Stan Sloane on SRA’s Acquisition of Sentech
SRA International, Inc. (NYSE: SRX) has agreed to acquire Sentech, “an energy management consulting company with expertise in renewable energy, distributed generation, energy efficiency and advanced transportation technologies.” “Bringing Sentech’s strong domain expertise together with SRA’s IT systems and environmental offerings will be a complementary fit as we continue to enhance our strong presence in [...]
CGI Extends Stanley Tender; Awaiting Clearances
CGI Group (NYSE: GIB) has once again extended its $903 million tender offer for Stanley. The new extension lasts through August 2. The previous extension expired last week. CGI notes that approximately 84 percent of Stanley’s shares have been tendered, but that the deal was still awaiting regulatory clearances. CGI agreed to purchase Stanley in [...]
BAE Systems Finalizes Deal to Acquire Atlantic Marine
BAE Systems finalized the acquisition of Atlantic Marine following approval from the government. In May, BAE announced an agreement to purchase Atlantic Marine from JFL-AMH Partners, LLC, a portfolio company of the private-equity firm J.F. Lehman & Company for $352 million. According to the firm, “the acquired Atlantic Marine operations at Mayport and Jacksonville, Florida; [...]
Boeing to Acquire Narus, Announces Tender Offer for Argon ST; Roger Krone Comments
Boeing (NYSE: BA) has an agreement to purchase Narus, a network traffic and analytics software designed to defend cyber attacks and persistent threats aimed at large Internet Protocol networks. “This acquisition is another step forward in our strategy to develop integrated solutions for better network visibility, threat detection, and cybersecurity,” said Roger Krone, president of [...]
DynCorp Acquisition Official; Bill Ballhaus Comments
DynCorp International’s acquisition by Cerberus Capital Management is a done deal, the firm reports. “With this announcement, DynCorp International enters an exciting new chapter,” said Bill Ballhaus, DynCorp International’s President and Chief Executive Officer. “Built on six decades of trusted performance for the U.S. government, this solid foundation will only be strengthened by the operational [...]
Deltek’s Kevin Parker Talks Maconomy Acquisition
Deltek, Inc. (Nasdaq: PROJ) finalized a tender offer to acquire the European ERP provider Maconomy A/S (Nasdaq OMX: MACO). According to the firm, “Deltek is acquiring approximately 94% of Maconomy’s outstanding shares in connection with the tender offer. An all cash payment for shares that were tendered will be made promptly in accordance with the [...]
Boeing Buys Argon ST for $775M; Roger Krone Speaks Out
Boeing (NYSE: BA) announced today it had agreed to acquire defense-equipment maker Argon ST (Nasdaq: STST) for an estimated $775 million. “Combining the strength of Boeing with the experience of Argon ST will significantly accelerate our capabilities in sensors, communications technologies and information management,” said Dennis Muilenburg, president and CEO of Boeing Defense, Space & [...]
Brad Antle Shakes Up GovCon: Salient Purchases SGIS, Continues Aggressive Growth
Salient Federal Solutions has acquired SGIS from Skillstorm. According to the firm, “this acquisition supports the company’s aggressive growth plans to build a world-class federal IT and engineering solutions company, and leverages their management and operational expertise to successfully support high-priority missions of the federal government.” Based in San Diego, Calif., the firm supports technology-focused [...]
General Dynamics Purchases Kylmar
General Dynamics (NYSE: GD) acquired Kylmar (KMC) Limited, a firm specializing in the design and manufacture of sensor and optical surveillance systems for military and security applications. According to General Dynamics, “Kylmar has been supplying electro-optic equipment and systems into the U.K. military intelligence and Special Forces for counterterrorism applications for nearly two decades. From [...]
BAE Systems Teams with Freedom PST for New Data Centers
BAE Systems will work with Freedom PST to provide cost-cutting environmental solutions to the federal government with new data centers. According to BAE, “under a federal directive, agencies have until the end of the summer to submit plans to consolidate and reduce data centers, a move projected to save taxpayer dollars through property sales and [...]
