Category: M&A Activity

Ultra Electronics, Sparton Call Off MergerM&A Activity

Ultra Electronics, Sparton Call Off Merger

Schaumburg, Illinois-based military electronics manufacturer Sparton (NYSE: SPA) and U.K.-based defense contractor Ultra Electronics have decided to abandon their $234 million merger
Verscend Acquires General Dynamics’ Healthcare Payment IT SuiteM&A Activity

Verscend Acquires General Dynamics’ Healthcare Payment IT Suite

Verscend Technologies has acquired payer-focused healthcare information technology platforms of General Dynamics (NYSE: GD) for an undisclosed amount. Waltham, Massachusetts-based Verscend said
L3 Acquires Minority Stake in Peak Nano Optics; Christopher Kubasik CommentsM&A Activity

L3 Acquires Minority Stake in Peak Nano Optics; Christopher Kubasik Comments

L3 Technologies (NYSE: LLL) has purchased a minority stake in nanotechnology developer Peak Nano Optics for an undisclosed amount. Dallas, Texas-based Peak Nano
By Light Makes Intell Community Expansion Push Through Axom MergerM&A Activity

By Light Makes Intell Community Expansion Push Through Axom Merger

By Light Professional IT Services has agreed to merge with internal service provider Axom Technologies in a push to expand
Eric DeMarco: Kratos Eyes Defense Business Focus With Public Safety & Security DivestitureM&A Activity

Eric DeMarco: Kratos Eyes Defense Business Focus With Public Safety & Security Divestiture

Kratos Defense and Security Solutions (Nasdaq: KTOS) has agreed to sell its public safety and security system integration business to Securitas
David Young: Level 3 Purchase Equips CenturyLink to Further Serve Federal ClientsM&A Activity

David Young: Level 3 Purchase Equips CenturyLink to Further Serve Federal Clients

  David Young, regional vice president of strategic government at CenturyLink (NYSE: CTL), has said he believes the company’s purchase
KBR to Buy Stinger Ghaffarian Technologies in Govt Service Expansion PushM&A Activity

KBR to Buy Stinger Ghaffarian Technologies in Govt Service Expansion Push

KBR (NYSE: KBR) has agreed to acquire Greenbelt, Maryland-based government technology services contractor Stinger Ghaffarian Technologies for an undisclosed sum
Patriot Defense Adds to Military Services Portfolio With Innovative Logistics BuyM&A Activity

Patriot Defense Adds to Military Services Portfolio With Innovative Logistics Buy

Orlando, Florida-based Patriot Defense Group has acquired Innovative Logistics for an undisclosed sum to bolster mission critical service offerings for
Cubic Buys Image Processing Tech Maker MotionDSP; Mike Twyman CommentsM&A Activity

Cubic Buys Image Processing Tech Maker MotionDSP; Mike Twyman Comments

Cubic (NYSE: CUB) has acquired Burlingame, California-based software company MotionDSP in a move to add image processing technology offerings to the San Diego-based
Jason Aiken: General Dynamics Seeks to Compete in ‘Consolidating’ Govt IT Services MarketM&A Activity

Jason Aiken: General Dynamics Seeks to Compete in ‘Consolidating’ Govt IT Services Market

Jason Aiken, CFO of General Dynamics (NYSE: GD), has said the acquisition of CSRA (NYSE: CSRA) will help the Falls Church, Virginia-based aerospace