CACI International Inc. has signed a definitive agreement to acquire software engineering company Pangia Technologies LLC. Financial details of the transaction were not reported.
The Internet-calling service Skype Technologies, which is being bought by Microsoft Corp., is firing senior executives, a move that reduces the value of their payout, Bloomberg News reports.
General Dynamics Corp. is acquiring Fortress Technologies Inc., a provider of secure wireless networking equipment for the U.S. military and other government customers. The value of the cash deal was not announced.
Honeywell International Inc. has signed a definitive agreement to pay approximately $491 million to acquire EMS Technologies Inc., a provider of connectivity solutions for mobile networking, rugged mobile computers and satellite communications.
Science Applications International Corp. has completed the sale of its operations focused on providing specialized IT services to oil and gas companies to Wipro Ltd., of India.
Despite the buffeting from the sputtering economy and the uncertainties of the federal marketplace, Raytheon had a busy – and profitable – year in 2010.