M&A Activity

The U.S. subsidiary of Australia-based defense and space company Electro Optic Systems has agreed to acquire Audacy for approximately $6.7M in a move to leverage the latter’s spectrum license for microwave communications.

Boeing (NYSE: BA) and Embraer have received unconditional approval for their strategic partnership from Brazil’s regulatory agency. The European Commission continues to review the partnership, which has secured unconditional clearances in the U.S., Japan, Montenegro, Kenya, Colombia, China and South Africa.

ASGN (NYSE: ASGN) has closed its acquisition of Blackstone Technology Group’s federal division for $85M in cash. ASGN said Monday it will integrate Arlington, Va.-based Blackstone Federal into ECS’ enterprise solutions group focused on providing digital platforms to federal civilian clients.

DynCorp International has completed the initial transitions for the U.S. Army’s Aviation Field Maintenance II East and West contracts successfully, the company announced on Monday. “We are very proud of our work to deliver readiness to the U.S. military and we are delighted to expand our support of Army aviation,” said George Krivo, CEO of DynCorp and two-time Wash100 Award recipient. 

Information technology companies Smartronix and Trident Technologies have received strategic investments from New York-based private equity firm OceanSound Partners.

BAE Systems’ U.S. subsidiary has agreed to acquire two businesses that are being divested in order for United Technologies Corp. (NYSE: UTX) and Raytheon (NYSE: RTN) to secure the required antitrust approval for their pending merger.

Engineering and technical services provider Qualis has purchased Bonham Technologies Inc., which offers support for aircraft and combat weapon systems, for an undisclosed amount. Both companies are headquartered in Huntsville, Ala.

Pacific Defense, which aims to develop non-kinetic systems for the military sector, has acquired open systems architecture developer Spectranetix for an undisclosed sum as part of portfolio expansion efforts.

Skyview Capital has purchased Fidelis Cybersecurity, an automated threat detection and response technology provider to the government and commercial sectors, for an undisclosed sum. "This transaction aligns well with our investment philosophy of targeting and investing in mission critical technology businesses across a wide spectrum of verticals, from telecommunications to cybersecurity," said Alex Soltani, chairman and CEO of Skyview Capital.

Whitney, Bradley & Brown, a portfolio company of private equity firm H.I.G. Capital, has completed its acquisition of Arlington, Va.-based Decisive Analytics Corp. for an undisclosed sum.