Tag Archives: M&A Activity

General Atomics has purchased Neva Ridge Technologies, a Boulder, Colo.-based provider of synthetic aperture radar data processing technology and services, for an undisclosed sum as part of efforts to expand its tech capabilities in defense and space markets.

AE Industrial Partners has acquired Adcole Maryland Aerospace, a manufacturer of spacecraft components and small satellite platforms, from Artemis Capital Partners for an undisclosed sum.

Military aviation aftermarket distributor Aero Precision has purchased El Segundo, Calif.-based defense aircraft sustainment services provider Kellstrom Defense for an undisclosed sum.

Accenture (NYSE: ACN) has finalized its acquisition of Sierra-Cedar’s Salesforce, Workday and U.S. Mulesoft practices for an undisclosed amount.

Preferred Systems Solutions has purchased Chantilly, Va.-based information technology management consulting firm Eagle Ray for an undisclosed sum. Babs Doherty, president and CEO of Eagle Ray, will bring to PSS her over three decades’ experience in the national security space as a senior vice president within the newly created Eagle Ray Technologies Group and will report directly to Randy Morgan, PSS president and CEO and a previous Wash100 award recipient, PSS said.

Adaptas Solutions, an Ampersand Capital Partners portfolio company, has agreed to purchase an L3Harris Technologies subsidiary and business unit that manufacture power supplies designed for analytical equipment.

COMSovereign Holding has signed a letter of intent to buy Virtual Network Communications for an undisclosed sum as part of efforts to expand its portfolio of 5G networking platforms.

Tom Foster, a more than 35-year nuclear industry veteran, will assume the role of chief operating officer of Amentum’s nuclear and environment strategic business unit on March 1.

Salesforce (NYSE: CRM) has agreed to buy Vlocity, a San Francisco-based cloud and mobile software provider, for approximately $1.33B. The transaction is expected to be finalized in the second quarter of fiscal 2021, subject to the waiting period’s expiration under the Hart-Scott-Rodino Antitrust Improvements Act and other customary closing conditions, Salesforce said Tuesday.

Tetra Tech (Nasdaq: TTEK) has purchased Segue Technologies, an Arlington, Va.-based information technology management consulting firm, for an undisclosed sum.