Tag Archives: mergers and acquisitions

Baird hosted its 2020 Government & Defense Conference on Thursday, a full day virtual event featuring a wide variety of experts across government, academia and industry to present their insights regarding the latest M&A trends and market value drivers influencing the defense and federal market. Jean Stack also highlighted market themes, including 5G, space, directed energy, electronic warfare, hypersonics and cyber

Leidos (NYSE: LDOS) has finalized its acquisition of Malvern, Pa.-based IMX Medical Management Services and its affiliated business segments for an undisclosed sum.

Ed Caso and Justin Donati, both analysts at Wells Fargo Securities, reported that government services providers are increasingly taking note of potential revenue opportunities in the space domain.

ManTech International (Nasdaq: MANT) has acquired analysis services provider H2M Group for an undisclosed sum in a move to expand work with the geospatial and intelligence communities. H2M will operate under the mission, cyber and intelligence solutions business led by Rick Wagner, a 2019 Wash100 Award recipient.

New York-based regulatory and risk management services provider Exiger has acquired McLean, Va.-based intelligence and security services contractor Convergent Solutions for an undisclosed amount to expand presence in the federal market.

Leidos (NYSE: LDOS) has agreed to buy IMX Medical Management Services, a consulting firm that offers independent medical evaluation, case management and record review services to state and local government agencies. Terms of the deal were not disclosed and Leidos said Wednesday it expects to close the transaction in the third quarter, pending customary approvals.

Ruth McMorrow, formerly executive vice president of Parsons‘ enterprises business, has been promoted to president of the unit focused on the development of concession-based businesses. Parsons said Wednesday McMorrow will oversee merger-and-acquisition transactions in her new position and report to Virginia Grebbien, Parsons corporate executive vice president and chief of staff. “Ruth’s deep understanding of our business, …

Phillip Lacombe, former head of the commercial cybersecurity and secure mission solutions businesses at Parsons, has been named president and chief operating officer at Reston, Virginia-based government services contractor STG. STG said Sept. 6 he will lead the company’s efforts to identify new business opportunities and develop new platforms for clients in the defense and national security technology sectors. …

Christopher Cambria, formerly vice president, general counsel and secretary of Aerojet Rocketdyne Holdings (NYSE: AJRD), has joined Mercury Systems (Nasdaq: MRCY) as senior VP, general counsel and secretary at the Massachusetts-based processing subsystems producer. He will report directly to President and CEO Mark Aslett and oversee all legal and regulatory aspects of Mercury’s corporate …

Greg Psihas, former corporate vice president of mergers and acquisitions at Applied Materials, will join Lockheed Martin (NYSE: LMT) as VP of corporate development on Oct. 27. The company said Tuesday Psihas will manage mergers and acquisitions, integration, joint and strategic ventures, divestitures, technology commercialization and fund investments. He has overseen merger and acquisition activities worth an estimated …