Peraton has reorganized its operations into four business sectors, created three new executive positions and added five new members to the company's executive leadership team. The realignment comes after Peraton's private equity owner Veritas Capital acquired the information technology and mission support business from Northrop Grumman (NYSE: NOC).
Read More »HII’s UniversalPegasus Subsidiary Acquired by PMC Capital; Andy Green Quoted
Private equity firm PMC Capital Partners has acquired Houston-based UniversalPegasus International, an engineering design and project management services provider to the energy sector, from Huntington Ingalls Industries (NYSE: HII) for an undisclosed sum. UniversalPegasus became part of HII in June 2014.
Read More »Scott Forney: General Atomics Seeks Space Tech Portfolio Growth With Tiger Innovations Buy
General Atomics has acquired Tiger Innovations, a developer of software and computing hardware for space systems or support equipment, for an undisclosed sum.
Read More »IntelliBridge Buys Alethix for Gov’t Tech Support Expansion Push
IntelliBridge, a portfolio company of Enlightenment Capital, has acquired technology services provider Alethix for an undisclosed sum as part of efforts to grow customer base and footprint across digital government programs.
Read More »McKean Closes Buy of Systems Monitoring Tech Firm Mikros; Joseph Carlini Quoted
McKean Defense Group has wrapped up its purchase of Mikros Systems for approximately $4.6 million, or $0.13 per share, through a cash transaction first announced in November.
Read More »Carlyle Forms Two Six Technologies Via IST Research-Two Six Labs Merger; Joe Logue Named CEO
An affiliate of global investment firm The Carlyle Group (Nasdaq: CG) has acquired and combined Two Six Labs and IST Research to establish a technology platforms provider, Two Six Technologies, to the Department of Defense, Intelligence Community and other U.S. national security clients. Joe Logue, formerly an executive vice president at Booz Allen Hamilton (NYSE: BAH), will serve as CEO of the combined entity.
Read More »Eaton Strikes $2.83B Deal for Cobham Mission Systems
Power management company Eaton (NYSE: ETN) has agreed to buy air-to-air refueling systems manufacturer Cobham Mission Systems for approximately $2.83 billion, including $130 million in tax benefits. The acquisition is expected to be completed in the second half of 2021, subject to customary closing conditions.
Read More »TPG to Buy Majority Stake in Privileged Access Mgmt Tech Provider Centrify
Global alternative asset firm TPG has agreed to purchase a majority stake in Centrify from Thoma Bravo for an undisclosed sum in a move to help Centrify expand its presence in the privileged access management and identity security market. Art Gilliland, formerly head of Symantec Enterprise, will succeed Flint Brenton as CEO of Centrify as part of the transaction.
Read More »DXC Receives Acquisition Bid From French IT Firm Atos
France-based information technology services provider Atos SE has made an unsolicited bid to acquire Tysons, Virginia-based IT company DXC Technology (NYSE: DXC). DXC was formed out of the merger between Computer Sciences Corp. and the enterprise services business of Hewlett Packard Enterprise (NYSE: HPE) in 2017 and helped form Perspecta (NYSE: PRSP) in 2018 via a three-way deal with Vencore and KeyPoint Government Solutions.
Read More »Axiologic Solutions Buys Knowledge Link to Expand Intell Services; Tom Stauber Quoted
Axiologic Solutions, a federal information technology services contractor, has purchased intelligence services firm Knowledge Link for an undisclosed sum as part of efforts to expand its capabilities in support of missions of national security customers.
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