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Tag: divestiture

L3, Harris Target June 29 Closing Date for All-Stock Merger; Christopher Kubasik QuotedM&A Activity

L3, Harris Target June 29 Closing Date for All-Stock Merger; Christopher Kubasik Quoted

Harris (NYSE: HRS) and L3 Technologies (NYSE: LLL) set June 29, Saturday, as the closing date for their all-stock merger deal…
McAleese & Associates: L3, Harris to Spend 4% of Combined Sales on Independent R&DM&A Activity

McAleese & Associates: L3, Harris to Spend 4% of Combined Sales on Independent R&D

A McAleese & Associates report says the merged company of L3 Technologies (NYSE: LLL) and Harris (NYSE: HRS) would invest…
Triumph Group Refocuses Investment Strategy After Machining, Fabrication Business DivestituresM&A Activity

Triumph Group Refocuses Investment Strategy After Machining, Fabrication Business Divestitures

Arlington Capital Partners and NWI Holdings have respectively finalized their acquisitions of the fabrication and machining businesses from Triumph Group.
Baird’s Jean Stack: 2018 a Transformational Year for GovConM&A Activity

Baird’s Jean Stack: 2018 a Transformational Year for GovCon

Several top government contractors and industry experts attended Baird’s 2018 Government Services and Defense Conference. “2018 has been a transformational
Valiant Closes $135M Purchase of Cubic’s Global Defense Services Business; Bradley Feldmann CommentsM&A Activity

Valiant Closes $135M Purchase of Cubic’s Global Defense Services Business; Bradley Feldmann Comments

Valiant Integrated Services has wrapped up its approximately $135 million cash acquisition of Cubic’s (NYSE: CUB) global defense services business. Bradley
Eric DeMarco: Kratos Eyes Defense Business Focus With Public Safety & Security DivestitureM&A Activity

Eric DeMarco: Kratos Eyes Defense Business Focus With Public Safety & Security Divestiture

Kratos Defense and Security Solutions (Nasdaq: KTOS) has agreed to sell its public safety and security system integration business to Securitas
Harris to Sell Maritime Comm Business for $425M,  First Divestiture Since Jana PactM&A Activity

Harris to Sell Maritime Comm Business for $425M, First Divestiture Since Jana Pact

Harris Corp. (NYSE: HRS) has agreed to sell its maritime energy communications business to global satellite services company SpeedCast International for $425 million
Harris & Engility Top Wall Street’s Quarterly Earnings Forecasts,  KBR Reports 3Q Net LossFinancial Report

Harris & Engility Top Wall Street’s Quarterly Earnings Forecasts, KBR Reports 3Q Net Loss

Three GovCon Index-listed government contractors and one also included in the S&P 500 composite index posted quarterly financial results before
Reuters: Harris to Auction Some Parts of Critical Networks DivisionM&A Activity

Reuters: Harris to Auction Some Parts of Critical Networks Division

Harris Corp. (NYSE: HRS) has put some parts of its critical networks division up for sale in a transaction that could be
Haskell to Purchase Leidos’ Heavy Construction Business,  Design AssetsM&A Activity

Haskell to Purchase Leidos’ Heavy Construction Business, Design Assets

Jacksonville, Florida-based engineering and infrastructure services company Haskell has agreed to purchase Leidos‘ (NYSE: LDOS) heavy construction business and some design assets of