BlueHalo has bought Maryland-based companies Fortego and Base2 Engineering in a pair of deals aimed to expand signal intelligence and cyber offerings for the national security sector. Baird and Aronson Capital Partners advised the acquired firms on the transactions. "Bringing Fortego and Base2 together creates a sizable concentration of highly ...
Leidos Holdings (NYSE: LDOS), a Fortune 500 science and technology leader, announced Thursday that the company has entered into a definitive agreement to acquire 1901 Group, a leading provider for managed IT services and cloud solutions in the private and public market, in order to expand its cloud, IT services and digital modernization capabilitie...
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, incl...
Market experts said another wave of mergers and acquisitions in the defense sector might be in the offing driven by possible changes in federal spending and taxes linked to any potential administration change, the Washington Business Journal reported Wednesday....
Leidos (NYSE: LDOS) has agreed to acquire Huntsville, Ala.-based technology services contractor Dynetics for approximately $1.65B in cash to further build up its position in the intelligence, civil and defense markets. "The addition of Dynetics will significantly increase our capabilities for rapid prototyping and agile system integration and ...
On Tuesday, Potomac Officers Club (POC) hosted its Unmanned Systems in the Future Fight Forum featuring Maj. Gen. Peter Gersten, special assistant to the Deputy Chief of Staff for Plans and Programs (AF/A5/8) for the U.S. Air Force, as the keynote speaker. In addition, an expert panel featuring Jim Thomson of the Army Futures Command...
Huntington Ingalls Industries (NYSE: HII) has purchased Annapolis Junction, Md.-based cybersecurity services provider G2 for an undisclosed amount in a move to grow its professional services business and portfolio of information assurance and cyber offerings. HII said Monday it will integrate G2 into its technical solutions division led by Andy...
