M&A Transactions
IonQ, Inc. (NYSE: IONQ) has agreed to acquire Vector Atomic, Inc., a provider of advanced quantum sensors for positioning, navigation, and timing ("PNT") applications within defense markets. The transaction is valued at $392 million.
NewMarket Corp. (NYSE: NEU) has agreed to acquire Calca Solutions, LLC, a portfolio company of AE Industrial Partners and provider of UltraPure and high purity hydrazine products for in-space propulsion applications in satellites, space probes, and other space vehicles within defense and commercial markets. Terms of the transaction were not disclosed.
Rheinmetall AG (XETR: RHM) has agreed to acquire NVL B.V. & Co. KG., a subsidiary of Lürssen and provider of shipbuilding, ship maintenance and repair, and research and development of autonomous maritime surface systems for international defense markets. Terms of the transaction were not disclosed.
Xcelerate Solutions, a portfolio company of McNally Capital, LLC, has acquired the Background Investigation Assets of General Dynamics Information Technology, a subsidiary of General Dynamics Corp. (NYSE:GD) and provider of comprehensive background checks and vetting solutions for the U.S. Department of Homeland Security and Intelligence Community. Terms of transaction were not disclosed.
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