M&A Activity

Guidehouse, a management consultancy backed by Veritas Capital, has closed its purchase of Navigant Consulting to broaden work in both the government and commercial sectors. "Together we will serve our clients with distinction around the world, helping them address their most difficult challenges," said Scott McIntyre, CEO of Guidehouse and a 2019 Wash100 awardee.

Stockholders at Raytheon (NYSE: RTN) and United Technologies Corp. (NYSE: UTX) approved at their respective meetings the companies’ agreement to merge in an all-stock transaction and create a technology provider that will be known as Raytheon Technologies.

A consortium led by private-equity firms Warburg Pincus and Apax Partners is close to finalizing the purchase of global satellite communications company Inmarsat for approximately $3.4B after U.K. regulators found that the deal would not hurt competition or impact national security, Bloomberg reported Wednesday.

VMware (NYSE: VMW) has wrapped up its acquisition of cybersecurity firm Carbon Black and will launch a security business unit as a result of the transaction.

QinetiQ has agreed to buy Lorton, Va.-based sensor provider Manufacturing Techniques for approximately $105M in a push to establish a global defense and security company. The deal, which is subject to legal and regulatory approvals, involves an additional $20M in cash and stock payments contingent on financial performance over a three-year period, QinetiQ said Wednesday.

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.