DLT Solutions managers lead buyout

The management team of DLT Solutions Inc. has led a buyout of the company from the beneficiaries of the firm's founder.

Anteon buys Milestone Group

Anteon International Corp. acquires Milestone Group LLC, an IT professional services company, for $31.5 million.

SRA to acquire Spectrum Solutions Group

SRA International Inc. signed a definitive agreement to acquire Spectrum Solutions Group Inc.

ICF Consulting acquires human services consulting firm

ICF Consulting Group Inc. has acquired local consulting services firm Caliber Associates, a provider of IT consulting services to the federal government.

McNeil Tech closes two deals

McNeil Technologies Inc. closed a pair of deals last week, one for a government contractor and a second for the government contracts held by another company.

SAIC finishes IMAPS acquisition

Science Applications International Corp. completed its acquisition of assets of geospatial technology firm IMAPS LLC.

FileNet to buy compliance provider

FileNet Corp. of Costa Mesa, Calif., will buy Yaletown Technology Group Inc. in an all-cash transaction valued at about $11 million.

CACI to acquire professional, analytic services company

CACI International Inc. will acquire National Security Research Inc., a provider of professional and analytic services.

Lockheed Martin closes Coherent purchase

Lockheed Martin Corp. completed its acquisition of remote sensing systems maker Coherent Technologies Inc. yesterday.

FileNet to acquire content compliance provider

FileNet Corp. signed an agreement to acquire Yaletown Technology Group Inc., a provider of content compliance software, in an all-cash transaction valued at about $11 million.

Mergers and acquisitions

Oracle Corp. is expanding its customer relationship management capabilities with its agreement to buy Siebel Systems Inc. of San Mateo, Calif., for $5.85 billion.

DRS to acquire military electronics provider

DRS Technologies Inc. has signed a definitive agreement to acquire Engineered Support Systems Inc. for nearly $2 billion in a cash and stock deal, the company said today.

CompuDyne acquires investigative tools firm

CompuDyne-Public Safety and Justice Inc., a subsidiary of CompuDyne Corp., has acquired Xanalys Corp., a provider of crime-solving and data-sharing tools.

Microsoft buys identity assurance company

Microsoft Corp. has acquired Alacris Inc., a provider of certificate management and identity assurance software products, the company announced today.

Siebel purchase gives Oracle CRM capabilities

Analysts say Oracle Corp.'s agreement to buy customer relationship management provider Siebel Systems Inc. is likely a sign of Oracle's desire to increase its footprint in the federal IT market.

Market Share: Investors, keep a sharp eye on acquisitions

The federal IT services industry has seen a lot of merger and acquisition activity, and I expect it will continue. Several factors are driving this activity: the industry's size, its high degree of fragmentation with no truly dominant players, relatively low total-market growth, good access to capital and strong free cash flow.

Mergers and aquisitions

Merger and acquisition experts are hailing Science Applications International Corp.'s decision to shed its employee-ownership model and conduct an initial public offering in 2006.

Lockheed Martin to acquire sensor maker

Lockheed Martin Corp. has entered into a definitive agreement to buy remote sensing systems maker Coherent Technologies Inc. for an undisclosed amount.

General Dynamics finishes Itronix purchase

General Dynamics Corp has completed its acquisition of wireless solution provider Itronix Corp. for an undisclosed amount.

Public offering would flex SAIC's market muscle

Experts hailed Science Applications International Corp.'s plan to conduct an initial public offering and predicted the move will position the company for future acquisitions.