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M&A Activity

SRA Moves to Buy Platinum Solutions for $90M; CEO Stan Sloane Comments

SRA International (NYSE: SRX) has a deal in place to purchase Platinum Solutions, Inc., a company specializing in systems integration and collaborative solutions for the federal government. The reported price tag for the firm is $90 million. “Platinum Solutions is a great fit for SRA, ” said SRA President and …

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That’s a Wrap: ManTech Finalizes Purchase of QinetiQ’s S&IS Unit; Bill Varner Comments

ManTech (NASDAQ: MANT) has finalized the planned acquisition of QinetiQ North America’s Security and Intelligence Solutions (S&IS) business for $60 million. The Virginia-based S&IS works to provide integrated security solutions to the Department of Defense and the Intelligence Community. S&IS has a successful business record, including a prime position on …

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M&A Heat Wave Rolls on as CRGT Acquires Johnston McLamb; CEO Tom Ferrando Comments

CRGT Inc has purchased Johnston McLamb, a technology management services firm focusing on visual business intelligence, data visualization and geospatial application development. The move will allow CRGT to enhance its services portfolio. “We’re tremendously excited to be enhancing CRGT’s large-scale government systems integration and operations capabilities with JM’s complementary expertise …

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CSC Buys Vulnerability Research Labs to Boost Cyber Biz; VP Sam Visner Comments

CSC (NYSE: CSC) has purchased Vulnerability Research Labs (VRL), a privately held cyber-threat intelligence firm. Terms of the deal were not disclosed. According to the firm, “the acquisition enables CSC to enhance its cybersecurity support to public and commercial enterprises around the world by strengthening its ability to develop unique …

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Done Deal: Zytel Becomes GTEC Cyber Solutions; John Hillen Comments

Global Defense Technology & Systems, Inc. (NASDAQ: GTEC) has completed the acquisition of Zytel Corporation (Zytel) for $26.8 million. Zytel will be rebranded GTEC Cyber Solutions and will focus on cybersecurity and mission systems in support of intelligence, counterterrorism, and cyber-warfare missions. “This business combination fulfills a key element of …

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