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M&A Activity

CAE Eyes Training Systems Integration Capability Expansion With AOCE Buy; Ray Duquette Comments

CAE’s (NYSE: CAE) U.S. arm has purchased Alpha-Omega Change Engineering for about $29 million as part of efforts to expand work in U.S. security programs and build up its capabilities in training systems integration. “AOCE brings existing contracts as well as past performance in unmanned systems, aircrew training and courseware …

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IAI Acquires DGS in Federal Cyber Market Push

Chantilly, Va.-based technology services contractor Integrity Applications Inc. has acquired Falls Church, Va.-based Dependable Global Solutions for an undisclosed sum in a push to grow federal customer base across the cybersecurity and counterintelligence markets. The deal comes nearly six months after investment firm Arlington Capital Partners bought IAI. Arlington Capital said Tuesday DGS Chief Strategy Officer Joel …

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Mercury Acquires Germane to Expand Rugged Server, C2I Portfolio

Mercury Systems (Nasdaq: MRCY) has acquired Germane Systems for approximately $45 million cash in a move to grow the former’s portfolio of rugged servers and command, control and information processing technologies. The purchase price is subject to working capital and debt adjustments and Mercury financed the transaction with funds from a revolving …

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WSP to Buy Louis Berger for $400M; Alexandre L’Heureux, Jim Stamatis Comment

Canada-based WSP Global has agreed to acquire Louis Berger for approximately $400 million in an effort to expand its footprint in continental Europe and leverage the Morristown, N.J.-based professional services firm’s expertise in water, transportation, environment and master planning. Alexandre L’Heureux, WSP president and CEO, said in a statement published Monday …

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Hitachi Vantara Eyes Portfolio Expansion With REAN Cloud Buy; David Turner, Brian Householder Comment

Hitachi Vantara has agreed to purchase REAN Cloud for an undisclosed sum in a move to expand its portfolio of cloud and managed services offerings designed to help clients expedite their digital transformation efforts across multicloud environments. Hitachi Vantara said Tuesday it expects the acquisition to wrap up later this year …

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Greg Hayes: UTC Targets Q3 2018 for Rockwell Collins Deal Completion

Greg Hayes, CEO of United Technologies Corp. (NYSE: UTX), has said the company is “on track” with the regulatory clearance process and in the final phase of completion with regard to its pending $30 billion acquisition of Rockwell Collins (NYSE: COL), The Gazette reported Tuesday. “We expect the transaction to close here …

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Mike Twyman: Cubic Acquires Shield Aviation’s Assets in C4ISR Portfolio Expansion Push

Cubic (NYSE: CUB) has completed the acquisition of Shield Aviation’s assets through its ISR Systems subsidiary in an effort to broaden its command, control, communications, computers, intelligence, surveillance and reconnaissance platforms. Cubic said Tuesday it expects the transaction to help expand its mission solutions business’ C4ISR tech portfolio for expeditionary …

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Report: Engility In Talks With CACI, SAIC Over Potential Sale

Engility (NYSE: EGL) is reportedly in talks with defense contractors such as Science Applications International Corp. (NYSE: SAIC) and CACI International (NYSE: CACI) as it considers putting itself up for sale, Reuters reported Thursday. Sources told Reuters that discussions are still in the early stages and may not result in a transaction. …

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L3 to Buy Cyber Firms Linchpin Labs, Azimuth Security for $200M; Christopher Kubasik Comments

L3 Technologies (NYSE: LLL) has agreed to purchase information security firms Linchpin Labs and Azimuth Security for approximately $200 million combined in a push to develop synergies for future growth and build up its cyber, surveillance and intelligence collection capabilities. L3 said Wednesday the acquired companies will operate as L3 …

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Report: EchoStar Calls for Talks With Inmarsat Board Over $3.2B Takeover Offer

Colorado-based EchoStar (Nasdaq: SATS) called on Inmarsat to initiate discussions with shareholders about its $3.2 billion takeover offer and that it would pursue the bid if given a deadline extension, Reuters reported Friday. EchoStar has until Friday, July 6, to decide whether to present a firm offer for Inmarsat or drop the …

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