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Tag Archives: Acquisition

HPE Closes $275M Buy of Silicon Graphics International to Add High-Performance Computing Footprint

Hewlett Packard Enterprise (NYSE: HPE) has completed its acquisition of high-performance computing technology provider Silicon Graphics International for $275 million to add new data analytics technology and pursue HPC market growth. HPE said Tuesday the deal also brings new service offerings in addition to the product line as private and public sector …

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Tony Frazier: The Radiant Group Acquisition to Support Expansion of DigitalGlobe Services

TYSONS CORNER, VA, Oct. 31, 2016 —  Tony Frazier, senior vice president of government solutions at DigitalGlobe (NYSE: DGI), has said DigitalGlobe’s acquisition of geospatial information services contractor The Radiant Group serves to support the former’s services business expansion efforts, ExecutiveBiz reported Thursday. Frazier stated in a blog post published Wednesday that integrating …

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Harris, Capstone Vet Richard White Joins Space Systems Loral as US Govt Lead

Richard White, a 31-year veteran from Harris Corp. (NYSE: HRS) and former CEO of government services contractor Capstone Corp., has joined spacecraft system and satellite manufacturer Space Systems Loral to lead SSL’s U.S. government business as a senior vice president. Palo Alto, Calif.-based SSL said Thursday White will be based out of …

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October 24 Market Close: GovCon Index Lifts on Defense Prime Gains, Rockwell Collins Tumbles on Flat Guidance

Executive Mosaic’s GovCon Index held higher Monday with large prime contractors the top advancers to offset a large decline by Rockwell Collins (NYSE: COL) on flat revenue guidance for its current fiscal year as U.S. stocks advanced on deal activity and new earnings reports. GovCon Index gainers outnumbered laggers at a 5-to-1 …

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Tony Frazier: DigitalGlobe to Integrate Software Development Team Through Radiant Group Acquisition

TYSONS CORNER, VA, Oct. 20, 2016 — Tony Frazier, senior vice president of government solutions at DigitalGlobe (NYSE: DGI), has said the company’s planned $140 million acquisition of The Radiant Group serves to integrate the latter’s software development and engineering workforce, ExecutiveBiz reported Tuesday. National Defense Magazine reported Monday that Frazier noted the incoming team …

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DoD Certifies GPS III Ground Control System Program to Congress

TYSONS CORNER, VA, Oct. 18, 2016 — The Defense Department has cleared the U.S. Air Force and prime contractor Raytheon (NYSE: RTN) to proceed with the GPS III Operational Control System program following certification by Pentagon acquisition chief Frank Kendall, ExecutiveBiz reported Monday. DoD News reported Friday Kendall certified the program …

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Attain Buys ACF Solutions to Add Salesforce Offerings, Services

McLean, Virginia-based strategy consulting services contractor Attain has acquired cloud technology provider ACF Solutions in an effort to add new Salesforce knowledge and additional services to customers in the government, education and nonprofit sectors. Attain said Tuesday ACF will act as a subsidiary and be led by co-founder and President Kristin Sharpe, who will transition …

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Drone USA Acquires Howco Distributing to Add Facilities, Property; Michael Bannon Comments

New York City-based unmanned vehicle maker Drone USA has concluded its purchase of wholesale distribution company Howco Distributing Corp. for $3.5 million in cash, promissory notes and warrants. Drone USA said Tuesday it will have access to Howco’s facility leases and related intellectual property and establish connections with the latter company’s suppliers and vendors. Howco reported …

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CTC Affiliate Lands Subcontract for Acquisition Support to Air Force Materiel Command

TYSONS CORNER, VA, Aug. 23, 2016 — An affiliate of Concurrent Technologies Corp. will provide acquisition and technical support to Air Force Materiel Command headquarters under a $1.2 million subcontract from Dakota Consulting, ExecutiveBiz reported Monday. CTC said Friday Enterprise Ventures Corp. will also assist in the sustainment and aircraft research and development activities of AFMC’s directorate …

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Apollo Group, Constellis Executives to Buy Out Security Services Contractor

A group of investors including New York City-based Apollo Global Management (NYSE: APO) along with executive team members at Constellis Group have agreed to undertake a buyout of the global security services contractor for an undisclosed sum. Constellis Group said Friday it expects the transaction to close by the end of September and the …

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