in M&A Activity, News
ITG Sells for $255M, Baird Advises on Deal; John Song Comments
Incentive Technology Group has agreed to be acquired by ICF for approximately $255M. Financial services company Baird advised ITG on the transaction.
M&A Activity
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Raytheon’s Todd Probert Voices Support for VMware-Pivotal Merger
TYSONS CORNER, VA, January 9, 2020 — Todd Probert, a vice president at Raytheon (NYSE: RTN), shared his impression of the merger between VMware (NYSE: VMW) and Pivotal Software, GovCon Wire reported Jan. 2. The combination "is going to make it possible for my team to get code to our customers even faster and easier," Probert said in a statement Dec. 30.
Roger Krone: Leidos Pushes Tech Capability, National Security Identity With Planned Dynetics Buy
TYSONS CORNER, VA, January 7, 2020 — Leidos (NYSE: LDOS) is moving to advance its government market position through its proposed acquisition of applied research and national security services provider Dynetics for approximately $1.65B cash, GovCon Wire reported Dec. 18.
- in M&A Activity, News
Jacobs CEO Steven Demetriou Talks Rebranding, KeyW Acquisition
Steven Demetriou, chairman and CEO of Jacobs, has said that the company’s integration of KeyW is “off to a great start†as it seeks to leverage the latter’s low-Earth orbit and space intelligence offerings.
- in M&A Activity, News
Centauri Acquires Defense Engineering Firms TDKC, PreTalen; Dave Dzaran Comments
Centauri has purchased Dayton, Ohio-based defense engineering companies The Design Knowledge Company and PreTalen as part of an investment aimed at expanding customer base in the cyber, intelligence and space markets.
- in M&A Activity, News, Wash100
Jean Stack Kicks Off Baird’s 2019 Government & Defense Conference
Jean Stack, a managing director at Baird and 2019 Wash100 Award recipient, offered insight into market trends during the financial services company's annual Government and Defense Conference on Wednesday at the Ritz Carlton in Tysons Corner, Va.
Joe Quaglia: Tech Data Seeks to Get Public Sector Market Share Through DLT Deal
Joe Quaglia, president of the Americas at Tech Data (Nasdaq: TECD), told GCN in an interview published Thursday the company’s proposed acquisition of software and cloud technology aggregator DLT Solutions provides an opportunity for Tech Data to capture a share of the federal public sector market.
- in M&A Activity, News
Tech Data to Acquire DLT Solutions; Art Richer Quoted
DLT Solutions has entered into a definitive agreement to be acquired by Tech Data, DLT Solutions announced on Wednesday.Â
CFO Toby O’Brien on Raytheon’s Hypersonics, Counter-Hypersonics Work
Toby O’Brien, chief financial officer of Raytheon, told Defense One in an interview published Thursday that the company “did get some incremental work†when it comes to hypersonics and counter-hypersonics and saw its backlog rise to approximately $750M through the third quarter of 2019.
Mercury Systems Invests in Microelectronics Business Expansion Effort; Mark Aslett Quoted
Mercury Systems has made a strategic investment of $15M to expand its custom microelectronics business and deliver commercial silicon technology platforms to the Department of Defense.