Home / M&A Activity (page 160)

M&A Activity

FLIR Extends Cash Tender Offer as Part of ICx Purchase

FLIR Systems, Inc. (NASDAQ: FLIR) has opened a cash tender offer in a bid to buy all outstanding shares of common stock of ICx Technologies, Inc. (NASDAQ: ICXT). FLIR agreed to purchase ICx last month for $274 million. According to the firm, “upon the successful closing of the tender offer, …

Read More »

Lockheed Announces Partnerships

Lockheed Martin (NYSE: LMT) named additional companies to its team formed to bid for the U.S. Missile Defense Agency’s Ground-Based Midcourse Defense (GMD) Development and Sustainment Contract. The firm will team with Raytheon (NYSE: RTN) Missile Systems and partners Alaska Aerospace and NANA Development Corporation. “These companies form a best-of-industry …

Read More »

Breaking: CGI’s Acquisition of Stanley Finalized

CGI (NYSE: GIB) reports it has completed its planned acquisition of Stanley Associates (NYSE: SXE) for just under $1 billion. “For CGI, the merger with Stanley helps create additional scale in the U.S. federal market and expands the company’s position in the U.S. defense and intelligence markets, ” CGI’s vice …

Read More »

SAIC Wraps Up Reveal Imaging Acquisition, Joe Craver Comments

SAIC (NYSE: SAI) completed the announced acquisition of Reveal Imaging Technologies, Inc., a Massachusetts-based threat detection products and services company. Reveal is set to be merged with SAIC’s Security and Transportation Technology Business Unit, part of SAIC’s Infrastructure, Energy, Health and Product Solutions Group led by Joe Craver. “As one …

Read More »

Wyle to Make Forward Leap with Acquisition of CAS

Wyle has a deal in place to acquire CAS, Inc., currently a division of ITT Corporation (NYSE:ITT). According to Wyle, “CAS is a premier Huntsville-based provider of systems engineering and technical assistance services primarily to the U.S. Department of Defense. The combined entity will have pro forma 2009 revenues of …

Read More »

FLIR Systems to Purchase ICx

ICx Technologies (Nasdaq GM:ICXT) is set to be acquired by FLIR Systems (Nasdaq:FLIR) via a cash tender offer, followed by a merger with a subsidiary of FLIR, for a price of $7.55 per share in cash. According to the firm, “ICx’s Board of Directors has unanimously approved the merger agreement …

Read More »

Serco’s Mentorship Agreement with VETS Approved by Feds; Ed Casey Comments

Serco Inc’s Mentor-Protégé Agreement with Veterans Enterprise Technology Solutions, Inc. (VETS) has been approved by the Department of Homeland Security (DHS) Office of Small and Disadvantaged Business Utilization. “Serco and VETS’ commitment to a formal mentoring relationship will provide beneficial business development opportunities for both companies, and enhance the range …

Read More »

Lockheed, Raytheon Team Up for Missile Defense Deal

Lockheed Martin (NYSE: LMT) and Raytheon Company (NYSE: RTN) have teamed to work on the U.S. Missile Defense Agency’s Ground-Based Midcourse Defense (GMD) Development and Sustainment Contract. According to Lockheed, the firms will “develop, produce and sustain leading interceptor weapon systems for missile defense. As strategic partners for GMD Development …

Read More »

SAIC to Buy Reveal Imaging Technologies, Joe Craver Comments

SAIC (NYSE: SAI) will acquire Massachusetts-based Reveal Imaging Technologies, a firm specializing in threat-detection products and services. According to the firm, “Reveal was founded in 2002 in direct response to the U.S. government’s post-9/11 mandate for aviation security screening. Reveal initially focused on developing technology to accurately and efficiently screen …

Read More »

Sevatec Picks Up Cyber Steam with Interpics Acquisition

Sevatec, Inc., a technology and consulting firm moved to bolster its cybersecurity capabilities by purchasing Intrepics, LLC. “We are very excited about our first strategic acquisition, and welcoming the great folks of Intrepics to our organization, ” said President and CEO of Sevatec Sonny Kakar. “Intrepics has great cultural alignment …

Read More »