M&A Activity

NTT Data Services to Buy NETE in Federal Health Digital Services Expansion Push; Tim Conway Quoted

NTT Data Services has agreed to acquire McLean, Va.-based information technology and digital services contractor NETE for an undisclosed sum in an effort to broaden its digital transformation capabilities in the federal health care space.

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Leidos Strikes $1.65B Cash Deal for Dynetics; Roger Krone Quoted

Leidos (NYSE: LDOS) has agreed to acquire Huntsville, Ala.-based technology services contractor Dynetics for approximately $1.65B in cash to further build up its position in the intelligence, civil and defense markets. "The addition of Dynetics will significantly increase our capabilities for rapid prototyping and agile system integration and production, enhancing our overall offerings and services to customers," said Roger Krone, chairman and CEO of Leidos and a 2019 Wash100 winner.

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