ManTech has initiated an all-cash deal to be purchased by investment firm Carlyle for approximately $4.2 billion in total enterprise value. The national security technology services provider said Monday that the acquisition, in which shareholders will receive $96.00 per share in cash, is estimated to close in the second half of the calendar year 2022. […] More

Scott Salmirs, president and CEO of ABM Industries, has joined the board of directors of ICF, bringing his extensive experience in initiating and maintaining business growth through company strategies and operations. “Scott is a great fit for us. He brings deep proficiency in leading a large, diversified services business across high-profile industries that ICF is […] More

CAE has agreed to buy the military training segment of L3Harris Technologies for approximately $1.05 billion in a strategy to access multiple programs aimed at preparing U.S. warfighters for aircraft and weapon system operations. Montreal-based CAE said Monday it expects to close the transaction in the second half of this year. Marc Parent, president and CEO of CAE, said the company aims to accelerate its growth strategy in the defense and security space through the acquisition and expand its U.S. market presence.

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ScienceLogic, a provider of artificial intelligence-based information technology platforms, has secured $105 million during a Series E funding round to help accelerate growth efforts in the “AI for IT” operations market.

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Veritas Capital has moved to acquire Perspecta for $7.1 billion and plans to combine the latter to its portfolio company Peraton to expand its position in the government technology market. Perspecta has entered into a definitive agreement for the all-cash transaction. "Perspecta will be well positioned to build on our momentum and continue executing on customer commitments as Perspecta delivers cyber, digital-transformation and mission-focused solutions,” said Mac Curtis, chairman and CEO of Perspecta and 2020 Wash100 Award recipient. Stu Shea, chairman, president and CEO of Peraton and 2020 Wash100 Award recipient said, "Together, we will create a top-tier, privately-owned government technology business with a focus on missions of consequence.”

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Booz Allen Hamilton has invested in Tracepoint, a digital forensics and incident response services provider, as both companies aim to help public and private sector clients address cybersecurity threats. Booz Allen said Friday the strategic investment seeks to complement the company's portfolio of cybersecurity offerings for enterprise, defense and federal civilian organizations.

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IBM has added new industry, academe and government members to the company’s partner network dedicated to the development of quantum technologies.

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Orbital Insight has raised $50M in a series D financing round jointly led by Clearvision Ventures and Sequoia Capital. The company said Tuesday it will use the proceeds to innovate and expand a software offering designed to help customers analyze geospatial data.

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AECOM announced on Monday that the company has entered into a definitive agreement to sell its management services business to affiliates of American Securities and Lindsay Goldberg for $2.4B.

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Salesforce has entered into a definitive agreement with Tableau Software to acquire the company in a transaction worth a potential value of $15.7 billion, Salesforce announced on Monday. The deal is projected to provide Salesforce a $400 million increase in revenue by 2020.

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Timothy Alden, a more than 20-year defense, aerospace and government services industry veteran, has joined Macquarie Capital as a managing director.

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Information technology company Two Six Labs hired David Leach, former principal and head of private equity at The Chertoff Group, as senior vice president of strategy and corporate development.

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