M&A Activity

Redhorse Corporation has acquired Gainesville, Virginia-headquartered Allied Associates International for an undisclosed sum in a push to expand its cybersecurity and data product offerings for the government sector. The company said Tuesday it will integrate A2I's cyber intelligence products with its existing artificial intelligence, data analytics and engineering portfolio supporting national security missions.

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Sidus Space has acquired edge artificial intelligence company Exo-Space in an effort to expand its presence in the growing AI landscape and boost its Earth and space observations services portfolio. The Cape Canaveral, Florida-based satellite manufacturing and space services provider said Tuesday Exo-Space specializes in edge AI software and hardware for space applications, and brings […] More

Ross Niebergall, the newly appointed president of the Aerojet Rocketdyne segment of L3Harris Technologies, said the parent company expects its acquisition of the propulsion systems maker to help facilitate its entry into the missiles and munitions market, Breaking Defense reported Monday. “Something that we’re very committed to is [that] we view Aerojet Rocketdyne as an […] More

Asset management firm TPG has agreed to buy the global governments and critical infrastructure business of Austin, Texas-based cybersecurity software provider Forcepoint. Francisco Partners, the investment firm that acquired Forcepoint from Raytheon Technologies two years ago, will hold a minority stake in Forcepoint G2CI as part of the deal with TPG and will continue to […] More

Maritime autonomous system developers Acua Ocean and HydroSurv have unveiled their plan to combine businesses and form a new company called Blue Ocean Autonomy, Unmanned Systems Technology reported Tuesday. The merger is intended to capitalize on both parties’ capabilities to develop and operate uncrewed surface vessels and marine surveying and surveillance technologies. HydroSurv’s electric and battery-hybrid rapid […] More

The Assets Net looks to broaden its global customer base and expand its offerings to address the growing demand for real-time location-based services through PrecyseTech‘s remote entity awareness and control systems. The move comes after the Radiant Digital affiliate acquired PrecyseTech, including its products, customer contracts, intellectual property and copyrights, in July 2020 for an […] More

ASRC Federal has completed its purchase of Science Applications International Corp.’s logistics and supply chain management arm. The acquisition has brought 240 individuals with over four decades of experience in delivering technology-enabled supply chain management offerings to the Defense Logistics Agency to ASRC Federal’s staff, the Reston, Virginia-based enterprise said Monday. In a separate announcement also issued […] More

Electronic learning software developer Class has acquired CoSo Cloud, a provider of secure private cloud managed services, for an undisclosed amount as part of efforts to expand its workforce development and virtual training offerings for government and commercial customers. San Francisco, California-headquartered CoSo Cloud will combine its workforce with Class‘ team of technologists and compliance […] More

Bethesda, Maryland-based technology company Castellum has closed the acquisition of Global Technologies Management Resources, an engineering services provider to the government. Castellum said Thursday the tax-free deal is accretive on the company’s revenue per share, recurring cash operating profit per share and net income per share basis. GTMR’s corporate office is located close to Naval […] More

Space exploration-focused company Voyager Space has acquired ZIN Technologies, a provider of human-rated spaceflight systems and monitoring services, propulsion and other offerings. The acquisition marks a milestone in Voyager Space’s efforts to grow its space infrastructure and technology capabilities to support the development of Starlab, a continuously crewed, free-flying commercial space station, the Denver, Colorado-based organization announced on […] More