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Tag Archives: M&A Activity

Joe Mertens: Sirius Computer Solutions Targets Federal Network Security Market With Force 3 Buy

Sirius Computer Solutions has agreed to purchase Crofton, Maryland-based security firm Force 3 for an undisclosed sum to expand Sirius’ portfolio of computer networking and security offerings for the federal sector. Joe Mertens, president and CEO of Sirius, said Thursday the companies also seek to access new government technology contract vehicles. “We …

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KKR to Purchase Airbus’ Defense Electronics Business for $1.24B

New York City-based private equity firm Kohlberg Kravis Roberts & Co. L.P. (NYSE: KKR) has agreed to acquire the defense electronics business of global aerospace and defense contractor Airbus Group for approximately $1.24 billion. Airbus said Friday the transaction is scheduled to close in the first quarter of 2017 and that it may control a …

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Former DTRA Chief Ken Myers Joins PAE as National Security Solutions Unit President; John Heller Comments

Ken Myers, former director of the Defense Threat Reduction Agency, has joined Arlington, Va.-based government logistics service contractor PAE as president of the company’s national security solutions business unit. PAE said Monday Myers will oversee the NSS unit that PAE created in 2015 from its January 2015 acquisition of the former USIS global security and solutions business …

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Weekly Roundup Mar. 14 – Mar. 18 2016: Tetra Tech Makes Wave in Water Data Analytics M&A Move & more

Mar. 14 – Mar. 18 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson A Vienna, Virginia-based contractor that has been among the most prominent small businesses in federal contracting has started a new path in its two-decade journey from humble beginnings. Indus Corp., …

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Patrice Caine: Thales Closes $424M Buy of Vormetric in Cyber Market Push

Thales Group has closed its acquisition of San Jose, California-based data protection technology vendor Vormetric after the French conglomerate obtained regulatory clearance for the estimated $424 million transaction. Patrice Caine, CEO of Thales, said in a statement issued Thursday the company will integrate Vormetric into its e-Security business in a push to help organizations secure …

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Haskell to Purchase Leidos’ Heavy Construction Business, Design Assets

Jacksonville, Florida-based engineering and infrastructure services company Haskell has agreed to purchase Leidos‘ (NYSE: LDOS) heavy construction business and some design assets of the latter’s engineering business for an undisclosed sum. Haskell said Wednesday the transaction is scheduled to close in the second quarter of 2016 and will rebrand the Leidos Constructors and Leidos Engineering design asset businesses to Benham, the name …

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Tetra Tech Purchases IT Services Contractor Indus in Data Analytics Market Push

Pasadena, California-based engineering services contractor Tetra Tech (NASDAQ: TTEK) has purchased information technology services contractor Indus Corp. for an undisclosed sum in a push to expand footprints in markets such as data analytics and geospatial analysis. Vienna, Virginia-headquartered Indus has become a part of Tetra Tech’s water, environment and infrastructure business …

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Nikkei: NTT to Bid $3B for Dell’s IT Services Division

Japan-based telecommunications conglomerate Nippon Telegraph & Telephone (NYSE: NTT) is planning to make a $3.52 billion offer to acquire a Dell business unit that provides information technology services to government, education and healthcare agencies, Nikkei reported Tuesday. The report said NTT looks to purchase Dell’s Perot Systems business and other assets in the latter company’s IT services lines …

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CACI’s UK Subsidiary Buys Purple Secure Systems; Greg Bradford Comments

CACI International’s (NYSE: CACI) U.K. subsidiary has completed its purchase of software and systems engineering services provider Purple Secure Systems for an undisclosed sum. “The acquisition adds significant growth to CACI Ltd.’s business and contributes to one of our strategic objectives to build a cybersecurity and defense business, ” Greg Bradford, …

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Richard Montoni: Maximus Buys Ascend for Public-Sector Health Services Push

Maximus (NYSE: MMS) has bought specialized healthcare assessment company Ascend for an undisclosed sum to expand its portfolio of health and human service offerings for the public sector. “This acquisition broadens our ability to help our government clients deal with the rising demand for long-term care services, ” Maximus CEO Richard Montoni said in a …

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