News & Events

Company Press Release
April 14, 2014

Stone Key Group Announces Management Change

Stone Key Group LLC, a private merchant bank focused on providing independent strategic and financial advisory services to, and making proprietary investments in, the Government and Commercial Technology sectors, today announced that Denis A. Bovin and Michael J. Urfirer, both Co-Chairman and Co-Chief Executive Officers of Stone Key Group, have agreed to amicably end their 20-year collaboration. Mr. Bovin has decided to leave Stone Key. Mr. Urfirer will become the firm’s sole Chairman and Chief Executive Officer.

Defense News
December 18, 2013

100 Most Influential People U.S. Defense

This year’s list focuses more on policy, budget and strategic issues, and less on personnel and veterans issues. More

Company Press Release
January 31, 2013

DigitalGlobe and GeoEye Complete Combination

DigitalGlobe, Inc. (NYSE: DGI) (“DigitalGlobe”) and GeoEye, Inc. (NASDAQ: GEOY) (“GeoEye”), today announced the completion of their combination, creating a global leader in earth imagery and geospatial analysis. The combined company will trade on the NYSE stock exchange as DigitalGlobe under the symbol DGI. Based on the closing price of DigitalGlobe stock on January 30, 2013, the combined company has a market capitalization of $2.1 billion. More

Defense News
December 17, 2012

100 Most Influential People U.S. Defense

The U.S. defense community encompasses the best America has to offer: leadership, innovation, technology and vision. It’s a combination that has helped ensure the U.S. has fielded the best-trained, best-equipped military force in the world for nearly a century. More

Company Press Release
July 23, 2012

DigitalGlobe And GeoEye Agree To Combine to Create A Global Leader In Earth Imagery and Geospatial Analysis

DigitalGlobe, Inc. and GeoEye, Inc. announced that the boards of directors of both companies have unanimously approved a definitive merger agreement under which the companies will combine in a stock and cash transaction having approximately $1.1 billion in transaction value and $900 million in enterprise value. The combination of DigitalGlobe and GeoEye will create a global leader in earth imagery and geospatial analysis with a more diversified revenue base, a strong financial foundation and significant growth potential. More

Reuters
September 09, 2011

U.S. Scrutinizes Foreign Defense M&A

U.S. regulators are increasingly taking a tougher stand on foreign takeovers in the defense sector to protect technology designed to deal with the growing and unseen threats of the cyber age. More

Company Press Release
November 15, 2011

Parsons Completes Acquisition of SPARTA, Inc., from Cobham Defense Systems, Inc.

Parsons Corporation, a technology-driven engineering services firm, is pleased to announce that it has received all necessary U.S. government approvals and has completed its acquisition of SPARTA, Inc. (dba Cobham Analytic Solutions), and its subsidiaries, from Cobham Defense Systems, Inc., a wholly owned subsidiary of Cobham plc. More

Company Press Release
October 19, 2011

Parsons Corporation to Acquire Sparta, Inc. from Cobham plc

Parsons Corporation today announced that it has entered into a definitive agreement with Cobham plc pursuant to which Parsons, a leading provider of mission-critical technical services to the U.S. government, will acquire Sparta, Inc. (dba Cobham Analytic Solutions) and its subsidiaries, a wholly owned subsidiary of Cobham plc, for $350 million. More