NCI Inc. has signed a definitive agreement to purchase 100 percent of the stock of AdvanceMed Corp., one of the largest and most well-established health care integrity program contractors focused on the federal government market. NCI said additional financial and acquisition information would be disclosed at closing in April.
ManTech International Corp. saw its fourth-quarter 2010 revenues reach $697.9 million, a 29 percent increase from $542.1 million in the fourth quarter of fiscal 2009.
Harris Corp. has entered into a definitive agreement to acquire privately held Carefx Corp., a provider of interoperability health care workflow solutions based on its Fusionfx platform, for $155 million.
BAE Systems Inc. has completed its acquisition of L-1 Identity Solutions Inc.’s Intelligence Services Group, which comprises SpecTal LLC, Advanced Concepts Inc. and McClendon LLC. The purchase price was approximately $297 million.
The Obama administration's fiscal 2012 budget proposal trims $1.1 trillion over 10 years, creating a tougher competitive environment for contractors, but many of the details are still lacking.
ManTech International Corp. has acquired TranTech Inc., an Alexandria, Va., provider of information technology, networking and cybersecurity services to the federal government. Financial terms of the acquisition were not disclosed.
EchoStar Corp. plans to buy broadband satellite network provider Hughes Communications Inc. in a deal worth around $2 billion, including the assumption of debt, according to media reports.
Dell Corp. has closed its acquisition of SecureWorks Inc., a provider of information security services. Details of the cash transaction were not reported.
SRA International Inc. today reported $434.8 million in revenue in the second quarter of fiscal 2011, which ended Dec. 31, 2010, for a 5.3 percent increase from $412.8 million in the December 2009 quarter.
Cobham PLC of Dorset, England, a developer of advanced aerospace and defense systems, has crossed the pond to acquire Corp Ten International Inc., a small Baltimore-based surveillance technology company, for $11.5 million with an additional cash consideration is payable of up to $12.5 million between 2012 and 2014 contingent on future performance.
Stockholders of L-1 Identity Solutions Inc. have approved the previously announced merger with Safran SA. The Paris-based firm is buying a scaled-down L-1, following the pending sale of its Intelligence Services Group to BAE Systems Inc.
Raytheon Co. completed its acquisition of Applied Signal Technology Inc. when the tender offer for all outstanding shares expired at midnight, Friday, January 28, 2011, the company announced today.
