Thursday Transactions

This week, BAE Systems finalized the acquisition of Atlantic Marine following approval from the government. In May, BAE announced an agreement to purchase Atlantic Marine from JFL-AMH Partners, LLC, a portfolio company of the private-equity firm J.F. Lehman & Company for $352 million.

And CGI Group has once again extended its $903 million tender offer for Stanley. The new extension lasts through August 2.  The previous extension expired last week.

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ERAPSCO

ERAPSCO to Produce AN/SSQ-125 Sonobuoys Under $71M Navy Contract Modification

A joint venture between Ultra Electronics and Sparton has landed a two-year, $71.3 million contract modification to manufacture and deliver up to 20,000 anti-submarine warfare acoustic sensors to the U.S. Navy.

Leidos

Leidos Awarded $58M Contract Modification to Help DISA Update Artillery Tactical Data Systems

Leidos has secured a $58 million contract modification from the Defense Information Systems Agency to continue its work to modernize systems that automate artillery operations. The company will use a revised code convergence strategy to update the Advanced Field Artillery Tactical Data Systems, the Department of Defense said Wednesday.

Avenger ER General Atomics

FAA Certifies General Atomics-Made Extended Range Drone for Testing in US Airspace

General Atomics' aeronautical systems business has received the Federal Aviation Administration's approval to test a second Avenger Extended Range unmanned aircraft system in U.S. national airspace. The company said Wednesday it will use the FAA-granted experimental certificate to expand Avenger ER's testing activities for internal research and development, as well as contracted efforts.