Wire · operational-macro
B&A Completes Intelligent Waves Acquisition
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Fusion42 · 22 September 2026 · Fusion42 review
B&A has completed the acquisition of Intelligent Waves, integrating its cybersecurity, network engineering, and data science capabilities that serve the Department of War and intelligence community. Intelligent Waves’ proprietary products GRAYPATH, Phantom, and STRIKE will be immediately transferred to B&A, which is backed by DFW Capital Partners.
This Wire brief sits within Fusion42's coverage of Cybersecurity.
◆ ◆ The Wire takeaway
Big defence contractors like B&A are growing by buying specialised cyber and network tech firms, not building internally; your firewall or network monitoring product just became a potential acquisition target or a partner target.
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1 source · 22 Sep 2026
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