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
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
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
General Dynamics today completed its acquisition of Vangent Holding Corp., the parent company of Vangent, Inc., a leading provider of healthcare information technology and business systems to federal agencies. The cash transaction, valued at approximately $960 million, was announced on August 16 and is expected to be accretive to General Dynamics’ earnings in 2012. More
Defense companies set to feel the spending ax under a recent U.S. debt deal are making urgent reviews of their strategic options—under pressure to find ways to secure growth in an overall declining industry. More
General Dynamics has entered a definitive agreement to acquire Vangent Holding Corp., the parent company of Vangent, Inc., a leading provider of healthcare information-technology and business systems to federal agencies, in a cash transaction valued at approximately $960 million. More
Kratos Defense & Security Solutions, Inc., a leading National Security Solutions provider, today announced the completion of its acquisition of Integral Systems, Inc. Kratos completed the acquisition through a reverse merger of a wholly owned subsidiary with and into Integral Systems. More
After completing all required approval procedures, Safran today announced that it has finalized the acquisition of L-1 Identity Solutions, Inc., a leading identity management solutions provider in the United States, for a total cash amount of $1.09 billion ($12 per share), which was originally announced in the press release on September 20, 2010. Following this transaction, Safran becomes the world leader in biometric identity solutions. More