Transactions

Blackstone's new defense tech company and more capital markets action to highlight

This roundup of transactions across the landscape also includes three venture rounds and two "SPAC" arrangements to take companies public.

B&A acquires secure communication tech developer

Intelligent Waves designs its products for agencies to use for modernization and edge communications initiatives.

Find opportunities — and win them.

ITC Federal to buy Capgemini's US federal subsidiary

ITC Federal is bringing in a business that specializes in Salesforce and ServiceNow implementation efforts.

How Steampunk's design intelligence focus stood out to MetroStar

This framework for building digital and technical offerings for federal agencies will greatly shape the combined company's future, MetroStar Systems CEO Ali Manouchehri tells us.

Xpect Solutions buys Amivero to bulk up AI, automation capabilities

The deal bulks up Xpect's national security portfolio, as the NewSpring-backed company builds out its mission tech stack.

Valiant divests O&M business to private equity firm

The newly independent Vulcan Government Services will focus on facility operations, maintenance, and logistics services.

How Rocketdyne is re-entering the space sector as a standalone entity

The six-decade-old space propulsion systems maker brought its old name back and is ramping up to fulfill demand for its products, as a partner for Rocketdyne's majority owner tells us.

Castelion, Muon Space complete Series C funding rounds

Both startups are using their newfound capital to accelerate production of their hypersonic weapons and satellites.

AEVEX enters water with $600M BlackSea acquisition

The cash-and-stock agreement expands AEVEX beyond drones into surface and underwater autonomous systems.

Boeing's sale of Insitu and more transactions to note

Acentra Health and Precise Systems move on acquisitions with their private equity backers as FedTec becomes part of a larger, more global enterprise.

Hadrian fetches $1.37B to add more automation-intensive factories

The six-year-old company has four sites for making precision parts and other components, with plans for more facilities in-the-works.

Veritas to merge Steampunk into MetroStar Systems

The combination pairs MetroStar's artificial intelligence and digital transformation work with the delivery model of Steampunk.

Leonardo DRS views Raft's software as the 'thinking part'

In talking with Wall Street, Leonardo DRS CEO John Baylouny explains the technology equation that led the company to move on this $450 million cash purchase.

Rocketdyne returns to the market

AE Industrial Partners is now in place as majority owner of the company, whose portfolio includes a rocket engine and propulsion systems.

McNally Capital adds Tenica to its national security bench

Tenica brings mission support and cybersecurity services to McNally’s growing defense and intelligence portfolio.

K2 Space fetches $500M for its move to mass production

The four-year-old large satellite maker is pushing to build as many as 100 of them per year, some of which are contracted to be a part of the Golden Dome missile defense system.

L3Harris presses pause on Missile Solutions IPO plan

In talking with Wall Street, L3Harris Technologies CEO Chris Kubasik lays out the company's new timeline for the initial public offering and blueprint for positioning the business to investors.