M&A Activity

Noblis has merged a wholly owned subsidiary, Noblis NSP, into the nonprofit science and technology organization in a move to consolidate service delivery efforts for law enforcement and intelligence agency clients. Ellen McCarthy, former president of Noblis NSP, will transition into the role of vice president of intelligence and analytics …

Alvarez & Marsal Capital has acquired a controlling interest in Rockville, Maryland-based health information technology systems provider CNSI for an undisclosed sum. Jack McCarthy, senior managing director and co-founder of A&M Capital, said in a statement published Wednesday CNSI’s proven results and technical leadership position the company for future growth …

KippsDeSanto & Co. said it believes General Dynamics’ (NYSE: GD) acquisition of CSRA shows the continued focus of government technology sector buyers on efforts to build up scale and expand next-generation information technology capabilities through mergers and acquisitions. General Dynamics’ IT business will realize approximately $10 billion in annual revenue following …

The U.S. Navy has initiated several measures to avoid any potential organizational conflict of interest that may emerge following the completion of General Dynamics’ (NYSE: GD) $9.7 billion acquisition of CSRA. The Naval Sea Systems Command said Tuesday it asked General Dynamics and CSRA to hand over to a third party …

Lanham, Maryland-based Orolia has agreed to purchase GPS and global navigation satellite system threat mitigation platforms provider Talen-X for an undisclosed sum. Orolia CEO Jean-Yves Courtois said in a statement published Tuesday the acquisition seeks to reinforce the company’s position as an assured positioning, navigation and timing technology platforms provider …

Curtiss-Wright (NYSE: CW) has closed its $212.5 million cash acquisition of the Dresser-Rand government business from Siemens in a move to expand aftermarket support for the U.S. Navy and footprint on the service branch’s nuclear ships. Dresser-Rand will mainly focus its sales efforts on the naval defense market and will now operate as part of …

General Dynamics (NYSE: GD) has concluded its approximately $9.7 billion acquisition of CSRA (NYSE: CSRA) in a push to establish a combined government information technology services contractor. CSRA will operate as part of General Dynamics’ IT business and will stop trading on the New York Stock Exchange as a result of …

On Assignment concurrently wrapped up its $775 million purchase of Fairfax, Virginia-based information technology services provider ECS Federal and adopted the name ASGN Inc. (NYSE: ASGN) to reflect the combined entity’s business. The companies first announced the transaction in January and ASGN said Monday ECS will continue its operations under the same brand …

CACI International (NYSE: CACI) has withdrawn its bid to purchase CSRA (NYSE: CSRA) for $44.00 per share in cash and stock, or approximately $7.2 billion. “We will continue our aggressive pursuit of strategic opportunities, judiciously and without engaging in auctions at uneconomic levels,” CACI CEO Ken Asbury said in a statement …

Thales has launched an all-cash offer to acquire all shares of Gemalto for approximately $63.2 per share plus dividend under a merger agreement announced in December 2017. “The publication of the offer document is the first major step of the proposed acquisition of Gemalto,” Patrice Caine, Thales chairman and CEO, …