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M&A Activity

Spaceflight Industries Buys OpenWhere in Satellite Imaging Market Push

Seattle, Washington-based space technology and services provider Spaceflight Industries has bought Herndon, Virginia-based geospatial analytics company OpenWhere for an undisclosed sum as part of efforts to accelerate the deployment of Spaceflight’s BlackSky satellite imaging platform. Spaceflight said Tuesday it aims to build a constellation of up to 60 satellites through 2020 to provide near-real-time images of the planet …

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ManTech Buys Oceans Edge’s Cyber Business; Bill Varner Comments

ManTech International (Nasdaq: MANT) has bought the cyber business of Reston, Virginia-based wireless technology and engineering services company Oceans Edge for an undisclosed cash amount. The deal adds a suite of vulnerability research, development and analysis tools to ManTech’s cyber intelligence portfolio and seeks to include U.S. Cyber Command in the client base …

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Symantec to Buy Web Security Firm Blue Coat for $4.65B; Dan Schulman Comments

Symantec (Nasdaq: SYMC) has agreed to purchase Sunnyvale, California-based security and network technology provider Blue Coat Inc. for approximately $4.65 billion cash in an effort to help protect government and enterprise customers from cybersecurity threats. Greg Clark, CEO of Blue Coat, will take the helm at Symantec as CEO as well as …

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Drone USA to Buy West Coast Machine Parts Supplier Through Cash-and-Stock Deal

New York-based Drone USA has signed a letter of intent to buy an unidentified West Coast-based supplier of machine parts, spares and replacement tools to the defense and commercial sectors through a cash-and-stock transaction of an undisclosed sum. Drone USA CEO Michael Bannon said Thursday he expects the transaction to …

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Reports: Airbus to Shed 23.6% Dassault Aviation Stake

Global aerospace and defense contractor Airbus Group will sell its 23.6 percent stake in Dassault Aviation and use money from the stock sales for “general corporate purposes, ” the Wall Street Journal reported Thursday. Robert Wall writes Airbus aims to shed 9.05 percent of its total ownership in Dassault through an accelerated bookbuild process and sell another 5.5 …

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Doug Davis: Intel to Buy Computer Vision Algorithms Provider Itseez

Intel (Nasdaq: INTC) has agreed to purchase Itseez, a developer of computer vision, machine learning and pattern recognition algorithms. Doug Davis, senior vice president and general manager of the Internet of Things group at Intel, wrote in a blog post published Thursday that Itseez will join Intel’s IoT group to develop …

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TransDigm to Purchase Aircraft Component Maker Data Device Corp for $1B

Cleveland-based aircraft component maker TransDigm (NYSE: TDG) has agreed to purchase databus and power control system manufacturer Data Device Corp. and its parent company ILC Holdings from Behrman Capital for approximately $1 billion in a push to add new products for military, space and commercial customers. Transdigm said Wednesday it expects to close the transaction that is subject to …

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Mike Lawrie: CSC Has ‘All Options’ on Table for HPE’s US Public Sector Arm Post-Merger

Computer Sciences Corp. (NYSE: CSC) CEO Mike Lawrie told investors Tuesday the company will consider an undefined range of options regarding Hewlett-Packard Enterprise‘s (NYSE: HPE)’s U.S. public sector business in conjunction with CSC’s merger into HPE’s enterprise services segment. Tysons, Virginia-based CSC is subject to a two-year non-compete agreement in the federal government field …

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FedData Buys Intelligent Decisions’ Intelligence Businesses

Federal Data Systems has purchased two Maryland-based counterintelligence and intelligence business units from public sector services contractor Intelligent Decisions for an undisclosed sum in an effort to expand threat insider and critical infrastructure support services for commercial and government organizations. “This acquisition launches our platform of companies and extends FedData’s reach into the …

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KBR CEO Stuart Bradie: Wyle Purchase Adds US Govt R&D Contracts as Complement to Overseas Work

KBR‘s (NYSE: KBR) move to purchase U.S. government engineering and technical services contractor Wyle Laboratories for $570 million aims to add a pipeline of domestic research-and-development services to federal agencies as a complement to work carried out overseas, KBR CEO Stuart Bradie told investors Monday. Bradie said a majority of KBR’s government …

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