M&A Activity

Los Angeles-based imaging technology firm Hawkeye Systems has agreed to purchase camera tech provider Radiant Images in a move to develop and offer artificial intelligence-based image analysis platforms and video technologies to clients.

FLIR Systems (Nasdaq: FLIR) has purchased the intellectual property and tethered drone assets of Aria Insights for an undisclosed sum.

VT Group, a technology services provider to the defense sector, has purchased Delta Resources for an undisclosed amount in a move to expand fleet modernization offerings.

K2 Intelligence has signed a definitive agreement to acquire Financial Integrity Network for an undisclosed amount as both companies aim to create business risk and economic security service offerings.

By Light Professional IT Services has agreed to buy Cole Engineering Services, a developer of simulation-based training platforms for military use. Both companies expect to close the transaction by the fourth quarter, pending approval by Cole Engineering's shareholders and regulatory clearances, By Light said Thursday.

Mercury Systems (Nasdaq: MRCY) has finalized its acquisition of large area display technology developer American Panel Corp. for approximately $100M.

Orolia Defense and Security has wrapped up its purchase of Talen-X in a move to add complementary positioning, navigation and timing products.

The Committee on Foreign Investment in the U.S. has finalized its review of the proposed takeover offer for satellite communications firm Inmarsat by Bidco, an entity owned by a consortium of private equity firms and two Canada-based pension funds.

ST Engineering has acquired Glowlink Communications Technology through its iDirect Government subsidiary for approximately $25M.

Elbit Systems' (Nasdaq: ESLT) U.S. subsidiary has completed its purchase of a night vision business from L3Harris Technologies (NYSE: LHX) for approximately $350M in cash. First announced in April, the divestment was a regulatory requirement associated with the merger between L3 Technologies and Harris.