M&A Activity

Cybersecurity services provider ShorePoint has acquired Chantilly, Va.-based information security and data analytics company Cyberyllium for an undisclosed sum to grow offerings and engagements in the government sector.

CGI (NYSE: GIB) has agreed to acquire Reston, Va.-based information technology and management consulting firm TeraThink for an undisclosed sum as part of efforts to expand its enterprise application services for federal government clients. The transaction is expected to be finalized by the end of March and will allow CGI Federal to build up its consulting capabilities and incorporate TeraThink’s data analytics, application development and agile enablement capabilities into its IT offerings portfolio, CGI said Wednesday.

American Holoptics, a Koucar Management affiliate, has agreed to acquire L3Harris Technologies’ (NYSE: LHX) EOTech business for an undisclosed sum. The acquisition is expected to be finalized by mid-2020, subject to customary closing conditions, the companies said in a joint release published Tuesday.

Ultra Defense Corp. has wrapped up its purchase of ammunition supplier MAST Technology for an undisclosed sum in a move to add defense system manufacturing capabilities.

Freedom Consulting Group has acquired St. Louis-based Geodata IT for an undisclosed sum as part of efforts to expand its core capabilities and presence in the geographic information system market.

Private equity firm Growth Catalyst Partners and Peter Goldstone, former CEO of real estate media firm Hanley Wood, have teamed up to acquire a significant stake in Atlantic Media’s Government Executive Media Group and establish a data-driven platform focused on serving federal, local and state government contractors and executives.

Small satellite manufacturing and launch services provider Rocket Lab has agreed to acquire Toronto-based satellite hardware maker Sinclair Interplanetary for an undisclosed sum. Long Beach, Calif.-based Rocket Lab said Monday it seeks to provide Sinclair access to manufacturing and technology platforms and incorporate the latter company's products into the Photon spacecraft line.

Science Applications International Corp. (NYSE: SAIC) on Friday finalized its purchase of Unisys’ (NYSE: UIS) federal arm for approximately $1.2B in cash as part of efforts to expand the delivery of digital transformation support to the U.S. government.

The European Commission approved United Technologies Corp.’s (NYSE: UTX) planned $121B merger with Raytheon (NYSE: RTN), Reuters reported Friday.

The required waiting period for Science Applications International Corp.’s (NYSE: SAIC) proposed acquisition of the federal arm of Unisys (NYSE: UIS) under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 expired Thursday, March 12, the companies said in a joint release published Friday.