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Tag: M&A Activity

Trowbridge Buys IntelliWare to Grow National Security Market Footprint

Information technology services provider Trowbridge & Trowbridge has acquired Fredericksburg,Va-.based IntelliWare Systems for an undisclosed amount in a move to expand the…
Leidos Signs $1B Cash Deal to Buy L3Harris Security Detection, Automation Businesses; Roger Krone QuotedM&A Activity

Leidos Signs $1B Cash Deal to Buy L3Harris Security Detection, Automation Businesses; Roger Krone Quoted

Leidos (NYSE: LDOS) has agreed to buy the security detection and automation businesses of L3Harris Technologies (NYSE: LHX) for $1B in…
HII Strikes $350M Deal for Kongsberg Maritime’s Hydroid Subsidiary; Mike Petters QuotedM&A Activity

HII Strikes $350M Deal for Kongsberg Maritime’s Hydroid Subsidiary; Mike Petters Quoted

Huntington Ingalls Industries (NYSE: HII) has agreed to acquire Pocasset, Mass.-based marine robotics provider Hydroid from Kongsberg Maritime for approximately $350M…
Private Equity Firms Close $2.4B Purchase of AECOM’s Management Services Arm; Michael Burke QuotedM&A Activity

Private Equity Firms Close $2.4B Purchase of AECOM’s Management Services Arm; Michael Burke Quoted

Affiliates of private equity firms Lindsay Goldberg and American Securities have completed the acquisition of AECOM’s (NYSE: ACM) management services business for $2.4B. “We are pleased…
Dynetics Awarded $93M USAF IDIQ to Support Weapon Simulator ModernizationContract Awards

Dynetics Awarded $93M USAF IDIQ to Support Weapon Simulator Modernization

Dynetics — now officially part of Leidos (NYSE: LDOS) — has secured a potential five-year, $93M contract to help the U.S. Air…
Leidos Closes $1.65B Dynetics Purchase; Roger Krone QuotedM&A Activity

Leidos Closes $1.65B Dynetics Purchase; Roger Krone Quoted

Leidos (NYSE: LDOS) finalized its purchase of Huntsville, Ala.-based technology services contractor Dynetics for approximately $1.65B in cash a month after…
Accenture to Buy Sierra-Cedar’s Three Practices to Expand Offerings for Higher Education, Gov’t Clients; Ryan Gaetz QuotedM&A Activity

Accenture to Buy Sierra-Cedar’s Three Practices to Expand Offerings for Higher Education, Gov’t Clients; Ryan Gaetz Quoted

Accenture (NYSE: ACN) has agreed to acquire Sierra-Cedar’s Workday, U.S. Mulesoft and Salesforce practices for an undisclosed sum in a push to…
PwC: Aerospace, Defense M&A Deal Value Hit $93.8B in 2019Financial Reports

PwC: Aerospace, Defense M&A Deal Value Hit $93.8B in 2019

A new PwC report says the value of mergers and acquisitions in the aerospace and defense sector worldwide reached $93.8B in 2019,…
Arvind Krishna to Succeed Ginni Rometty as IBM CEO; Jim Whitehurst Named PresidentExecutive Moves

Arvind Krishna to Succeed Ginni Rometty as IBM CEO; Jim Whitehurst Named President

Arvind Krishna, senior vice president for cloud and cognitive software at IBM (NYSE: IBM), has been elected to serve as…
Raytheon Buys Vista’s Share of Forcepoint for $588MM&A Activity

Raytheon Buys Vista’s Share of Forcepoint for $588M

Raytheon (NYSE: RTN) paid $588M to acquire Vista Equity Partners' minority interest in their cybersecurity joint venture Forcepoint during the fourth…