M&A Activity

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

Harris (NYSE:HRS) has finalized its planned acquisition of CapRock Communications. According to Harris, “privately held CapRock was purchased for $525 million in cash, subject to post-closing adjustments. Private equity firm ABRY Partners was the majority owner of CapRock.  The firm’s CEO Peter Shaper will serve as president of the business, …

Boeing (NYSE: BA) has finalized its planned acquisition of Narus, “a provider of real-time network traffic and analytics software used to protect against cyber attacks and persistent threats aimed at large Internet Protocol networks.” Narus will operate within Boeing’s Network & Space Systems business as a wholly owned subsidiary. Terms …