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Tag Archives: M&A Activity

PwC: Global Aerospace & Defense M&As Reached $15B in Q1 2018

A new PwC report says the value of global mergers and acquisitions in the aerospace and defense sector hit $15 billion in the first quarter of fiscal 2018, reflecting a 28 percent increase over the previous quarter and a 19 percent rise from the same period last year. PwC reported that global …

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KBR Closes Stinger Ghaffarian Technologies Buy; Stuart Bradie Comments

KBR (NYSE: KBR) has completed its purchase of Greenbelt, Maryland-based government technology and engineering services contractor Stinger Ghaffarian Technologies. Houston-based KBR said Wednesday it intends to retain most of SGT’s current structure and integrate the business into its government services arm KBRwyle. SGT offers technology platforms and services to NASA and other government …

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David West Named ECS Corporate Development VP; George Wilson Comments

David West, a federal strategy and merger and acquisition practitioner, joined information technology and engineering services contractor ECS on April 2 to serve as vice president of corporate development. West oversees the development and implementation of the firm’s growth strategies in his new role, ECS said Tuesday. “Dave brings a …

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Stu Shea: Peraton Buys SRI in Communications Portfolio Expansion Push

Herndon, Va.-based communications and technology services contractor Peraton has acquired communications infrastructure developer Strategic Resources International for an undisclosed sum. “The addition of SRI to the Peraton portfolio adds an important complement to our communications offerings through their extensive portfolio of telecommunications assets in the areas of mobile, [internet protocol] …

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KBR Buys Carillion’s Stake in Aspire Defence JV

KBR (NYSE: KBR) has assumed control of a joint venture with U.K.-based construction and facilities management provider Carillion after the latter announced insolvency in January. KBR said Thursday that it closed the acquisition of Carillion’s interest in their Aspire Defence joint venture without causing disruption to operations and delivery of services. Aspire Defence JV …

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Valiant Signs $135M Cash Deal to Buy Cubic’s Global Defense Services Business

Valiant Integrated Services has agreed to acquire Cubic’s (NYSE: CUB) global defense services business for approximately $135 million in cash in a push to expand its client base and broaden its technical platforms and service offerings in training and readiness markets. Valiant CEO James Jaska said in a statement published Thursday …

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Polaris Alpha Eyes Cyber Market Expansion With Fourth Dimension Buy

Polaris Alpha has purchased Columbia, Maryland-based Fourth Dimension Engineering for an undisclosed sum in a push to expand its footprint in the cybersecurity market. Fourth Dimension co-founders Tom Conrad and Faith Horowitz will join Polaris Alpha’s leadership team as a result of the transaction that officially closed Wednesday, April 11, Polaris …

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SOSi buys STG in cyber, analytics services expansion push

SOS International has purchased Reston, Virginia-based government information technology services contractor STG for an undisclosed sum in a move to broaden its contract and client base and expand its portfolio with the addition of cybersecurity, data analytics and software development capabilities in support of defense, diplomatic and intelligence agencies. SOSi …

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ECS eyes IT support task orders under $17.5B DISA Encore III IDIQ; George Wilson comments

ECS will compete for task orders to provide information technology platforms and services for the Defense Department, service branches and other federal agencies under the potential 10-year, $17.5 billion Encore III contract the Defense Information Systems Agency awarded in November 2017. The Encore III indefinite-delivery/indefinite-quantity contract covers 19 performance areas that include …

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General Dynamics adds former CSRA execs to combined organization’s leadership team

General Dynamics (NYSE: GD) has named five former CSRA executives to its information technology business’ leadership team after it completed its approximately $9.7 billion acquisition of the Falls Church, Virginia-based government IT services contractor early this month, the Washington Business Journal reported Monday. Amy Gilliland, a 2018 Wash100 recipient, serves …

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