M&A Activity

Field Aviation Buys Rockwell Collins’ ARINC Aerospace Subsidiary; John Mactaggart, Dan Magarian Comment

Field Aviation has made a move to grow the company’s aircraft service market presence through its acquisition of the ARINC Aerospace Systems Engineering and Support subsidiary from Rockwell Collins (NYSE: COL). ARINC Aerospace works to modify, integrate and sustain large planes for military, commercial and private clients, Field Aviation said Tuesday. “The acquisition of …

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Maximus Inks $300M Cash Deal for Acentia in Contract Vehicle Growth Push; Richard Montoni Comments

Maximus (NYSE: MMS) has agreed to purchase technology and management services contractor Acentia for $300 million in cash and expects to close the transaction in the third quarter of Maximus’ 2015 fiscal year. Maximus said Monday it plans to fund the transaction with existing cash and an amended line of credit …

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Omar Balkissoon: OGSystems Makes Geospatial Tech Push with Urban Robotics Buy

OGSystems has bought aerial data collection technology developer Urban Robotics for an undisclosed amount as the companies aim to fuse their geospatial imaging platforms for defense and intelligence organizations. “The Urban Robotics acquisition complements OGS by matching our entrepreneurial and idea-driven culture and furthering our reputation for geospatial engineering innovation, …

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Reuters: Arlington Capital Partners Eyes Novetta Solutions Sale

Arlington Capital Partners is considering a sale of analytics firm Novetta Solutions, which could be valued at more than $650 million, Reuters reported Tuesday. Mike Stone reports the private equity firm tapped Morgan Stanley and Houlihan Lokey to advise on a possible auction for the sale. Novetta works with defense …

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Reuters: Finmeccanica Taps US Investment Bank to Help Offer DRS Pieces for Sale

U.S. investment bank Jefferies Group LLC will send out invitations next week in an effort to seek out potential offers for selected business units of U.S. defense contractor DRS Technologies, Reuters reported Tuesday. Pamela Barbaglia and Mike Stone report that Italian conglomerate Finmeccanica, DRS’ owners, have identified its aviation and logistics …

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Chuck Harrington: Parsons Buys TJ Cross Engineers to Grow Energy Services Portfolio

Parsons moved to grow its oil and gas market offerings with the acquisition of T.J. Cross Engineers, a professional services provider in the energy sector. “We believe that combining Parsons’ engineering, procurement and construction services platform with T.J. Cross’ strong engineering base provides an exciting engine for growth, ” Chuck …

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NTT Com Eyes European Data Center Space With E-shelter Buy-In

NTT Communications (NYSE: NTT) is set to acquire a majority stake totaling 86.7 percent of shares in German data center service operator e-shelter from private equity investment company ABRY Partners. NTT Com said Monday through the move the company intends to boost its market presence in the region and bolster its capability to meet growing demand for data …

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Chris Coleman: Lookingglass Acquires CloudShield to Further Threat Intell Strategy

Lookingglass Cyber Solutions has closed its purchase of network security firm CloudShield in a bid to deliver a comprehensive threat defense platform in the commercial and government markets. Chris Coleman, CEO of Lookingglass, said Monday the company seeks to further leverage threat intelligence and introduce new strategies to help customers …

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Michael Long: Arrow Electronics Targets Govt IT Market Growth Through immixGroup Purchase

Arrow Electronics (NYSE: ARW) has agreed to buy McLean, Virginia-based government information technology services company immixGroup for an undisclosed amount. The acquisition is scheduled to close in the second quarter of 2015 and Arrow Electronics expects the transaction to be accretive on earnings by up to 14 cents per share …

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SAIC to Buy Intell Contractor Scitor for $790M Cash; Tony Moraco Comments

Science Applications International Corp. (NYSE: SAIC) has agreed to acquire intelligence community contractor Scitor Corp. for $790 million cash from private equity firm Leonard Green & Partners in a push to expand in the IC and Air Force markets. SAIC expects to close the transaction in May 2015 and for the deal to increase its …

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