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M&A Activity

Parsons Completes SPARTA Purchase from Cobham for $350M

Parsons Corp. has completed its acquisition of Cobham plc.’s analytic solutions practice, known as SPARTA Inc.,  in a $350 million transaction. Parsons announced it will integrate SPARTA into its government services business unit, which provides technical services to the U.S. public sector. SPARTA helps deign, develop and sustain weapons systems …

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CH2M Hill Completes $200M Purchase of Global Consulting, Design, Construction Firm

CH2M Hill has completed its acquisition of U.K. global consulting, design, construction and operations firm Halcrow for just under $200 million. The company first announced its intent to purchase Halcrow in September. Upon completion of the acquisition process, both companies’ management teams will work to bring the businesses together. CH2M HILL Chairman …

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GovCon Wire’s October M&A Activity Recap: Active Tech Sector, One Big Spinoff

The technology sector was one to watch in October’s merger and acquisition landscape, and a dominant player in the government contracting industry completed a significant transformation. GovCon Wire recorded 10 acquisitions in October and the first week of November, up from the eight we covered in September. Acquisitions IBM (NYSE: IBM) looked …

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General Dynamics to Acquire Tank Manufacturer Force Protection for $360M

General Dynamics (NYSE: GD) has entered into an agreement to acquire Force Protection, a designer and manufacturer of blast- and mine-protected vehicles,  for approximately $360 million. Force Protection will become a part of General Dynamics’ land systems business unit. Force Protection also tests, delivers and supports those vehicles, includng the Abrams …

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PAE Acquires Former Lockheed, Day & Zimmermann Aircraft Services JV; Mike Dignam Comments

  PAE has completed its acquisition of Defense Support Services LLC, which was founded in 2004 as a joint venture between Lockheed Martin and Day & Zimmermann. DS2 provides military aircraft and vehicle maintenance, logistics and base support services. “We saw an opportunity to combine complementary service offerings, extend our …

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Tom Ferrando Sees Synergy in CRGT Purchase of Visualization, Geospatial App Firm Johnston McLamb

  CRGT Inc. has closed its purchase of  Johnston McLamb , a management services and IT consulting firm that develops and implements visual business intelligence solutions, data visualization and geospatial applications. Chantilly, Va.-based Johnston McLamb employs around 160 full-time professionals and its clients include the U.S. Postal Service and the departments of …

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ITT Corp. Completes Acquisition of Blakers Pump Engineers

ITT Corp. (NYSE: ITT) announced today that it has completed its acquisition of Blakers Pump Engineers, a long-time distributor of ITT’s Goulds Pumps brand in Australia, for an undisclosed amount. ITT said the move will lengthen its reach and capabilities in the Australian oil, gas and mining industries. Blakers supplies process …

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General Dynamics Closes Purchase of Norfolk Ship Repair Company

General Dynamics (NYSE: GD) has completed its acquisition of East Coast surface-ship repair company Metro Machine Corp., which provides support to the U.S. Navy fleet in Norfolk, Va. The amount of the cash transaction has not been disclosed. The company will be integrated into San Diego-based General Dynamics NASSCO, a prime contractor …

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Parsons to Acquire Cobham’s Analytic Solutions for $350M

Parsons Corp. has entered an agreement to buy Cobham Analytic Solutions, commonly known as Sparta Inc., and its subsidiaries for $350 million. Parsons will integrate the missile services provider into its engineering business, according to a Bloomberg report. The report noted that the purchase will be made on a cash and …

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Emerging Markets, Acquisitions to Drive New ITT Corp. Profits, CFO Says

Speaking during an investor presentation Oct. 13, ITT Corp. (NYSE: ITT) Chief Financial Officer Denise Ramos said product orders remain steady as the company prepares to split into three companies Oct. 31. “We’re not seeing challenges in our orders at this point, ” said Ramos according to a Reuters report. Ramos will become …

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