M&A Activity

AE Industrial Partners Buys Deep Space Systems; Peter Cannito Quoted

Peter Cannito

AE Industrial Partners has purchased space components and payloads provider Deep Space Systems for an undisclosed sum. AEI said Monday it will merge DSS with spacecraft components manufacturer Adcole Maryland Aerospace, which was acquired in March, to establish Redwire, a space technology platform that will focus on building mission-critical systems and electronics for next-generation space architecture.

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Xator Buys InCadence Strategic Solutions in Intell, C4ISR Market Push; David Scott Quoted

David Scott

Xator, a Reston, Va.-based technology services contractor, has finalized its acquisition of InCadence Strategic Solutions for an undisclosed sum as part of efforts to expand its presence as a provider of national security, intelligence and C4ISR platforms to U.S. government agencies.

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Leidos Closes $1B Purchase of L3Harris’ Security Detection, Automation Businesses; Roger Krone Quoted

Roger Krone

Leidos (NYSE: LDOS) has finalized its acquisition of security detection and automation businesses of L3Harris Technologies (NYSE: LHX) for approximately $1B in cash. Jim Moos, president of Leidos’ civil group, will oversee the acquired businesses, which operate with over 1,200 employees combined and provide automated tray return systems, airport screening products and other industrial automation platforms to customers in the government, critical infrastructure, transportation and aviation markets, Leidos said Monday.

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