M&A Transactions
Anduril Industries, Inc. has acquired Popoto Modem, a provider of underwater communications and signal-processing technologies for private sector and U.S. federal government defense and naval end markets. Terms of the transaction were not disclosed.
Blackstone, Inc. (NYSE: BX) has acquired Technology Service Corporation, a provider of advanced sensors for critical weapon systems for U.S. federal government defense and other end markets, and Applied Systems Engineering, Inc., a provider of GPS/INS navigation systems, flight-control computers, weapon-system electronics and precision guidance technologies for U.S. federal government defense and other end markets. Terms of the transaction were not disclosed.
CNI Federal Services, a subsidiary of Chickasaw Nation Industries, has acquired SNR Systems, a provider of network engineering, IT consulting and software development to U.S. federal government agencies, military branches and defense contractors. Terms of the transaction were not disclosed.
Edgewater Federal Solutions, a portfolio company of Blue Delta Capital Partners, has acquired Redline Performance Solutions, a provider of high-performance computing ("HPC"), advanced cloud computing and scientific programming solutions for private sector and U.S. federal government markets. Terms of the transaction were not disclosed.
Expedition Technology, a portfolio company of Enlightenment Capital and Razor's Edge Ventures, has acquired Millennial Software Solutions, Inc., a provider of advanced sensor processing systems, cutting-edge artificial intelligence and machine learning-powered solutions for U.S. federal national security markets. Terms of the transaction were not disclosed.
FVLCRUM Funds has acquired Fidelity Technology Services, a provider of military simulation, training systems and field support services to private sector and U.S. federal government defense and naval markets. Terms of the transaction were not disclosed.
OceanSound Partners, L.P. has acquired a majority stake in IMSAR, LLC, a provider of small, high-performance synthetic aperture radar ("SAR") payloads and mission software for unmanned and manned aircraft within U.S. federal government aerospace and defense end markets. Terms of the transaction were not disclosed.
Science Applications International Corporation (NASDAQ: SAIC) has acquired Information Security Corporation, a developer of mission-critical cryptographic infrastructure solutions for private sector and U.S. federal government defense and intelligence markets. Terms of the transaction were not disclosed.
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