Home / M&A Activity (page 50)

M&A Activity

Haskell to Purchase Leidos’ Heavy Construction Business, Design Assets

Jacksonville, Florida-based engineering and infrastructure services company Haskell has agreed to purchase Leidos‘ (NYSE: LDOS) heavy construction business and some design assets of the latter’s engineering business for an undisclosed sum. Haskell said Wednesday the transaction is scheduled to close in the second quarter of 2016 and will rebrand the Leidos Constructors and Leidos Engineering design asset businesses to Benham, the name …

Read More »

Tetra Tech Purchases IT Services Contractor Indus in Data Analytics Market Push

Pasadena, California-based engineering services contractor Tetra Tech (NASDAQ: TTEK) has purchased information technology services contractor Indus Corp. for an undisclosed sum in a push to expand footprints in markets such as data analytics and geospatial analysis. Vienna, Virginia-headquartered Indus has become a part of Tetra Tech’s water, environment and infrastructure business …

Read More »

Nikkei: NTT to Bid $3B for Dell’s IT Services Division

Japan-based telecommunications conglomerate Nippon Telegraph & Telephone (NYSE: NTT) is planning to make a $3.52 billion offer to acquire a Dell business unit that provides information technology services to government, education and healthcare agencies, Nikkei reported Tuesday. The report said NTT looks to purchase Dell’s Perot Systems business and other assets in the latter company’s IT services lines …

Read More »

Reuters: Military Truck Manufacturer Navistar Open to Partnerships

Troy Clarke, CEO of Navistar International (NYSE: NAV),  has indicated that the company could look to partner with other companies to boost sales of its military and commercial truck offerings, Reuters reported Wednesday. Nick Carey writes some analysts have said Navistar is a potential target for partnership or acquisition due to the size of …

Read More »

CACI’s UK Subsidiary Buys Purple Secure Systems; Greg Bradford Comments

CACI International’s (NYSE: CACI) U.K. subsidiary has completed its purchase of software and systems engineering services provider Purple Secure Systems for an undisclosed sum. “The acquisition adds significant growth to CACI Ltd.’s business and contributes to one of our strategic objectives to build a cybersecurity and defense business, ” Greg Bradford, …

Read More »

Richard Montoni: Maximus Buys Ascend for Public-Sector Health Services Push

Maximus (NYSE: MMS) has bought specialized healthcare assessment company Ascend for an undisclosed sum to expand its portfolio of health and human service offerings for the public sector. “This acquisition broadens our ability to help our government clients deal with the rising demand for long-term care services, ” Maximus CEO Richard Montoni said in a …

Read More »

KEYW to Sell Systems Engineering & Technical Assistance Unit to Quantech Services

KEYW Corp. (Nasdaq: KEYW) has agreed on a $12 million cash deal for the sale of its systems engineering and technical assistance business to Quantech Services. “As part of an ongoing strategic review of our business, we came to the conclusion that the growth potential of both KEYW’s core business …

Read More »

IBM to Buy Resilient Systems, Unveils X-Force Incident Response Services

IBM (NYSE: IBM) has announced plans to buy Massachusetts-based incident response platforms provider Resilient Systems for an undisclosed sum in an effort to boost its incident response and security operations. IBM said Monday it plans to integrate Resilient Systems’ incident response tool with its security platforms such as IBM X-Force Exchange …

Read More »

Albany International to Purchase Harris’ Aerostructures Business for $210M

Textiles and materials processing company Albany International (NYSE: AIN) has agreed to purchase the aerostructures business of Harris Corp. (NYSE:HRS) for $210 million, which includes a $187 million cash portion and a $23 million lease. Harris said Monday both companies expect to close the acquisition sometime between March and the early part of …

Read More »

General Atomics to Buy Ducommun’s Aerospace, Defense Tech Services Business

General Atomics has agreed to acquire aerospace and defense technical services business Miltec from electronics manufacturing company Ducommun for approximately $14.6 million cash. The transaction is subject to customary closing terms and is intended to increase General Atomics’ technical expertise in developing small satellites, hypersonic vehicles and similar platforms, General Atomics said …

Read More »