Search Results for: Arlington Capital

LookingGlass to Acquire QinetiQ’s Cyveillance Threat Intell Business for $35M

LookingGlass Cyber Solutions has agreed to acquire online monitoring and threat intelligence business Cyveillance from British defense technology contractor QinetiQ Group for approximately $35 million in cash. Chris Coleman, CEO of LookingGlass, said Friday his company aims to build a comprehensive intelligence-based platform for security professionals to manage business risks and threats. Arlington, Virginia-based …

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L-3 Agrees on $550M Gov’t Services Segment Sale to CACI

New York City-based defense contractor L-3 Communications (NYSE: LLL) has agreed to sell its government services business segment to Arlington, Virginia-headquartered public sector services company CACI International (NYSE: CACI) for $550 million cash, the companies said Tuesday. The companies expect the transaction to close by March 2016 pending regulatory approvals and CACI said in investor slides …

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American Systems Buys EM Business Holdings; Peter Smith Comments

American Systems has completed its acquisition of EM Business Holdings, which will add more than 150 professionals to the former’s workforce in support of efforts to expand its footprint in several business areas. American Systems said Tuesday EMBH will become part of its human capital and managed services group under Vice President …

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Phacil Adds Mehdi Cherqaoui, Bill Grabner, Mark Milleker, Andrew Cheney to Leadership Roles

Mehdi Cherqaoui, formerly vice president and corporate controller at PAE, has joined Phacil as senior vice president and chief financial officer. Phacil said Monday that Cherqaoui previously held financial management positions at URS Corp. (NYSE: URS), Apptis, KPMG and PwC. The Arlington, Virginia-based contractor also named William Grabner SVP of …

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PAE Signs Deal to Buy A-T Solutions in Nat’l Security Growth Push; John Heller Comments

Arlington, Va.-based infrastructure and logistics services contractor PAE has agreed to purchase counterterrorism services provider A‑T Solutions from owners CI Capital and CoVant for an undisclosed sum. PAE said Thursday it expects to close the transaction, which is subject to regulatory approvals,  by the end of May and intends to build up its …

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Cloud Tech Firm Opower Goes Public to Raise $116M

Cloud energy management software provider Opower raised $115.9 million in its initial public offering Friday on the New York Stock Exchange, the Washington Post reported Friday. Steven Overly writes that Arlington, Va.-based Opower’s shares climed 21 percent to $23 on the company’s first day of trading. Goldman Sachs and Morgan Stanley …

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General Dynamics to Acquire Vangent Inc. for $960M Cash; CEO Jay Johson Comments

General Dynamics (NYSE: GD) has definitively agreed to acquire the parent company of healthcare IT firm Vangent, Inc. for approximately $960 million in cash. General Dynamics expects the move to increase its earnings in 2012. Arlington, Va.-based Vangent employs 7, 500 workers and specializes in health informatics and information exchange, electronic health …

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Vangent Inc. Reportedly For Sale

Vangent Inc. has hired Bank of America Merrill Lynch and Goldman Sachs Group to pursue a sale of the company, according to a June 2 Reuters report. The process has reportedly drawn interest from both private-equity firms and other companies doing business in the government contracting sector. Private-equity firm Veritas …

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BAE, L-3, Boeing, GD and ITT Pen Army Contracts

According to the Department of Defense, “BAE Systems was awarded a $37, 403, 500 firm-fixed-price contract for 181 improved cab protection cabs and 181 applique kits for the High Mobility Artillery Rocket System.  Work is to be performed in Sealy, Texas, with an estimated completion date of July 31, 2011.  …

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