Tag Archives: M&A Activity

Hitachi Vantara Federal Assumes Control of Brocade’s Networking Maintenance Contracts; David Turner Comments

Hitachi Vantara’s federal business has assumed control of some of Brocade Communications Systems’ (Nasdaq: BRCD) federal service maintenance contracts and other assets under a definitive agreement signed in June. Hitachi Vantara Federal said Friday the agreement’s completion would provide the company access to Brocade’s storage area networking, campus/edge networking and data center …

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Deltek Wraps Up $70M Onvia Purchase

Deltek has closed its $70 million cash acquisition of Onvia in a move to expand the delivery of public sector procurement data and market intelligence to government contractors. Deltek said Friday it will combine Onvia with its GovWin IQ market intelligence platform for GovCon companies through the transaction originally announced in October. Onvia’s board …

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Radiant Solutions to Combine Geospatial Services Brands; Tony Frazier Comments

Maxar Technologies’ (NYSE: MAXR) Radiant Solutions business unit has unveiled a new strategy that aims to converge its legacy businesses in an effort to deliver geospatial data and insights designed to transform intelligence and global mapping missions in support of commercial and national security clients. Tony Frazier, president of Radiant …

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General Atomics Eyes Satellite Portfolio Expansion Via Surrey-US Asset Purchase Deal

General Atomics has purchased the majority of Surrey Satellite Technology US’ assets for an undisclosed sum in a strategy to advance the development of small satellites and other payloads. General Atomics said Monday it will incorporate Surrey-US’ employees and assets into its electromagnetic systems business in support of growth objectives. …

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L2 Defense Buys ATEC to Grow Emergency Mgmt Simulation, Training Portfolio

L2 Defense has purchased Advanced Technical and Educational Consultants for an undisclosed sum in a move to expand emergency management simulation and training offerings for clients in the defense, first responder and national security markets. L2 Defense President Sam Lennon said in a statement published Thursday the transaction will combine …

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ManTech Records Q3 2017 Rise in Revenue, Net Income; Kevin Phillips Comments

ManTech International (Nasdaq: MANT) recorded $422.7 million in revenue for the third quarter of its fiscal year 2017, up from $415.4 million in the same period last year. ManTech said Wednesday it posted $15.2 million in Q3 net income, a figure that reflects a 4 percent rise from the prior-year period. The …

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CenturyLink Closes $34B Level 3 Purchase

CenturyLink (NYSE: CTL) has wrapped up its $34 billion acquisition of Level 3 Communications. The merger’s completion creates a combined entity with $24 billion in estimated pro forma annual revenue and a global network that links at least 350 metropolitan areas with over 100,000 on-net, fiber-equipped buildings, CenturyLink said Wednesday. The new …

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Melanie Anderson Joins HII Technical Solutions Business in VP Role; Andy Green Comments

Melanie Anderson, formerly head of human resources at KBRWyle’s engineering business, has joined Huntington Ingalls Industries’ (NYSE: HII) technical solutions division as vice president of human resources. Anderson has two decades of HR experience in several companies across aerospace and defense, government services and technology sectors, HII said Tuesday. She came …

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FCC OKs CenturyLink’s $34B Buy of Level 3

The Federal Communications Commission has cleared CenturyLink‘s (NYSE: CTL) proposed $34 billion acquisition of Level 3 Communications (NYSE: LVLT). CenturyLink said Monday the FCC approval came two weeks after the California Public Utilities Commission cleared the acquisition at its Oct. 12 meeting. John Jones, senior vice president for public policy and government …

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Serco Inc. to Buy BTP Systems in Govt C5ISR Services Expansion Push; Dave Dacquino Comments

Serco’s North American arm has agreed to purchase Ludlow, Massachusetts-based BTP Systems for an undisclosed amount in a move to expand its client base and command, control, communications, computers, combat systems, intelligence, surveillance and reconnaissance services for the government sector. Serco Inc. said Tuesday it expects to close the acquisition …

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