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Latest Federal & Government Contracting Companies' News Coverage
Executives from Lockheed Martin, Boeing, Northrop Grumman, Thales Alenia Space and other satellite manufacturers said software-defined or “flexible†satellites that can redesign capacity and beams have now become a requirement for operators, SpaceNews reported Wednesday.
CGI announced on Tuesday that it acquired Annams Systems Corp., doing business as Sunflower Systems, a provider of asset management software products and services. A definitive agreement was entered on Aug. 27th and the transaction was completed on Friday.
TechnoMile has formed a business organization, called GovSearch, after acquiring government contact information assets from Carroll Publishing. Sally Swan, former Carroll Publishing CEO and current general manager of GovSearch, said in a blog post published Tuesday the addition of new content into TechnoMile's GovCon Suite can help customers identify potential targets as they implement growth and compliance initiatives.
Israel-based Elbit Systems has agreed to acquire the night vision business of Harris, which now operates as L3Harris Technologies, for $350M and CEO Bezhalel Machlis said he expects to close the transaction in the early fourth quarter of 2019, Reuters reported Thursday.
Aberdeen Standard Investments’ Bonaccord Capital Partners division and global investment firm Wafra each bought passive minority interests in AE Industrial Partners, a private equity firm focused on the aerospace and defense sectors.
Nazzic Keene, CEO of Science Applications International Corp. and a 2019 Wash100 winner, told Defense News in an interview published Thursday that her top priority is continued focus on integrating Engility after SAIC closed the acquisition in January.
Serco, Inc. announced on Thursday that the $225M acquisition of Alion Science & Technology Corporation’s Naval Systems Business Unit, which includes its Canadian business and a small number of related contract operations.Â
Perspecta announced on Thursday that the company has completed its $250 million acquisition of Knight Point Systems. The acquisition enhances Perspecta's robust and proven offerings in cloud, cyber, digital transformation and enterprise IT that modernize and transform government mission delivery. Baird served as the exclusive financial advisor to Knight Point Systems.Â
Altamira Technologies Corp. announced on Wednesday that the company has been acquired by an investor group led by ClearSky. The terms of the acquisition haven’t been revealed.Â
IBM and AT&T announced a multi-year strategic alliance between the companies on Tuesday. AT&T Communications will use IBM’s expertise to modernize AT&T Business Solutions' internal software applications, enabling migrations to the IBM Cloud through the partnership.
SOS International (SOSi) announced on Wednesday that the company has acquired the Vykin Corporation, a business specializing in providing communications, intelligence and IT support to the Department of Defense (DoD) and the intelligence community.Â
