise, Federal and State Gov

Edward Morche, a 16-year Level 3 Communications (NYSE: LVLT) veteran, will serve as president of strategic enterprise, federal government and state government business unit at CenturyLink (NYSE: CTL) once the Monroe, Louisiana-based telecommunications firm completes its pending $34 billion acquisition of Level 3. Erich Sanchack continues to lead the federal government group. Morche will …

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Antonio Neri Promoted to HPE President; Meg Whitman Comments

Antonio Neri, executive vice president and general manager of enterprise group at Hewlett Packard Enterprise (NYSE: HPE), has been promoted to president at the Palo Alto, California-based technology company. Neri will oversee HPE’s four primary business lines and the company’s HPE Next efforts that aim to streamline operations, seek new …

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PAE Closes FCi Purchase in Govt Mission Support Push; John Heller Comments

PAE has wrapped up its acquisition of Ashburn, Virginia-based professional services contractor FCi Federal for an undisclosed sum, a move that CEO John Heller says will expand PAE’s information and process management support offerings to the government sector. “As a combined team, we look forward to continuing the exceptional services that FCi’s customers have come …

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Accenture Eyes Federal Cloud Portfolio Expansion Through Phase One Purchase

Accenture (NYSE: ACN) has agreed to purchase Alexandria, Virginia-based Phase One Consulting Group for an undisclosed sum in a move to expand the global management consulting and professional services contractor’s Salesforce (NYSE: CRM) capabilities and cloud platforms for U.S. federal agencies. Accenture said Wednesday it will integrate Phase One into the Accenture Federal …

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Level 3’s Jeff Storey to Succeed Glen Post as CenturyLink CEO in 2019

Jeff Storey, president and CEO of Broomfield, Colorado-based Level 3 Communications (NYSE: LVLT), will serve as president, chief operating officer and board member at CenturyLink (NYSE: CTL) once the Monroe, Louisiana-based telecommunications firm completes its planned $34 billion acquisition of Level 3. Storey will succeed CenturyLink CEO Glen Post, who will …

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CSRA to Buy IT Firm NES Associates; David Keffer, Larry Prior Comment

CSRA (NYSE: CSRA) has agreed to purchase Alexandria, Virginia-based information technology services contractor NES Associates for an undisclosed amount. David Keffer, chief financial officer of CSRA, said Wednesday that the pending acquisition is in line with the Falls Church,Virginia-based company’s “long-term approach to capital allocation, as our balance sheet continues to evolve.” “After aggressively …

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John Mengucci Takes On Expanded COO Role at CACI; Ken Asbury Comments

John Mengucci, chief operating officer and president of U.S. operations at CACI International (NYSE: CACI), will assume additional responsibilities as COO in an effort to advance the company’s strategic growth initiatives. Mengucci will continue to report to CACI President and CEO Ken Asbury and will oversee the company’s mergers and acquisitions, …

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John Sutton Named KeyW COO; Marion Ruzecki Appointed Chief People Officer

KeyW Corp. (Nasdaq: KEYW) has named John Sutton, formerly head of Vencore’s defense, civilian and homeland security group, as chief operating officer and 22-year employee care and recruitment professional Marion Ruzecki as chief people officer. Sutton will succeed the departing COO Mark Willard on May 15, KeyW said Wednesday. “John has extensive experience …

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