SRA sold to private equity group for $1.9B
SRA International Inc. is being sold to an affiliate of Providence Equity Partners in an all-cash deal.
SAIC strips away its oil and gas IT businesses
Science Applications International Corp. will become a more narrowly focused company once it completes the sale of its specialized oil and gas industry IT services to Wipro Ltd. of Britain, the company announced today.
KEYW locks up purchase of cybersecurity provider
KEYW Corp. has made its 10th acquisition since its founding in 2008, acquiring JKA Technologies Inc., a privately held provider of cybersecurity solutions to the intelligence community.
Deltek makes $26M deal for FedSources
The company acquires the rival of its Input acquisition in a bid to broaden research and consulting capabilities.
The month that was
We round up some of the important industry news from the month of March.
Deltek's FedSources deal opens new chapter in market research
The combination of Input and FedSources is seen as inevitable by some but could open opportunities for other market research firms.
Northrop Grumman scuttles its shipbuilding unit
Northrop Grumman Corp. today completed the spin-off of its Huntington Ingalls Industries Inc. subsidiary, which designs, builds, and maintains nuclear and non-nuclear ships for the Navy and Coast Guard.
Cisco cloud buy expands its services
Cisco intends to buy software provider NewScale.
2010, the year of the big comeback for IT M&As
Merger and acquisition activity in the IT and communications sector made a strong recovery in 2010, with more than 1,900 M&A deals, a new IDC survey finds.
Don't let today's market frighten you
Current conditions in the federal market might scare some investors, but a long-term view shows the government is still a good bet.
SAIC to pursue bolder acquisition strategy, sell off a portion of its business
As contractors make moves to realign businesses with growing sectors, SAIC is selling off oil and gas IT service units and buoying its acquisition strategy.
HP expands services with purchase of analytics provider
Hewlett-Packard Co., in another step to expand its services beyond hardware sales, has acquired Vertica Systems Inc., a provider of real-time analytics. Financial terms were not reported.
5 M&A trends dominating the market
The conditions that made 2010 a stellar year for mergers and acquisitions promise to do the same for 2011.
NetApp to buy LSI's Engenio video and data storage business
NetApp to purchase Engenio in a $480 million all-cash deal.
Harris buys government network telecom provider
Harris Corp. has acquired key infrastructure assets of Core180 Inc., a government telecom network integrator in Fairfax, Va. Financial terms were not reported.
The month that was
A roundup of the top contracting news and events of the last 30 days.
Accuvant creates federal unit to increase cyber sales
Accuvant Inc., an information security provider, has just launched Accuvant Federal Solutions, its cybersecurity business unit specifically for government clients. The Denver-based company currently protects more than 2.3 million government endpoints from malicious threats.
TASC names new CEO
TASC CEO Wood Parker retires and the board names David Langstaff as CEO.
Finmeccanica prepares DRS unit for sale
Finmeccanica is looking to raise between $700 million and $800 million by selling assets from DRS Technologies, its U.S. unit.
GTEC acquired for $315M by private equity firm
Global Defense Technology and Systems acquisition by a private equity firm reinforces company's business strategy.
Almost There!
Help us tailor content specifically for you: