Tick-tock: How Cubic decided on its sale to Veritas & activist fund

Veritas Capital and its activist hedge fund partner kept up their pursuit of Cubic Corp. over the course of five months and they apparently were quicker to act than the other prospective bidder.

Podcasts

PROJECT 38: Was the SAIC-Unisys Federal deal worth it?

It’s been a year since Science Applications International Corp. made one of the biggest acquisitions of 2020 and this conversation between Editor Nick Wakeman and Bob Genter, SAIC's defense and civilian president, starts with the question: Was the Unisys Federal acquisition worth it?

Companies close 109 deals in 2020 & private equity firms (barely) lead the way

We tracked 109 closed acquisitions in 2020 and just over half of them were made by private equity firms. Who is making the deals and what does that say about the market?

2021 M&A Podcast Roundup

As part of our annual special report focused on mergers and acquisitions, we've recorded a series of interviews and discussions for the Project 38 podcast. These podcasts focus on trends and analysis of M&A activity in the government market.

M&A takes center stage at next WT Power Breakfast

Our next Washington Technology Power Breakfast on trends in mergers and acquisitions is on for March 19 with executives and seasoned industry analysts lined up to tell us what today's dealmaking says about the government market.

AT&T divesting defense IT professional services business

AT&T is retaining a lot of federal work as the telco giant sells its defense IT professional services business to private equity-backed integrator Tyto Athene, which is getting a lot on the other end of the equation.

Vectrus touts clear vision for a 5G strategy

Vectrus’ push to be a leading provider of tech-enabled and converged infrastructure provider to the government includes 5G and the company sees that technology being increasingly embedded into procurements.

Attain's Baroni charts independent course

By selling the federal portion of Attain, Greg Baroni continues to forge an independent path in the public sector market.

Ambit Group, Greenzone merger creates new digital transformation player

The Ambit Group and GreenZone merge to create a larger player in digital transformation and other next-generation IT initiatives for federal agencies.

Maximus makes $430M deal for Attain's federal arm

Maximus has purchased Attain's federal business in a $430 million deal to gain more capabilities around artificial intelligence and machine learning.

Guess how March starts? More M&A.

The start of this new month of March brings back an old theme: Multiple announced and/or completed merger-and-acquisition transactions revealed on day one.

ICF sees its 4 growth priorities holding firm in new administration

ICF says four of the key growth drivers it has named as priorities for the company going forward are holding firm under the new Biden administration.

Leonardo DRS plans initial public offering in U.S. market

Italy’s largest defense company files the paperwork to take its U.S. subsidiary Leonardo DRS through an initial public offering and join the New York Stock Exchange.

AeroVironment's latest acquisition centers on AI, autonomy tech

On the heels of closing a platform-focused acquisition, AeroVironment completes a second to bring in more augmenting technologies like autonomy.

Parsons sees a rebound on the way despite permanent changes due to COVID

Like others in the market, Parsons Corp. is blending realism about what the coronavirus pandemic has meant to its business and the market at-large with some optimism that the underlying fundamentals are stable.

Redwire's latest space tech deal eyes solar arrays

Redwire has been busy on the acquisition front with AE Industrial Partners' backing since last year and the latest deal finds a company specializing in solar arrays.

Lost contract leads Leidos to make its latest acquisition

Last year, Leidos lost a Navy competition for an unmanned vessel but the lessons learned helped direct the company to its latest acquisition, a $380 million deal for a naval architecture firm.

Tick tock: How Perspecta decided on its sale to Veritas

Veritas Capital eventually became the winner of the race to buy Perspecta, whose board of directors had to consider not just the offers before it but how another investor wanted to see things happen.

Regulators seek more info out of Lockheed & Aerojet

Antitrust regulators will take more time to look through and are asking for more information about Lockheed Martin’s proposed acquisition of Aerojet Rocketdyne.

How ManTech is facing the talent challenge with internal muscle

ManTech just put the books on a 2020 that saw growth on its top line and in the backlog for future revenue, but sees the biggest challenge ahead for themselves and industry as one of talent supply more than budget.