M&A Activity

Tammer Olibah, Michael Maples: Hexagon Acquisition Adds to Analytics, Geospatial Tech Offerings for Federal Sector

Hexagon’s federal business executives said they expect the pending acquisition of Thermopylae Sciences and Technology, a geospatial software vendor based in Arlington, Va., to help drive the adoption of location intelligence and five-dimensional analytics platforms within the unit’s customer base. Visualization products built by Thermopylae use the Google technology stack …

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FLIR Finalizes Endeavor Robotics Purchase; James Cannon Quoted

FLIR Systems (Nasdaq: FLIR) completed its acquisition of Endeavor Robotics from Arlington Capital Partners in a $382 million cash deal. Endeavor, formerly iRobot Defense and Security, will now operate as part of the unmanned systems and integrated solutions division of FLIR’s government and defense business unit, FLIR said Monday. James …

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Comcast Buys AI-Based Cyber Tech Developer BluVector

Comcast (Nasdaq: CMCSA) has purchased Arlington, Va.-based cybersecurity firm BluVector for an undisclosed sum. BluVector develops and provides platforms based on artificial intelligence and machine learning designed to help government agencies and companies detect and address zero-day malware, ransomware and other cyber threats, Comcast said Friday. Eric Malawer, a more …

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Nintex Adds Robotic Process Automation Platform With EnableSoft Buy

Workflow management software company Nintex has acquired EnableSoft for an undisclosed amount in a push to help clients automate and manage business processes with the latter company’s robotic process automation technology. Nintex said Monday it wants to offer the Foxtrot RPA platform across industries and the government. Foxtrot is designed …

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ManTech Signs $115M Cash Deal for Kforce Government Solutions; Kevin Phillips Quoted

ManTech International (Nasdaq: MANT) has agreed to buy Kforce Government Solutions for $115M in cash in a move to broaden its federal civilian and health footprint, particularly within the Department of Veterans Affairs. ManTech said Friday it expects the transaction to conclude this month, subject to regulatory approvals and other customary …

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CACI Closes LGS Acquisition; Ken Asbury Quoted

CACI International (NYSE: CACI) has finalized its acquisition of LGS Innovations from CoVant Management and Madison Dearborn Partners. Ken Asbury, CACI president and CEO and a 2019 Wash100 winner, said in a statement published Friday the transaction marks the company’s next step in a strategy to broaden its cyber, electronic warfare …

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Kratos Buys Majority Stake in Turbine Engine Maker FTT, Forms New Business Unit

Kratos Defense and Security Solutions (Nasdaq: KTOS) has acquired a controlling interest in Florida Turbine Technologies for $60M in cash and stock and formed a new business unit as a result of the transaction. FTT will operate as part of the newly created Kratos Turbine Technologies division, which will focus on the …

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Tyler Technologies Closes MicroPact Acquisition; Lynn Moore Quoted

Plano, Texas-based public sector software provider Tyler Technologies has finalized its acquisition of MicroPact from Arlington Capital Partners. Lynn Moore, president and CEO of Tyler, said in a statement published Thursday the deal aligns with the company’s long-term strategy to build up its current offerings with the addition of complementary …

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Embraer Shareholders OK Partnership With Boeing

Shareholders of Embraer on Tuesday approved the company’s proposed strategic partnership with Boeing (NYSE: BA) during a meeting held in Brazil. Boeing said Tuesday shareholders owning 67 percent of Embraer’s outstanding shares participated in the meeting with 96.8 percent voted to approve the transaction. Embraer stockholders cleared the proposal to develop new markets for the KC-390 military …

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HII Completes Fulcrum Acquisition

Huntington Ingalls Industries (NYSE: HII) has finalized its acquisition of Centreville, Va.-based Fulcrum IT Services as part of efforts to broaden predictive threat analytics and situational awareness offerings. HII said Monday Fulcrum will run as part of its technical solutions division and will bring capabilities in cybersecurity, engineering, software development, …

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