M&A Activity

Harris Corp. (NYSE: HRS) has agreed to sell its maritime energy communications business to global satellite services company SpeedCast International for $425 million in the military radio maker’s first divestiture since its August agreement with activist hedge fund Jana Partners. This move is part of Harris’ larger effort to examine non-core businesses and …

Hewlett Packard Enterprise (NYSE: HPE) has completed its acquisition of high-performance computing technology provider Silicon Graphics International for $275 million to add new data analytics technology and pursue HPC market growth. HPE said Tuesday the deal also brings new service offerings in addition to the product line as private and public sector …

Differing acquisition strategies among government services contractors and defense primes became a main discussion topic analysts raised in earnings calls Thursday morning with three GovCon companies that stated financial results. L-3 Communications (NYSE: LLL) hinted it could make more acquisitions this year with three announced already so far, while CACI International (NYSE: CACI) and Raytheon (NYSE: RTN) all signaled …

Cognosante has purchased Business Information Technology Solutions for an undisclosed sum in a push to expand the former’s presence in the public health information technology sector. BITS will operate as a subsidiary and Founder and CEO Dan McQuay will continue to lead the business under the new ownership,  Cognosante said Thursday. McLean, …

Satellite imagery vendor DigitalGlobe (NYSE: DGI) has acquired data sciences services company Timbr in a continued push to expand cloud-based offerings and create new analytics techniques to manage large volumes of information, DigitalGlobe CEO Jeffrey Tarr told investors Tuesday. This deal comes nearly two weeks after Westminster, Colo.-based DigitalGlobe announced its $140 million …

Preferred Systems Solutions has purchased Reston, Virginia-based software development services provider Synaptic Solutions for an undisclosed sum in a strategy to expand the former’s contract base and business network in the U.S. intelligence and national security communities. Josh Cury and Derrick Henley,  co-founders and owners of Synaptic Solutions, will join …

Satellite imagery provider DigitalGlobe (NYSE: DGI) has agreed to purchase Chantilly, Virginia-based geospatial information services contractor The Radiant Group for $140 million in an effort to diversify revenue and add new offerings and staff to support the U.S. intelligence and special operations community. DigitalGlobe said Tuesday it expects to close the transaction subject to …

AECOM (NYSE: ACM) has purchased the remaining 50 percent equity interest in its Calgary, Alberta-based FT Services joint venture in a push to grow the oil and gas business, expand lifecycle service offerings and diversify end-market exposure. FT Services was formed through a partnership of AECOM’s Flint Energy Services subsidiary and Broadspectrum that provides turnaround …

L-3 Communications (NYSE: LLL) has agreed to purchase the explosive trace detection business assets of Implant Sciences for $117.5 million cash in a push to expand the former’s portfolio of security and detection platforms. L-3 said Monday it will assume specified liabilities under the asset purchase agreement with Implant Sciences and will integrate …

Accenture (NYSE: ACN) has agreed to buy Alexandria, Virginia-based cybersecurity company Defense Point Security for an undisclosed amount in a strategy to expand the global consulting firm’s cyber defense platforms and services for federal agencies. Accenture said Wednesday DPS will operate as a subsidiary within the firm’s Accenture Federal Services organization. AFS CEO David Moskovitz said …