Tag Archives: Jefferies

KBR (NYSE: KBR) has agreed to acquire Chantilly, Va.-based technology services contractor Centauri from Arlington Capital Partners for approximately $800M in cash as part of efforts to strengthen its intelligence and military space businesses and expand its portfolio of defense modernization and cybersecurity offerings.

CACI International (NYSE: CACI) has purchased Ascent Vision Technologies for an undisclosed sum as part of efforts to expand capabilities in counter-unmanned aircraft systems and multidomain intelligence, surveillance and reconnaissance areas.

Comtech Telecommunications (Nasdaq: CMTL) has agreed to buy Gilat Satellite Networks (Nasdaq: GILT) for $10.25 per share or approximately $532.5M in cash and stock. “The acquisition better positions Comtech to take advantage of key marketplace trends, particularly the growing demand for satellite connectivity and the enormous long-term opportunity set that is emerging in the secure wireless communications market,” said Fred Kornberg, board chairman and CEO of Comtech.

Leidos (NYSE: LDOS) has agreed to acquire Huntsville, Ala.-based technology services contractor Dynetics for approximately $1.65B in cash to further build up its position in the intelligence, civil and defense markets. "The addition of Dynetics will significantly increase our capabilities for rapid prototyping and agile system integration and production, enhancing our overall offerings and services to customers," said Roger Krone, chairman and CEO of Leidos and a 2019 Wash100 winner.

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.

Guidehouse, a Veritas Capital portfolio company, has agreed to buy Navigant Consulting (NYSE: NCI) for approximately $1.1B in a move to create a global consultancy that will serve both the public and private sectors. Shareholders in Navigant will get a cash payment of $28 per share, a 16 percent premium over the Chicago-based company's Thursday closing stock price, Guidehouse said Friday.

Parsons has submitted to the Securities and Exchange Commission a registration statement for its planned initial public offering. The company said Friday it plans to trade on the New York Stock Exchange using the ticker symbol “PSN” and details about the price range and number of shares to be put …

The Carlyle Group (Nasdaq: CG) has agreed to purchase StandardAero from Veritas Capital for an undisclosed sum. The Washington, D.C.-based private equity firm said Tuesday it expects to close the deal by the end of the first quarter of calendar year 2019, pending regulatory approvals and other customary closing conditions. …

Satellite communications company Speedcast International has agreed to purchase Hauppauge, N.Y.-based Globecomm Systems from affiliates of Tennenbaum Capital Partners and HPS Investment Partners for approximately $135M to expand footprint across the government, enterprise and maritime sectors. Australia-based Speedcast said Monday it expects the transaction to conclude in the fourth quarter of …

Chris Raymond, vice president and general manager of autonomous systems at Boeing’s (NYSE: BA) defense, space and security business, will lead the integration of Embraer’s engineering operations and products with those of the Chicago-based company, the Puget Sound Business Journal reported Saturday. Greg Smith, Boeing’s chief financial officer, announced Raymond’s appointment …