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M&A Activity

Ultra Electronics Agrees to Purchase Sparton

U.K.-based defense and aerospace equipment manufacturer Ultra Electronics has agreed to acquire Schaumburg, Illinois-based electromechanical technology provider Sparton  (NYSE: SPA). Sparton said Friday the transaction is valued at $23.50 per share and that it expects to complete the sale by Jan. 1, 2018. Joseph Hartnett, interim president and CEO of Sparton, said the deal …

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Mercury Eyes Mission Computing Portfolio Expansion Via Richland Technologies Purchase

Mercury Systems (Nasdaq: MRCY) has purchased Duluth, Georgia-based Richland Technologies for an undisclosed sum in a move to grow processing subsystems offerings for aerospace and defense clients. Mercury said Wednesday it plans to keep RTL’s presence in Duluth and that the transaction complements its purchase of Switzerland-based military and aerospace …

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Larry Prior: CSRA Targets Federal IT Modernization Projects as NES Buy Closes

CSRA (NYSE: CSRA) has closed its acquisition of NES Associates in a push to help government clients accelerate adoption of new information technology platforms for their digital transformation efforts. CSRA President and CEO Larry Prior first announced the deal at the company’s 2017 fiscal-year earnings call held May 24. Prior, an inductee …

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NTA Buys V1 Analytical Solutions to Expand Intell, Info Services

Arlington, Virginia-based technical services provider National Technologies Associates has bought V1 Analytical Solutions for an undisclosed sum to add new intelligence analysis, operations support and specialized training services for defense customers. V1 President Ralph Cacci will join NTA as vice president of the V1 business unit and V1 board member Eric Olson, …

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HIG Capital Inks $283M Cash Deal for NCI; Paul Dillahay Comments

Global private equity firm H.I.G. Capital has agreed to acquire Reston, Virginia-based government information technology services provider NCI (Nasdaq: NCIT) for approximately $283 cash, or $20 per share. NCI said Monday its board of directors unanimously approved the proposed sale and that founder and Chairman Charles Narang will tender all of …

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Leonardo DRS Completes $150M Daylight Solutions Buy

Leonardo DRS has wrapped up its acquisition of quantum cascade laser platforms manufacturer Daylight Solutions for approximately $150 million. The transaction received regulatory approvals and clearance from Daylight Solutions’ stockholders, Leonardo said Monday. Leonardo DRS agreed to purchase 100 percent equity stake in Daylight Solutions in March in a move …

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HDS Federal, Brocade Agree on Transfer of Some Contracts, Assets; David Turner Comments

Hitachi Data Systems‘ federal business has entered into a definitive agreement to accept the transfer and control of some of Brocade Communications Systems‘ (Nasdaq: BRCD) federal service maintenance contracts and other cleared assets. HDS Federal said Tuesday it will gain Brocade’s portfolio of U.S. federal data center networking, campus/edge networking and storage area …

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PAE Closes FCi Purchase in Govt Mission Support Push; John Heller Comments

PAE has wrapped up its acquisition of Ashburn, Virginia-based professional services contractor FCi Federal for an undisclosed sum, a move that CEO John Heller says will expand PAE’s information and process management support offerings to the government sector. “As a combined team, we look forward to continuing the exceptional services that FCi’s customers have come …

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Valiant Buys ABM Industries’ Public Sector Arm in Govt Mission Support Expansion Push

Valiant Integrated Services has bought the government services subsidiary of ABM Industries in a push to grow service offerings, operations and sales in the public sector market. The ABM Government Services business will change its name to Valiant Government Services and offer mission support, linguistics, critical infrastructure, healthcare facility and healthcare construction management services, Valiant said Wednesday. …

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Accenture Eyes Federal Cloud Portfolio Expansion Through Phase One Purchase

Accenture (NYSE: ACN) has agreed to purchase Alexandria, Virginia-based Phase One Consulting Group for an undisclosed sum in a move to expand the global management consulting and professional services contractor’s Salesforce (NYSE: CRM) capabilities and cloud platforms for U.S. federal agencies. Accenture said Wednesday it will integrate Phase One into the Accenture Federal …

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