Cubic to consider second acquisition offer

Cubic Corp. will look at an unsolicited proposal to acquire the company by Singapore Technologies Engineering, whose bid has come over the top of what Veritas Capital and its activist hedge fund partner agreed to pay.

Peraton revels in hidden gems its Northrop and Perspecta deals bring in

Peraton is not going to be a large platform builder or try its luck at commercial markets after adding the former Northrop Grumman IT business and later its pending deal for Perspecta, but it is talking up the added product and patent content through both deals.

Startup satellite imagery provider gets In-Q-Tel backing

Capella Space, a startup commercial satellite imagery provider, is partnering with the intelligence community’s venture capital investment arm to further accelerate product development and delivery in the government arena.

KBR moving ahead with Centauri now fully in the fold

KBR's acquisition of Centauri late last year was the largest and most transformational in the buyer's own words. With the integration done, KBR's focus is now focused on further growing its government market share.

Navy hands down $778.9M modernization support awards

Eleven companies will compete for task orders to help the Navy in its platform modernization efforts under a $778.9 million contract.

Leonardo DRS sets its IPO size & specs

Leonardo DRS reveals the stake it is offering investors through an initial public offering that sees the Italy-based parent retain both effective control of the business and a presence in the U.S. defense market.

Cyber firm IronNet finds buyer to take it public

IronNet, the cybersecurity firm founded and led by retired Army Gen. Keith Alexander, will become a publicly-traded entity by merging with a blank check firm that includes two L3 Technologies founders in its leadership ranks.

Parsons lays out its three-year blueprint

Parsons Corp. showed more of its hand on the growth strategy and continued evolution of the business when it returned to the public markets two years ago. Here is how the company recently took investors through its blueprint for the next three years.

CACI signs off on $500M stock buyback

CACI International is the lone publicly-traded government technology services company that tells investors upfront to not expect dividends on the stock, but it is pulling the lever on share repurchases with this $500 million buyback.

PAE sees its second year of being public looking much like the first

PAE's first year of being a publicly-traded government services company began a mere handful of weeks before the coronavirus pandemic was declared and their outlook for 2021 sees some of those effects carrying over.

How L3Harris is balancing internal focus & external pursuits

L3Harris Technologies as we know it is 20 months old, which puts the self-touted Sixth Prime roughly halfway through the effort to make its two big pieces into one and company executives further detailed where they are in that process to investors.

Tick-tock: How Cubic decided on its sale to Veritas & activist fund

Veritas Capital and its activist hedge fund partner kept up their pursuit of Cubic Corp. over the course of five months and they apparently were quicker to act than the other prospective bidder.

Two Six Technologies unveils new board members

Two Six Technologies unveils four new members of its board of directors nearly a month after the company launched with its new identity.

Iridium board adds Maxar exec

Iridium Communications said Tuesday its board of directors has elected a new member in Tony Frazier, a lead executive at Maxar Technologies.

Booz Allen grows defense leadership team

Booz Allen Hamilton brings back one of its former employees in Matice Wright-Springer, who joins the leadership team in the firm's defense group.

Contractors' COVID cost relief provision extended through September

Government contractors are poised to get an extension of a rule that lets them seek reimbursements of paid leave costs from agencies if contract work is disrupted because of the coronavirus pandemic.

Cerberus brings back Nixon

Private equity firm Cerberus Capital Management brings back a familiar face in Greg Nixon to help identify more investment opportunities.

Navy chooses 11 for $249.7M cyber & ISR support contract

The Navy selects 11 companies for a $249.7 million contract to support operations in cybersecurity and intelligence, surveillance and reconnaissance systems.

AT&T divesting defense IT professional services business

AT&T is retaining a lot of federal work as the telco giant sells its defense IT professional services business to private equity-backed integrator Tyto Athene, which is getting a lot on the other end of the equation.

Defense Intell Agency picks dozens for $12.6B IT contract

The Defense Intelligence Agency chooses dozens of companies, including at least 100 small businesses, for a much-anticipated $12.6 billion IT services contract vehicle.