L-3 Communications Corp. has acquired Airborne Technologies Inc., which specializes in aeronautical engineering services for unmanned aircraft systems. Terms of the transaction were not disclosed.
Wyle Inc. has entered into a definitive agreement to acquire CAS Inc., a division of ITT Corp., creating a combined entity that will have pro forma 2009 revenues of approximately $1 billion.
Boeing Co. has completed its $775 million acquisition of Argon ST Inc., a Fairfax, Va., developer of Command, Control, Communications, Computers, Intelligence, Surveillance, and Reconnaissance systems as well as combat systems.
Aecom Technology Corp., a Los Angeles-based provider of professional technical and management support services for government and commercial clients, is acquiring McNeil Technologies Inc. from private equity firm Veritas Capital.
CGI Fairfax Corp. has once again extended its cash tender offer to purchase all outstanding shares of common stock of Stanley Inc. for $37.50 per share.
In an effort to accelerate growth in the future, some companies in the IT and professional services market are increasing their investments in this difficult period at the expense of earnings, writes Bill Loomis of Stifel Nicolaus.
Dynamics Research Corp. has sold its Metrigraphics Division to private equity firms Clarkston Merchant Partners LLC and New England Capital Partners. Financial terms of the transaction, which took effect July 19, were not reported.
SAP AG, through its indirectly wholly owned subsidiary Sheffield Acquisition Corp., has again extended the expiration of its cash tender offer for all outstanding shares of common stock of Sybase Inc. because certain conditions to the offer are not yet satisfied.
SRA International Inc. has acquired Sentech Inc., an energy management consulting company with expertise in renewable energy, distributed generation, energy efficiency and advanced transportation technologies.
SAS has made its second major purchase within two months with the completion of its acquisition of Vision Systems & Technology Inc., a provider of analytic intelligence solutions to the U.S. intelligence community. Financial details were not released.
MCR LLC has acquired a portion of Alion Science and Technology Corp.’s business that provides expert program management and technical services to the Office of Naval Research. Financial terms of the deal were not disclosed.
The age of portfolio shaping has begun as Northrop Grumman, Lockheed Martin and Boeing all make moves to protect their business and focus on growth markets.
CGI Fairfax Corp. has again extended its cash tender offer to purchase all outstanding shares of common stock of Stanley Inc. for $37.50 per share in cash. The purchase price is expected to be approximately $1 billion.
Boeing continued its expansion into the cybersecurity realm this week with the acquisition of Narus Inc., a provider of real-time network traffic and analytics software.
Cerberus Capital Management LP affiliates has completed its acquisition of DynCorp International Inc. for approximately $1.5 billion. DynCorp International becomes a wholly owned subsidiary of Cerberus.
