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M&A Activity

Mission Essential Acquires IMT Corp for C4ISR Market Push

Herndon, Virginia-based military and intelligence services contractor Mission Essential has purchased systems integration and software engineering company Information Management Technology Corp. for an undisclosed sum to grow communications-related work with the Defense Department. Mission Essential said Thursday that IMT will operate as a subsidiary under the new ownership and also add technical support and sustainment service offerings …

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David DiGiacomo: ECN Makes Unified Critical Comms Market Push Through MIR3 Purchase

Emergency Communications Network has purchased San Diego-based notification systems and response software provider MIR3 for an undisclosed sum in an effort to address customer demand for software communications platforms. David DiGiacomo, president and CEO of ECN, said in a statement released Monday the purchase will help ECN expand its footprint …

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Belcan Targets IT Security Market With Intercom Consulting & Federal Systems Buy

Belcan, a portfolio company of private investment firm AE Industrial Partners, has purchased Intercom Consulting & Federal Systems for an undisclosed sum in a push to help address customer demand for information technology security platforms and services. Belcan CEO Lance Kwasniewski said in a statement released Wednesday the purchase aims to help expand Belcan’s efforts to …

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Dynamis Buys DGI’s Emergency & Security Mgmt Solutions Unit for IT Market Push

Dynamis has purchased Defense Group Inc.’s Emergency & Security Management Solutions subsidiary for an undisclosed sum in an effort to expand the delivery of technology platforms to federal government and industry clients both in the U.S. and overseas. The deal also includes the acquisition of the COBRA security and emergency …

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Centerra Buys TDI in Humanitarian Demining Market Push; Paul Donahue Comments

Centerra Group has purchased battle area and landmine clearance provider The Development Initiative for an undisclosed sum as part of Centerra’s global expansion efforts and plan to re-enter the humanitarian mine clearance services market. TDI will operate as a Centerra Group subsidiary through its headquarters in Zimbabwe, Centerra said Friday. Paul Donahue, president …

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Leanne Caret: Boeing Considers ‘Bolt-On’ Acquisitions in Services Sector

An official with Boeing (NYSE: BA) said the company plans to make smaller bolt-on acquisitions in the services sector in an effort to increase revenue of the firm’s defense, space and security business, Bloomberg reported Monday. Leanne Caret, CEO of Boeing’s defense, space and security business, said Boeing plans to …

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Magellan Health Acquires Armed Forces Services Corp. in Federal, Military Market Push

Scottsdale, Arizona-based healthcare management company Magellan Health has closed a deal of an undisclosed sum to acquire Armed Forces Services Corp., a behavioral health and specialty services provider for federal government agencies and the U.S. military. Magellan said Tuesday it will further detail the strategy and impact of the acquisition in an earnings call on July …

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SES to Buy Remaining O3b Networks Stake for $730M

Luxembourg-based communications satellite operator SES has exercised a call option to acquire the remaining 50.9 percent stake in Channel Islands-based satellite broadband services provider O3b Networks through an estimated $730 million deal with other O3b shareholders. SES said Monday it will use money the company raised during a recent equity financing event to fund the transaction and …

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KBR Unveils Rebranded Wyle as $570M Acquisition Closes

KBR (NYSE: KBR) has closed the $570 million purchase of government engineering and technical services contractor Wyle, which will operate under the name of KBRwyle within the parent company’s government services segment. KBR CEO Stuart Bradie said Tuesday the company expects government services revenue to total $2 billion per year post-acquisition and have …

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Raytheon, Thales Restructure JV to Focus on NATO C2, Missile Defense Systems

Raytheon (NYSE: RTN) and Thales Group have agreed to restructure their joint venture ThalesRaytheonSystems in order to focus on the delivery of ballistic and theater missile defense platforms as well as aerial command-and-control systems to NATO member countries and related agencies. Thales received approximately $90 million in cash payment from Raytheon as …

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