GovCon M&A Corner
Leidos acquires Cobham’s special mission business.
Leidos announced it has entered into a definitive agreement with Cobham Limited to acquire Cobham Aviation Services Australia’s Special Mission business. The Special Mission business provides airborne border surveillance and search and rescue services to the Australian Federal Government. The acquisition is subject to customary closing conditions, including regulatory approvals.
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By Light Professional IT Services acquires Veraxx Engineering Corp.
By Light (a portfolio company of Sagewind Capital), a systems integrator providing reliable, cost-effective IT, leading edge training and simulation platforms and cyberspace operations to federal and commercial clients, announced that it has acquired Veraxx Engineering Corporation. Veraxx is a leading provider of immersive, high-fidelity flight simulation training technologies primarily for the DOD.
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Antarctica Capital acquires controlling interest in Descartes Labs.
Antarctica said it bought a controlling stake in Descartes Labs for an undisclosed sum. Descartes Labs provides analysis from a mix of third-party satellites with a cloud-based platform that helps companies make forecasts related to agriculture, energy, sustainability, mining, shipping, financial and other services. The company also supports government customers in processing multi-source geospatial data. Descartes Labs was spun off from the DOE’s Los Alamos National Laboratory in 2014.
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CIS acquires Intrepid Solutions and Services
IS Secure, the leader in secure collaboration, tactical communications and protected personal mobility solutions, announced the acquisition of Intrepid Solutions and Services, LLC. Intrepid Solutions provides information technology modernization, data analysis/cybersecurity services, and intelligence training/support, primarily to the defense and intelligence communities. The combined companies will be able to develop, integrate, and deliver critical security solutions for the national security infrastructure.
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