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Tag Archives: M&A Activity

Jimmy Norcross, Mark Hugel, John Spadafore Take New Leadership Roles at CACI’s Navy Business

CACI International (NYSE: CACI) has made a series of leadership changes to support its expanding work with the U.S. Navy following its $84M acquisition of General Dynamics‘ (NYSE: GD) systems engineering and acquisition services business unit in August. Jimmy Norcross, formerly head of asset and supply chain division at CACI’s business systems, has been …

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AE Industrial Partners Buys Defense Engineering Services Firm Gryphon; David Rowe, P.J. Braden Quoted

AE Industrial Partners has purchased Washington, D.C.-based technical and defense engineering services contractor Gryphon Technologies for an undisclosed amount. The Boca Raton, Fla.-based private equity firm said Thursday it will integrate Gryphon with the government services subsidiary of its portfolio company CDI. Gryphon provides services across defense platforms and integration, marine engineering …

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Valiant Lands $140M Army National Guard Training Support Contract; James Jaska Quoted

Valiant Integrated Services has received a potential three-year, $140M contract to provide training support services for the Army National Guard. The company said Monday it will support the service’s readiness efforts through the delivery of live, virtual and constructive training platforms to troops and formations at more than 50 locations …

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ByteCubed Buys Creative Agency CHIEF in Gov’t IT Services Expansion Push; Lena Trudeau Quoted

Arlington, Va.-based technology firm ByteCubed has purchased Washington, D.C.-based creative agency CHIEF for an undisclosed sum as part of efforts to expand its information technology offerings to government and commercial clients. Lena Trudeau, newly appointed ByteCubed CEO, said in a statement published Tuesday the company will combine its technology with …

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L3 Closes Azimuth Security, Linchpin Labs Acquisition Deals

L3 Technologies (NYSE: LLL) has completed its acquisitions of Azimuth Security and Linchpin Labs nearly two months after announcing the two deals worth a combined $200M. Both information security providers will merge into a single business called L3 Trenchant, the New York City-based company said Friday. L3 — which generated $9.6B in …

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Speedcast Makes Government Satcom Market Push Through $135M Globecomm Buy

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 …

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Arlington Capital Acquires Black Box’s Government Arm to Form New Comms Tech Firm

Arlington Capital Partners has launched a new company, Tyto Athene, after the Washington-based investment firm completed its $75M cash purchase of Black Box’s (Nasdaq: BBOX) government solutions business. Tyto Athene will provide systems integration support and managed services for communications platforms of the Defense Department and civilian agencies, Arlington Capital …

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MAG Aerospace Adds Navy Work Through Ausley Purchase; Joe Fluet Quoted

MAG Aerospace has bought Lexington Park, Md.-based unmanned aviation system and program development services contractor Ausley Associates for an undisclosed sum in a move to expand work with the U.S. Navy. MAG said Friday it will absorb more than 200 logistics, program management and systems engineering professionals as part of the deal. Joe Fluet, MAG …

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Alion Completes MacB Purchase; Steve Schorer Quoted

Alion Science and Technology, a Veritas Capital portfolio company, has completed its acquisition of engineering and information technology services contractor MacAulay-Brown for an undisclosed amount. McLean, Va.-based Alion first announced the transaction early in August. Steve Schorer, Alion president and CEO and a 2018 Wash100 awardee, said in a statement released Wednesday the …

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CACI Closes $84M Buy of General Dynamics Business Unit; Ken Asbury, Jack London Quoted

CACI International (NYSE: CACI) has closed its purchase of CSRA’s former systems engineering and acquisition services business unit from General Dynamics (NYSE: GD) for $84M to expand support work for the U.S. Navy. Arlington, Va.-based CACI said Thursday it expects the acquisition to add approximately $150M to its revenue for fiscal 2019 and …

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