M&A Deal Summary

Peraton Acquires Northrop Grumman - Federal IT & Mission Support Services Business

On December 7, 2020, Peraton acquired information technology company Northrop Grumman - Federal IT & Mission Support Services Business from Northrop Grumman for 3.4B USD

Acquisition Highlights
  • This is Peraton’s 3rd transaction in the Information Technology sector.
  • This is Peraton’s 2nd largest (disclosed) transaction.
  • This is Peraton’s 3rd transaction in the United States.
  • This is Peraton’s 2nd transaction in Virginia.

M&A Deal Summary

Date 2020-12-07
Target Northrop Grumman - Federal IT & Mission Support Services Business
Sector Information Technology
Buyer(s) Peraton
Sellers(s) Northrop Grumman
Deal Type Divestiture
Deal Value 3.4B USD

Target

Northrop Grumman - Federal IT & Mission Support Services Business

Falls Church, Virginia, United States
Northrop Grumman's business provides a wide range of advanced technology solutions including cybersecurity, data analytics, cloud, mission-critical application development, and advanced engineering to defense, intelligence, space, civil and health customers.

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Buyer(S) 1

Buyer

Peraton

Herndon, Virginia, United States

Category Company
Sector Communications
DESCRIPTION

Peraton is a provider of technology-focused services and solutions to various federal government agencies, including space, intelligence, defense, civil, and healthcare. Capabilities include complex software and technology services and solutions, and end-to-end mission operations abilities, including software systems development, cyber, modeling & simulation, mission operations, signal intelligence (SIGINT), and quick reaction capabilities (QRC) / research & development. Peraton is based in Herndon, Virginia.


DEAL STATS #
Overall 3 of 5
Sector (Information Technology) 3 of 5
Type (Divestiture) 1 of 2
State (Virginia) 2 of 4
Country (United States) 3 of 5
Year (2020) 1 of 1
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-17 Solers

Arlington, Virginia, United States

Solers, Inc. is an innovative information technology solutions provider to the Department of Defense, Intelligence Community, other federal agencies, and commercial customers. Solers is based in Arlington, Virginia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-27 Perspecta

Chantilly, Virginia, United States

Perspecta, Inc. is a provider of high impact, analytical and technical expertise in the areas of data analytics, system engineering, and integration and cyber security for the U.S. Government and commercial customers. Perspecta is based in Chantilly, Virginia.

Buy $7.1B

Seller(S) 1

SELLER

Northrop Grumman

Falls Church, Virginia, United States

Category Company
Founded 1939
Sector Aerospace
Employees101,000
Revenue 39.3B USD (2023)
DESCRIPTION
Northrop Grumman office in Columbia, Maryland.
Northrop Grumman office in Columbia, Maryland.

Northrop Grumman provides technologically advanced, innovative products, services, and integrated solutions in aerospace, electronics, information and services to our global customers. Northrop Grumman participates in many high-priority defense and government services technology programs in the United States and abroad as a prime contractor, principal subcontractor, partner, or preferred supplier. The Company conducts most of its business with the U.S. Government, principally the Department of Defense (DoD) and intelligence community. Northrop Grumman also conducts business with local, state, and foreign governments and domestic and international commercial customers. Northrop Grumman was formed in 1939 and is based in Falls Church, Virginia.


DEAL STATS #
Overall 14 of 14
Sector (Information Technology) 2 of 2
Type (Divestiture) 14 of 14
State (Virginia) 4 of 4
Country (United States) 12 of 12
Year (2020) 1 of 1
Size (of disclosed) 1 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-09-18 Orbital ATK

Dulles, Virginia, United States

Orbital ATK, Inc. is a designer, builder and deliver of space, defense and aviation systems for customers around the world, both as a prime contractor and merchant supplier. Its main products include launch vehicles and related propulsion systems; missile products, subsystems and defense electronics; precision weapons, armament systems and ammunition; satellites and associated space components and services; and advanced aerospace structures. Orbital ATK was founded in 2015 and is based in Dulles, Virginia.

Buy $9.2B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-15 Deepwave Digital

Philadelphia, Pennsylvania, United States

Deepwave Digital, Inc. enables the incorporation of artificial intelligence (AI) in radio frequency (RF) and wireless systems by supplying customers with an integrated hardware and software solution. Deepwave Digital was founded in 2017 and is based in Philadelphia, Pennsylvania.

Buy -