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Tag Archives: M&A Activity

SAIC Closes $2.5B Engility Buy; Tony Moraco Quoted

Science Applications International Corp. (NYSE: SAIC) completed its $2.5B acquisition of Engility days after shareholders at both companies approved the merger deal at their respective meetings. SAIC said Monday the combined firm will continue to operate in Reston, Va., under the corporate name SAIC and leadership of CEO Tony Moraco. Moraco …

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SAIC, Engility Shareholders Approve $2.5B Merger Deal

Stockholders at Science Applications International Corp. (NYSE: SAIC) and Engility (NYSE: EGL) have approved at their respective meetings SAIC’s proposed $2.5B acquisition of the Chantilly, Va.-based engineering services contractor. Holders of more than 98 percent of shares in SAIC voted Friday to approve a proposal to issue shares of common …

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Textron Completes Howe & Howe Purchase; Lisa Atherton Quoted

Textron (NYSE: TXT) closed its acquisition of Waterboro, Maine-based robotic ground vehicle maker Howe & Howe Technologies on Dec. 17, Defense News reported Thursday. Textron announced its intent to buy Howe & Howe in October 2018 in a push to expand its autonomous technology offerings across land, air and maritime domains. Lisa Atherton, president and …

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Vector Acquires CrewSense to Add Scheduling Product in Public Sector Business

Online learning services company Vector Solutions has acquired CrewSense in a move to add shift scheduling and workforce management software offerings for government clients. Vector said Tuesday its public sector business will offer CrewSense’s scheduling platform under the TargetSolutions brand. CrewSense designed its software to support deskless workforce in public safety …

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KippsDeSanto Report: Aerospace, Defense M&A Momentum to Continue in 2019

Eighty percent of 222 dealmakers who responded to a KippsDeSanto & Co. survey expect merger-and-acquisition activity in the aerospace, defense and government services markets to increase this year or remain the same as last year. KippsDeSanto said Tuesday more than 60 percent of 2019 M&A Survey respondents were executive-level corporate or strategic buyers and …

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Woolpert Eyes Military Architecture Portfolio Expansion Through Waller, Todd & Sadler Buy

Woolpert has bought Virginia Beach, Va.-based Waller, Todd & Sadler Architects for an undisclosed sum in a move to expand architecture projects with military clients. Waller, Todd & Sadler has worked with armed forces, municipalities, commercial organizations and educational institutions in more than 2K projects to date, Woolpert said Tuesday. Scott Cattran, president and …

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Parsons Buys OGSystems to Add Geospatial Intell Expertise

Parsons has purchased Chantilly, Va.-based technology services contractor OGSystems for an undisclosed sum in a move to deepen expertise in geospatial intelligence and big data analytics. Chuck Harrington, chairman and CEO of Parsons, said in a statement released Monday the company’s strategy is focused on disruptive technology platforms built to …

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Kellstrom Defense Buys Military Aircraft Parts Maker WAM

Kellstrom Defense Aerospace has acquired Williams Aerospace and Manufacturing for an undisclosed sum in a push to address a demand for spare parts services in the global military aircraft operator community. KDA said Monday its engineered products operating segment will incorporate WAM’s manufacturing processes and the combined company expects to generate more than $160M in …

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TSC Adopts ‘ADS Federal’ Name Following Acquisition

Technical Services Corp. has purchased Virginia-based Accelerated Development & Support and rebranded as ADS Federal as a result of the acquisition. ADS Federal Angel Diaz said in a statement published Monday the combined firm will leverage ADS’ experience supporting the Department of Defense and identify critical requirements in support of clients’ missions. …

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Cloudera Closes Merger With Hortonworks; Tom Reilly Quoted

Cloudera (NYSE: CLDR) and Hortonworks have completed their merger to offer an enterprise data cloud platform designed to help organizations carry out data analytics and machine learning functions in hybrid and multicloud environments. Cloudera CEO Tom Reilly said in a statement published Thursday the combined entity will deliver a set of platforms to …

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