Salient closes two-for-one deal
Salient Federal Solutions Inc. acquires two companies in a single deal as it adds software development and cybersecurity offerings.
FAA puts IT projects on fast track
The FAA is saying good-bye to projects that take years to payoff, if ever. How quickly do they now want contractors to show results?
NCI will acquire CSC health care watchdog unit
NCI Inc. has signed a definitive agreement to purchase 100 percent of the stock of AdvanceMed Corp., one of the largest and most well-established health care integrity program contractors focused on the federal government market. NCI said additional financial and acquisition information would be disclosed at closing in April.
Evolving market conditions create opening for new investment bank
John Allen and Susan Gabay, formerly of BB&T Capital, launch Bluestone Capital Partners to serve the middle market.
Contracts, acquisitions spur ManTech's 4Q double-digit growth
ManTech International Corp. saw its fourth-quarter 2010 revenues reach $697.9 million, a 29 percent increase from $542.1 million in the fourth quarter of fiscal 2009.
Lockheed finds buyer for PAE business
Lockheed Martin finds private equity buyer for PAE unit as part of its divestiture plan.
Harris acquisition will expand its health care offerings
Harris Corp. has entered into a definitive agreement to acquire privately held Carefx Corp., a provider of interoperability health care workflow solutions based on its Fusionfx platform, for $155 million.
BAE wraps up purchase of L-1 intelligence trio
BAE Systems Inc. has completed its acquisition of L-1 Identity Solutions Inc.’s Intelligence Services Group, which comprises SpecTal LLC, Advanced Concepts Inc. and McClendon LLC. The purchase price was approximately $297 million.
2012 budget feeds tougher competition
The Obama administration's fiscal 2012 budget proposal trims $1.1 trillion over 10 years, creating a tougher competitive environment for contractors, but many of the details are still lacking.
ManTech buys small business for ENCORE II access
ManTech International Corp. has acquired TranTech Inc., an Alexandria, Va., provider of information technology, networking and cybersecurity services to the federal government. Financial terms of the acquisition were not disclosed.
EchoStar set to pay $2 billion for Hughes Communications
EchoStar Corp. plans to buy broadband satellite network provider Hughes Communications Inc. in a deal worth around $2 billion, including the assumption of debt, according to media reports.
Northrop Grumman has mixed fourth quarter
Sales in the company's information systems sector decreased while operating income rose compared to 2009.
Dell wraps up acquisition of SecureWorks
Dell Corp. has closed its acquisition of SecureWorks Inc., a provider of information security services. Details of the cash transaction were not reported.
Contract wins, revenue rise highlight SRA’s second quarter results
SRA International Inc. today reported $434.8 million in revenue in the second quarter of fiscal 2011, which ended Dec. 31, 2010, for a 5.3 percent increase from $412.8 million in the December 2009 quarter.
More buyers than sellers in government market
A Washington Technology survey found that most contractors expect to buy a company in the next year versus selling.
English aerospace firm acquires Baltimore surveillance specialists
Cobham PLC of Dorset, England, a developer of advanced aerospace and defense systems, has crossed the pond to acquire Corp Ten International Inc., a small Baltimore-based surveillance technology company, for $11.5 million with an additional cash consideration is payable of up to $12.5 million between 2012 and 2014 contingent on future performance.
Stockholders OK sale of L-1 units to French group
Stockholders of L-1 Identity Solutions Inc. have approved the previously announced merger with Safran SA. The Paris-based firm is buying a scaled-down L-1, following the pending sale of its Intelligence Services Group to BAE Systems Inc.
Raytheon completes $490M deal for communications provider
Raytheon Co. completed its acquisition of Applied Signal Technology Inc. when the tender offer for all outstanding shares expired at midnight, Friday, January 28, 2011, the company announced today.
Attention dealmakers: Do you buy or sell in 2011?
We're asking our readers if they expect to be involved in merger and acquisition activity in the next 12 months.
January's top news
We roundup the top news and trends from the month of January.
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