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Latest Federal & Government Contracting Companies' News Coverage
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
New York City-based management consultancy Oliver Wyman has agreed to purchase a Booz Allen Hamilton consulting practice that operates in the Middle East and North Africa region. Terms of the deal were not disclosed and the two companies expect to close the transaction later this year, according to a joint statement released Tuesday. Booz Allen […] More
Booz Allen Hamilton has agreed to acquire cybersecurity platform provider EverWatch, a portfolio company of Enlightenment Capital, in a push to expand its classified software and analytics offerings for national security customers. EverWatch will operate as a wholly-owned subsidiary of Booz Allen under Judi Dotson, president of the national security sector, once the transaction is […] More
Vectrus and the Vertex Company have reached a merger agreement to combine their service offerings in support of various defense sector needs. The all-stock transaction will officially close in the third quarter of 2022 and is intended to create a more wide-ranging revenue stream in terms of locations, customers and contract types from the Department of Defense […] More
Jim Taiclet, chairman, president and CEO of Lockheed Martin and a 2022 Wash100 Award recipient, said the company could explore other merger and acquisition opportunities if the Aerojet Rocketdyne deal fails to materialize, Breaking Defense reported Thursday. In late January, the Federal Trade Commission filed a suit to block Lockheed’s planned $4.4 billion acquisition of […] More
Curtiss-Wright has announced a potential $240 million cash transaction to purchase the assets of Safran Aerosystems Arresting, an Aston, Pennsylvania-based supplier of aircraft arresting systems used by global militaries. Lynn Bamford, president and CEO of Curtiss-Wright and a previous Wash100 awardee, said in a statement published Friday the acquisition is aimed at expanding its global […] More
Liberty Strategic Capital, a private equity firm founded by former Treasury Secretary Steven Mnuchin, is investing $150 million in Satellogic as the satellite imagery company prepares to go public through its merger with CF Acquisition Corp. V, a special purpose acquisition company backed by financial services firm Cantor Fitzgerald. Liberty’s investment, which is set to […] More
Austin-based software vendor SolarWinds has purchased information technology monitoring and analytics services provider Monalytic, an acquisition that comes after 10-plus years of partnership between the two companies. SolarWinds said Wednesday it aims to support protected, modernized IT environments for federal clients at any time and adds 16 professionals through the deal. “In supporting our federal customers […] More
Sigma Defense has purchased San Diego-based software development and systems engineering company Solute in a strategy to build a comprehensive portfolio of technology and service offerings for the Department of Defense. Solute CEO John Lyons will continue to manage operations of the acquired business, while the combined entity will work to help customers implement software-based […] More
Juvare has acquired Nusura, a homeland security and emergency management consulting and technology company, for an undisclosed sum. The deal aims to help Juvare serve its national defense and federal emergency management customers by boosting strategic, operational and tactical capabilities, the critical incident preparedness and response technology company said Wednesday. Robert Watson, CEO of Juvare, remarked on […] More
ManTech International has closed its purchase of Technical and Management Assistance Corp., a Columbia, Maryland-based provider of system engineering, software engineering and information technology services in support of intelligence community customers. Kevin Phillips, chairman, CEO and president of ManTech and a previous Wash100 Award recipient, said in a statement published Monday the acquisition is aimed […] More
Advanced Technology International has purchased TechConnect, a global innovation scouting and vetting organization, in a move to help government clients connect to more research and development companies. TechConnect works to identify emerging technologies for agencies, investors and vendors through sprints, challenges and other innovation-focused events, ATI said Tuesday. Through the acquisition, ATI-managed consortia will have […] More
