M&A Activity

NICE (Nasdaq: NICE) has secured a potential 10-year, $137M contract to help the Federal Aviation Administration implement a software platform to manage transportation incident data and investigations. The company said Thursday it will update FAA's debriefing platforms at 770 agency facilities worldwide.

Converged Security Solutions has acquired Maverick Cyber Defense for an undisclosed sum in an effort to expand its end-to-end security platforms.

Cubic (NYSE: CUB) has purchased a 20 percent stake in commercial technology firm Pixia for $50M in a push to expand the portfolio of offerings of its mission solutions business.

Deltek has agreed to acquire field management software provider ComputerEase for an undisclosed sum in an effort to expand its footprint in the construction industry.

Broadcom (Nasdaq: AVGO) has agreed to acquire Symantec's (Nasdaq: SYMC) enterprise security assets for approximately $10.7B in cash. The transaction includes the acquisition of the Symantec name and is expected to conclude before the end of calendar year 2019, subject to regulatory approvals and other customary closing conditions, Symantec said Thursday.

ManTech International (Nasdaq: MANT) has acquired analysis services provider H2M Group for an undisclosed sum in a move to expand work with the geospatial and intelligence communities. H2M will operate under the mission, cyber and intelligence solutions business led by Rick Wagner, a 2019 Wash100 Award recipient.

New York-based regulatory and risk management services provider Exiger has acquired McLean, Va.-based intelligence and security services contractor Convergent Solutions for an undisclosed amount to expand presence in the federal market.

Nashville, Tenn.-based staffing and recruiting firm Vaco has acquired MorganFranklin Consulting for an undisclosed sum in an effort to establish a $750M professional services provider focused on providing end-to-end executive placement, staffing and consulting services to clients across all industries.

Leidos (NYSE: LDOS) has agreed to buy IMX Medical Management Services, a consulting firm that offers independent medical evaluation, case management and record review services to state and local government agencies. Terms of the deal were not disclosed and Leidos said Wednesday it expects to close the transaction in the third quarter, pending customary approvals.

Acorn Growth Companies has acquired a majority stake in Robbins-Gioia, a management consulting firm that aims to help public and private sector customers modernize systems. "We see this partnership with Acorn as a key driver in the achievement of our vision to be the leader in delivering modernization and transformation for the federal government and similarly complex enterprises," said Brad King, CEO of Robbins-Gioia.