Kratos Defense and Security Solutions Inc., a national security solutions provider based in San Diego, is acquiring Henry Bros. Electronics Inc. through the purchase of all outstanding shares of HBE stock at approximately $7 a share, equivalent to about $45 million in cash.
SBA’s suspension Friday of GTSI Inc. from winning new federal contracts raised questions and concerns within the contracting community -- and maybe a little fear.
Computer Sciences Corp. has acquired Vulnerability Research Labs, a privately held cyber threat intelligence firm in Reston, Va. Financial terms were not disclosed.
Raytheon Co. has acquired Technology Associates Inc., a privately held provider of full life-cycle computer engineering to the U.S. intelligence community. Terms of the acquisition agreement were not disclosed.
Eyak Technologies LLC this morning withdrew its bid to purchase GTSI Inc. through a stock purchase deal.The move comes in the wake of a steep decline in GTSI stock Monday morning.
Commonwealth Technology Inc. has acquired QED Inc., a provider of specialized engineering services to the federal government based in Reston, Va. The purchase price was not reported.
Driven by a variety of events, strong merger and acquisition activity is expected for the balance of 2010 and well into 2011, writes Jean Stack at Houlihan Lokey.
VT Group has acquired the Evergreen Unmanned Systems, a division of Evergreen International Aviation Inc. Financial terms of the transaction were not reported.
L-3 Communications Corp. has acquired 3Di Technologies LLC, a provider of secure satellite communications. Financial terms of the transaction were not disclosed.
SRA International Inc. is selling its Airport Operations Solutions group to ITT Corp., a high-tech engineering and manufacturing company. Financial terms of the deal were not disclosed.
IBM Corp. is buying Netezza Corp., a publicly held provider of high-performance analytics, in a cash transaction for $27 per share or approximately $1.7 billion after adjusting for cash.
Safran, an international high-technology group whose core businesses are in aerospace, defense and security, is buying a scaled-down L-1 Identity Solutions Inc., after the sale of L-1’s intelligence units to BAE Systems Inc. The M&A deals are worth more than $1.6 billion.
The board of directors of GTSI Corp. has again rejected an unsolicited takeover proposal by Eyak Technology LLC to acquire GTSI for $7.00 per share in cash. GTSI initially rejected the $7-a-share offer Aug. 30, two weeks after Eyak, an Alaska Native-owned small business, made the proposal.
