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in M&A Activity, News

Airborne Technologies, VertiPrime Form JV to Participate in SBA Mentor-Protege Program

Airborne Technologies Inc, a subsidiary of AllClear Aerospace & Defense subsidiary, has formed a joint venture with service-disabled veteran-owned company VertiPrime Government Services with the intent to participate in a mentor-protege program run by the Small Business Administration and offer support services to the Department of Defense. The companies applied to the program as VertiPrime […] More

by Angeline Leishman August 11, 2021, 11:54 am
in M&A Activity, News

Avian Buys Counter-Drone Training Company redUAS; Kevin Switick Quoted

Avian has purchased redUAS, a counter-unmanned aircraft systems tactics and training company, for an undisclosed sum. RedUAS offers Federal Emergency Management Agency-certified courses meant to make participants aware of threats associated with unmanned aircraft and inform them of the legalities of using drones and counter-drone technologies, Lexington Park, Maryland-based AVIAN said Monday. The company also […] More

by Jane Edwards August 2, 2021, 11:40 am
in M&A Activity, News

Ryan Hebert: Intrepid Seeks to Strengthen R&D Capabilities With Darkblade Acquisition

Intrepid Solutions and Services, a portfolio company of Bluestone Investment Partners, announced in mid-July that it acquired Darkblade Systems for an undisclosed sum and Ryan Hebert, founder and CEO of Intrepid, said the transaction provides the company access to Darkblade’s portfolio of research and development support services for customers in defense and intelligence communities, the […] More

by Jane Edwards July 28, 2021, 11:42 am
in M&A Activity, News

LMI Eyes Government Service Expansion Through Suntiva Buy; CEO Doug Wagoner Quoted

LMI has acquired Falls Church, Virginia-based business transformation and technology company Suntiva in a move to grow the consultancy’s digital and workforce-related offerings to federal government customers. Suntiva provides services to the Department of Agriculture, U.S. Army, Joint Artificial Intelligence Center and other public health and defense clients, and LMI seeks to gain new customers […] More

by Christine Thropp July 27, 2021, 12:35 pm
in M&A Activity, News

Arlington Capital Completes TRP Infrastructure Services Buy

Arlington Capital Partners has closed a deal to acquire Texas-based TRP Infrastructure Services, which provides traffic control and roadway marking offerings to state and local governments. The acquisition expands Arlington Capital’s portfolio of operations in Alabama, Arkansas, North and South Carolina, Georgia, Florida and Texas, the private equity firm said Monday. Michael Lustbader, a managing […] More

by Nichols Martin July 13, 2021, 11:47 am
in M&A Activity, News

Kristine Martin Anderson Unveils Booz Allen’s Plans Following Liberty IT Acquisition

Kristine Martin Anderson, executive vice president and head of civil business at Booz Allen Hamilton, said the company will continue to deliver on existing contracts with the Department of Veterans Affairs and scale up using Liberty IT Solutions’ advancements in application program interface development and low code-no code platforms, FedScoop reported Friday. Martin Anderson said […] More

by Jane Edwards July 12, 2021, 12:02 pm
in M&A Activity, News

BlueHalo Eyes Expanded Space System Capabilities via DDES Acquisition; Jonathan Moneymaker Quoted

BlueHalo has entered into a definitive agreement to acquire Design and Development Engineering Services Corporation to expands the Arlington Capital Partners company’s space-qualified hardware, laser communications systems and directed energy capabilities. “DDES has established itself as a leader in developing space-qualified hardware and we are incredibly excited to partner with the DDES management team as […] More

by William McCormick July 6, 2021, 11:59 am
in M&A Activity, Industry News, News

Astra Space Completes SPAC Merger, Starts Trading on Nasdaq; Chris Kemp Quoted

Alameda, California-based Astra Space has begun trading on the Nasdaq under the ticker symbol “ASTR” following the completion of its merger with special purpose acquisition company Holicity. Shareholders in Holicity on Wednesday gave their approval of the deal, and Astra said it will use the $500 million raised from the transaction to further develop its […] More

by Mary-Louise Hoffman July 1, 2021, 11:56 am
in M&A Activity, Industry News, News

CEO Stu Shea Talks Hybrid Work as Peraton Integrates Northrop IT, Perspecta Acquisitions

Stu Shea, president, CEO and board chairman of Peraton and a 2021 Wash100 Award winner, said the plan to maintain a remote or hybrid work environment will likely guide Peraton’s decisions on office footprint as it works to integrate Perspecta and Northrop Grumman’s federal information technology and mission support business, the Washington Business Journal reported […] More

by Jane Edwards June 25, 2021, 6:33 am
in M&A Activity, Cybersecurity News, Industry News, News

Ian Northrop: JHNA Pursues Additional M&A Opportunities as Part of Growth Strategy

Ian Northrop, CEO of digital engineering firm JHNA, said the company is looking to make more acquisitions as the Department of Defense increases adoption of open-architecture systems as part of its modernization efforts, the Washington Business Journal reported Thursday. “I’m eager, we have a pipeline of opportunities, we have other owners we are talking to,” […] More

by Jane Edwards June 18, 2021, 12:16 pm
in M&A Activity, Cybersecurity News, Government Cloud, Government Technology, Industry News, News

Tech Analyst Says Federal Cyber Spending, Executive Order Could Spur M&A Activity

Dan Ives, a technology and media analyst at investment firm Wedbush Securities, said an increase in federal spending on cybersecurity platforms amid recent cyberattacks and a new executive order to strengthen the U.S. government’s cyber defenses could lead to an increase in mergers and acquisitions in the cybersecurity space, the Washington Business Journal reported Friday. […] More

by Jane Edwards June 14, 2021, 11:56 am
in M&A Activity, Industry News, News

Booz Allen Wraps Up $725M Acquisition of Liberty IT Solutions; Horacio Rozanski Quoted

Booz Allen Hamilton has completed the acquisition of Liberty IT Solutions for $725 million in an effort to enhance the former’s ability to deliver end-to-end digital offerings and expand its digital transformation portfolio. Liberty will now operate as a Booz Allen company and integrate with its Civilian Services Group led by Executive Vice President Kristine […] More

by William McCormick June 14, 2021, 11:53 am