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Tag Archives: M&A Activity

Mercury Eyes Mission Computing Portfolio Expansion Via Richland Technologies Purchase

Mercury Systems (Nasdaq: MRCY) has purchased Duluth, Georgia-based Richland Technologies for an undisclosed sum in a move to grow processing subsystems offerings for aerospace and defense clients. Mercury said Wednesday it plans to keep RTL’s presence in Duluth and that the transaction complements its purchase of Switzerland-based military and aerospace …

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NTA Buys V1 Analytical Solutions to Expand Intell, Info Services

Arlington, Virginia-based technical services provider National Technologies Associates has bought V1 Analytical Solutions for an undisclosed sum to add new intelligence analysis, operations support and specialized training services for defense customers. V1 President Ralph Cacci will join NTA as vice president of the V1 business unit and V1 board member Eric Olson, …

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HIG Capital Inks $283M Cash Deal for NCI; Paul Dillahay Comments

Global private equity firm H.I.G. Capital has agreed to acquire Reston, Virginia-based government information technology services provider NCI (Nasdaq: NCIT) for approximately $283 cash, or $20 per share. NCI said Monday its board of directors unanimously approved the proposed sale and that founder and Chairman Charles Narang will tender all of …

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Leonardo DRS Completes $150M Daylight Solutions Buy

Leonardo DRS has wrapped up its acquisition of quantum cascade laser platforms manufacturer Daylight Solutions for approximately $150 million. The transaction received regulatory approvals and clearance from Daylight Solutions’ stockholders, Leonardo said Monday. Leonardo DRS agreed to purchase 100 percent equity stake in Daylight Solutions in March in a move …

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Boeing’s Caryn Nightengale Named Liquid Robotics CFO; Gary Gysin Comments

Caryn Nightengale, formerly director of corporate development at Boeing’s (NYSE: BA) defense, space and security segment, has joined Sunnyvale, California-based unmanned maritime systems maker Liquid Robotics as chief financial officer. She will report to Gary Gysin, Liquid Robotics’ president and CEO, and oversee financial management, contracts, information technology and global trade …

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Level 3 Vet Edward Morche to Serve as CenturyLink President of Strategic Enterprise, Federal and State Gov

Edward Morche, a 16-year Level 3 Communications (NYSE: LVLT) veteran, will serve as president of strategic enterprise, federal government and state government business unit at CenturyLink (NYSE: CTL) once the Monroe, Louisiana-based telecommunications firm completes its pending $34 billion acquisition of Level 3. Erich Sanchack continues to lead the federal government group. Morche will …

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Antonio Neri Promoted to HPE President; Meg Whitman Comments

Antonio Neri, executive vice president and general manager of enterprise group at Hewlett Packard Enterprise (NYSE: HPE), has been promoted to president at the Palo Alto, California-based technology company. Neri will oversee HPE’s four primary business lines and the company’s HPE Next efforts that aim to streamline operations, seek new …

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PAE Closes FCi Purchase in Govt Mission Support Push; John Heller Comments

PAE has wrapped up its acquisition of Ashburn, Virginia-based professional services contractor FCi Federal for an undisclosed sum, a move that CEO John Heller says will expand PAE’s information and process management support offerings to the government sector. “As a combined team, we look forward to continuing the exceptional services that FCi’s customers have come …

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Accenture Eyes Federal Cloud Portfolio Expansion Through Phase One Purchase

Accenture (NYSE: ACN) has agreed to purchase Alexandria, Virginia-based Phase One Consulting Group for an undisclosed sum in a move to expand the global management consulting and professional services contractor’s Salesforce (NYSE: CRM) capabilities and cloud platforms for U.S. federal agencies. Accenture said Wednesday it will integrate Phase One into the Accenture Federal …

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Level 3’s Jeff Storey to Succeed Glen Post as CenturyLink CEO in 2019

Jeff Storey, president and CEO of Broomfield, Colorado-based Level 3 Communications (NYSE: LVLT), will serve as president, chief operating officer and board member at CenturyLink (NYSE: CTL) once the Monroe, Louisiana-based telecommunications firm completes its planned $34 billion acquisition of Level 3. Storey will succeed CenturyLink CEO Glen Post, who will …

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