Category: M&A Activity

Comtech to Acquire Gilat in $532.5M Cash-and-Stock Deal; Fred Kornberg QuotedM&A Activity

Comtech to Acquire Gilat in $532.5M Cash-and-Stock Deal; Fred Kornberg Quoted

Comtech Telecommunications (Nasdaq: CMTL) has agreed to buy Gilat Satellite Networks (Nasdaq: GILT) for $10.25 per share or approximately $532.5M…
Greg Hayes: UTC Eyes Raytheon Merger Completion in AprilM&A Activity

Greg Hayes: UTC Eyes Raytheon Merger Completion in April

Greg Hayes, chairman and CEO of United Technologies Corp. (NYSE: UTX), said UTC hopes to close its potential $120B merger…
KippsDeSanto’s Warren Romine: Defense Spending, Market Factors Could Drive M&AsM&A Activity

KippsDeSanto’s Warren Romine: Defense Spending, Market Factors Could Drive M&As

Warren Romine, managing director at KippsDeSanto & Co., has said more middle-market defense contractors are considering divestitures as they assess their…
EOS Targets Space Comms Market Through Audacy AcquisitionM&A Activity

EOS Targets Space Comms Market Through Audacy Acquisition

The U.S. subsidiary of Australia-based defense and space company Electro Optic Systems has agreed to acquire Audacy for approximately $6.7M in…
Boeing-Embraer Partnership Gets Unconditional Clearance in Brazil; Marc Allen QuotedM&A Activity

Boeing-Embraer Partnership Gets Unconditional Clearance in Brazil; Marc Allen Quoted

Boeing (NYSE: BA) and Embraer have received unconditional approval for their strategic partnership from Brazil’s regulatory agency. The European Commission…
ASGN Completes $85M Blackstone Federal Purchase; ECS’ George Wilson QuotedM&A Activity

ASGN Completes $85M Blackstone Federal Purchase; ECS’ George Wilson Quoted

ASGN (NYSE: ASGN) has closed its acquisition of Blackstone Technology Group’s federal division for $85M in cash. ASGN said Monday…
DynCorp Completes Initial Transition for U.S. Army AFM II Contract; George Krivo QuotedM&A Activity

DynCorp Completes Initial Transition for U.S. Army AFM II Contract; George Krivo Quoted

DynCorp International has completed the initial transitions for the U.S. Army’s Aviation Field Maintenance II East and West contracts successfully, the…
Smartronix, Trident Get Strategic Investments From OceanSound; Ted Coons QuotedM&A Activity

Smartronix, Trident Get Strategic Investments From OceanSound; Ted Coons Quoted

Information technology companies Smartronix and Trident Technologies have received strategic investments from New York-based private equity firm OceanSound Partners.
BAE’s US Arm to Buy Two Businesses From Raytheon, UTC’s Collins Aerospace; Jerry DeMuro QuotedM&A Activity

BAE’s US Arm to Buy Two Businesses From Raytheon, UTC’s Collins Aerospace; Jerry DeMuro Quoted

BAE Systems’ U.S. subsidiary has agreed to acquire two businesses that are being divested in order for United Technologies Corp.…
Roderick Duke: Qualis Seeks to Expand Aviation Support Services Through Bonham AcquisitionM&A Activity

Roderick Duke: Qualis Seeks to Expand Aviation Support Services Through Bonham Acquisition

Engineering and technical services provider Qualis has purchased Bonham Technologies Inc., which offers support for aircraft and combat weapon systems, for an…