Raytheon Technologies to Acquire Blue Canyon Technologies

Tetra Tech Acquires BlueWater Federal Solutions

September 29, 2020

IT Services

Tetra Tech, Inc. has acquired BlueWater Federal Solutions, a Chantilly, Virginia–based information technology systems and services firm with more than 350 employees. The acquisition expands Tetra Tech’s advanced analytics, artificial intelligence, and cybersecurity capabilities and brings additional mission-critical federal contract expertise into its Government Services Group; terms were not disclosed.

Vertex Aerospace Acquires Raytheon Technologies' Defense Training and Mission Critical Solutions Business Lines

December 7, 2021

Aerospace & Defense

Vertex Aerospace, owned by private equity firm American Industrial Partners, agreed to acquire Raytheon Technologies' Defense Training and Mission Critical Solutions business lines, a group of businesses that generated approximately $1.0 billion in sales in 2020. The transaction (a divestiture by Raytheon Technologies) adds roughly 2,000 employees to Vertex, expands its training, mission-critical support and modernization capabilities, and broadens its government and commercial aerospace contract portfolio.

ACR Group Acquires Blue Sky Network

July 7, 2022

Aerospace & Defense

ACR Group Corporation has acquired Blue Sky Network; Greenwich Capital Group acted as exclusive financial advisor to Blue Sky Network on the transaction. Blue Sky Network will retain its management, brand and engineering capabilities and will join ACR Group’s portfolio to extend satellite communications, tracking and fleet-management offerings across aerospace, government, maritime and commercial markets.

Panasonic Acquires Blue Yonder

December 26, 2024

Cloud & SaaS

Panasonic Corporation agreed to acquire the remaining 80% stake in Blue Yonder from New Mountain Capital and funds managed by Blackstone for USD5.6 billion (USD7.1 billion including repayment of outstanding debt), valuing Blue Yonder at USD8.5 billion. The acquisition brings Blue Yonder fully into Panasonic to combine Blue Yonder's AI/ML-driven, cloud-based Luminate supply chain platform with Panasonic's IoT, edge and industrial engineering capabilities to accelerate an "Autonomous Supply Chain" strategy.

22nd Century Technologies Acquires BT Federal

January 8, 2026

IT Services

22nd Century Technologies has acquired BT Federal, BT's U.S. government contracting subsidiary, from BT to form a new operating unit branded 22nd Century Networks. The deal expands 22nd Century's managed network and telecommunications capabilities nationwide to support U.S. federal missions; BT said the sale is part of a portfolio simplification and refocus on UK-centric operations. The transaction was cleared by the U.S. Federal Communications Commission.

Lockheed Martin Acquires Terran Orbital (and Tyvak International)

October 30, 2024

Aerospace & Defense

Lockheed Martin has completed its acquisition of Terran Orbital and its subsidiary Tyvak International, adding small-satellite manufacturing, mission services, and modular spacecraft platforms to Lockheed's Space business. The deal brings Terran Orbital's engineering, production sites, and mission capabilities into Lockheed Martin to accelerate development and fielding of mission-ready spacecraft for commercial, civil and national security customers.