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Tag: M&A Activity

Deep Water Point, Wolf Den Combination Creates ‘More Complete Set of Offerings’; Howard Seeger & Kimberly Pack QuotedExecutive Spotlights

Deep Water Point, Wolf Den Combination Creates ‘More Complete Set of Offerings’; Howard Seeger & Kimberly Pack Quoted

After the government contracting industry experienced a surge in mergers and acquisitions a few years ago, the market has cooled
DLH Acquires Federal IT Services Contractor GRSi; Zachary Parker QuotedM&A Activity

DLH Acquires Federal IT Services Contractor GRSi; Zachary Parker Quoted

DLH Holdings (Nasdaq: DLHC) has purchased Grove Resource Solutions Inc. for $185 million as part of efforts to expand its
SES Government Arm Rebrands as SES Space & Defense; David Fields QuotedNews

SES Government Arm Rebrands as SES Space & Defense; David Fields Quoted

The government-focused subsidiary of global satellite operator SES has changed its name to SES Space & Defense as part of
IBM Eyes Federal IT Support Expansion Through Octo Purchase; Baird Advises on Sell SideM&A Activity

IBM Eyes Federal IT Support Expansion Through Octo Purchase; Baird Advises on Sell Side

IBM (NYSE: IBM) has agreed to buy government technology services provider Octo from Arlington Capital Partners in a move to
IBM Acquires Octo in Baird-Advised DealM&A Activity

IBM Acquires Octo in Baird-Advised Deal

IBM has agreed to acquire information technology modernization and digital transformation services provider, Octo, from Arlington Capital Partners in a deal advised
Video Interview: V2X CEO Chuck Prow On Big Picture GovCon Trends & What’s Next for V2XNews

Video Interview: V2X CEO Chuck Prow On Big Picture GovCon Trends & What’s Next for V2X

When Vectrus and The Vertex Company completed their merger to form V2X in July, the enterprise’s projected pro forma revenue was
Cydecor Buys IT & Software Provider InnovaSystems; Nader Elguindi QuotedM&A Activity

Cydecor Buys IT & Software Provider InnovaSystems; Nader Elguindi Quoted

Cydecor has purchased InnovaSystems International for an undisclosed sum as part of efforts to expand its technical capabilities and client
John Mengucci: CACI Increases Investment in Independent R&D EffortsNews

John Mengucci: CACI Increases Investment in Independent R&D Efforts

John Mengucci, president and CEO of CACI International (NYSE: CACI), said the company is spending about $35 million annually on
SAIC Contracts Drove Up Q3 FY23 Revenue; Nazzic Keene on Capital Deployment Plans, ‘GTA’ Focus AreaFinancial Reports

SAIC Contracts Drove Up Q3 FY23 Revenue; Nazzic Keene on Capital Deployment Plans, ‘GTA’ Focus Area

Science Applications International Corp. (NYSE: SAIC) posted $1.91 billion in revenue for the third quarter of its 2023 fiscal year,
LMI Marks Space Market Entry With Synaptech Acquisition; Doug Wagoner QuotedM&A Activity

LMI Marks Space Market Entry With Synaptech Acquisition; Doug Wagoner Quoted

Tysons, Virginia-based management consultancy LMI has purchased Synaptech for an undisclosed sum as part of efforts to expand into the