Richard Tekneci

NYC born and bred. Financial journalist for @Mergermarket, @Dealreporter covering aerospace/defense. Avid Knicks, Giants, Mets, Man United, Mich Wolverines fan.

[Richard Tekneci @RTekMerger]

The aerospace sector continues to see M&A activity as ATL Partners has acquired a majority stake in Aero Accessories. We were first to report on a potential sale.
https://t.co/yPhTlGKZfV

[Richard Tekneci @RTekMerger]

M&A remains quite strong among private equity and the aerospace/defense sector as Arcline Investment portfolio company Qnnect has agreed to acquire Hermetic Solutions from Windjammer Capital. We were first to report on the sale process in August.
https://t.co/7RWneoHVJE

[Richard Tekneci @RTekMerger]

More M&A in the defense sector as L3Harris Technologies has agreed to acquire Viasat’s Tactical Data Link business for $1.96bn. We were first to publish stories on Viasat last year, highlighting the potential divest.
https://t.co/UNIectYpae
https://t.co/E8aFrZDELj

[Richard Tekneci @RTekMerger]

Another large M&A deal involving private equity and the aerospace/defense sector as Veritas Capital has agreed to acquire Sequa/Chromalloy from Carlyle. First to report on the sale process in May.
https://t.co/zFRncroehG
#mergermarket #acuris #iongroup #aerospaceanddefense

[Mergermarket @Mergermarket]

NEW: The sale process for BlueHalo, an Arlington Capital Partners-backed defense engineering company, has narrowed to at least two remaining strategics, said three sources familiar with the matter: https://t.co/WFKOvWllRU

[Richard Tekneci @RTekMerger]

Huge M&A deal in the government services/A&D sector as ManTech agreed to be acquired by Carlyle for around $4.2bn this week. I covered the situation from March, including a report in April mentioning Carlyle's interest in ManTech. One of many scoops we have written in the sector.

[Richard Tekneci @RTekMerger]

As @JamesWardAcuris and I reported in July, AE Industrial-backed Gryphon Technologies was exploring a sale, with ManTech International named as a possible buyer. Today, ManTech announced it signed an agreement to buy Gryphon for $350m. #mergermarket

[Richard Tekneci @RTekMerger]

In another space deal from earlier in the year, @JamesWardAcuris and I reported in March that AE Industrial-backed Redwire was working with Jefferies on a potential SPAC deal. Later that month, Redwire did a $650m SPAC merger with Genesis Park Acquisition Corp. Hot market now.

[Richard Tekneci @RTekMerger]

As I reported back in December, small satellite maker Terran Global was working with Jefferies with the potential for a SPAC deal. Today, it was announced that Terran Global agreed to do a $1.58bn SPAC deal with Tailwind Two Acquisition Corp. https://t.co/9flwxqKSVO

[Richard Tekneci @RTekMerger]

Aerospace and defense continues to soar...https://t.co/OEcS9fSk3F

[Richard Tekneci @RTekMerger]

General Dynamics, Huntington Ingalls win $22 bln contract for U.S. submarines | NASDAQ https://t.co/1Sq6t9KAUM

[Rory Sullivan @RorySullivan1]

Since the Knicks last playoff win, 5,000+ inbound acquisitions have been completed in the U.S. middle-market

[Richard Tekneci @RTekMerger]

Cool top 40 industrial distribution list, http://t.co/IzXyI1F

[The Wall Street Journal @WSJ]

The Pentagon plans to test an unmanned aircraft that could hit speeds of up to 13,000 miles per hour http://on.wsj.com/qu4Pz8

[Richard Tekneci @RTekMerger]

Awesome list of the top 100 government contractors ranked by total value of their government contracts. Lockheed at #1, http://t.co/SmqOLiA

[Richard Tekneci @RTekMerger]

Defense stocks showing slight bounceback Tuesday led by Mercury Computer so far, up close to 5% in early trading. Dow up 204 pts..