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M&A Activity

SRA Finalizes Airport Solutions Group Sale to ITT

SRA International (NYSE: SRX) has completed the sale of its Airport Operations Solutions (AOS) group to ITT (NYSE: ITT). Aviation Systems Vice President Bill Colligan will move with the group to ITT. Financial terms of the deal were not disclosed.

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SAIC Makes Investment in Language Technologies

SAIC (NYSE: SAI) has purchased technology, intellectual property and related assets from AppTek Partners, LLC; Applications Technology, Inc.; and MediaMind, LLC: all firms that focus on human language technologies. According to the firm, “SAIC will acquire a complete suite of products for text and speech (voice) processing, including machine translation, …

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SRA Closes Loop on Platinum Solutions Acquisition

SRA (NYSE: SRX) has finalized its planned acquisition of Platinum Solutions. Platinum Solutions is a privately held systems integrator and software development firm. For more coverage of SRA’s purchase of Platinum, click here.

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Juniper Buys Trapeze; Boosts WLAN Offerings

Juniper Networks (NYSE: JNPR) has a deal in place to acquire Trapeze Networks from Belden Inc. (NYSE: BDC) for $152 million. Trapzez focuses on enterprise wireless local area network (WLAN) systems and management software. As a result of the move, Juniper has increased its WLAN infrastructure offerings as it continues …

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Northrop Grumman Devises New Student Evaluation Technology; Catherine Kuenzel Comments

Northrop Grumman (NYSE:NOC) will partner alongside Educational Testing Service (ETS) to include ETS Formative Assessment Item Banks in Northrop Grumman’s Horizon Assessment System. The product is designed to lend teachers an improved technology solution for student evaluation. “The demonstrated expertise of Educational Testing Service will strengthen the Horizon educational assessment …

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Abraxas Sold to Cubic for $124 Million; Hollis Helms Rides Off into Sunset

Cubic Corporation has a deal in place to acquire Abraxas at a price of $124 million. Virginia-based Abraxas specializes in “risk mitigation and subject matter and operational expertise for national security, law enforcement and homeland security clients.” Abraxas will lend almost 300 operational and technical professionals to Cubic’s Mission Support …

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Boeing Boosts Military Logistics Offerings with CDM Technologies Purchase

Boeing (NYSE: BA) has a deal in place to purchase CDM Technologies, in an effort to grow the firm’s logistics command and control offerings. CDM is a software engineering company focused on “real-time transportation and logistics planning systems for the U.S. military.” Terms of the transaction were not disclosed. “CDM …

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Bob Brammer, Northrop Grumman Reach for ‘M.O.R.E. POWER’

Northrop Grumman (NYSE: NOC) has partnered with Montana-based Rocky Mountain Supercomputing Centers (RMSC) to form the Maximizing and Optimizing Renewable Energy (M.O.R.E.) POWER initiative, a program combining the supercomputing abilities of RMSC with the site selection tool belonging to Northrop Grumman to help find out which wind and solar farms …

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Mac Curtis, Vangent Take on the Role of Mentor

Vangent has agreed to team with Customer Value Partners, Inc. (CVP) under the DHS Mentor-Protégé program. According to Vangent, “the partnership will enable collaboration between the two companies to enhance CVP’s competitiveness, independence and development, and to strengthen Vangent’s offerings.” This marks Vangent first time working with the mentorship program. …

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Raytheon Buys TCS to Boost Cybersecurity Portfolio

Raytheon (NYSE: RTN) has purchased cybersecurity firm Trusted Computer Solutions (TCS). TCS becomes the seventh acquisition Raytheon has executed in an effort to enhance the firm’s cybersecurity offering since 2007. Terms of the deal were not disclosed. “Raytheon is committed to delivering the industry’s most comprehensive portfolio of products, solutions …

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