KippsDeSanto’s Bob Kipps on GovCon M&A Market in 2020

Bob Kipps
Bob Kipps

Bob Kipps, co-founder and managing director of investment bank KippsDeSanto & Co. and a former Wash100 award winner, told the Washington Business Journal in an interview published Thursday that the company is “bullish” as it looks to the mergers and acquisitions market for government contracting in 2020.

“We expect it to be a very good year, although we could see there being a pause on some kinds of businesses based on the outcomes of the primaries and the ultimate election,” Kipps said. “But generally, we still see the same level of tailwinds with respect to economic confidence, low interest rates and capital availability that have continued to fuel gov-con M&A. I don’t see really a recession in the next two quarters.”

He said modernization and change is another factor that continues to drive M&As in addition to favorable capital markets and economic environment. “In the defense world, we’re playing catch-up in space and in hypersonics against some major nation-states and enemies like China and Russia,” he added.

Kipps also offered updates on the transition since Capital One acquired KippsDeSanto in August.

You may also be interested in...


Microsoft Azure Government Now Offers 142 Services With FedRAMP’s High Provisional Authorization

Microsoft now has 142 cloud services certified with high provisional authorization to operate under the Federal Risk and Authorization Management Program, which aims to standardize the security of cloud products used in the federal government. The company said in a blog post published Thursday its offerings under the Azure Government cloud work to boost the security and compliance of federal agencies.

MCR Federal

MCR Federal Working to Provide Space Force With Modernized C2 Software

MCR Federal secured a contract in May to help the U.S. Space Force implement new command and control software equipped with modernized applications in an effort to replace aging space C2 software tools.

X-57 Maxwell

NASA to Hold High-Voltage Ground Tests for X-57 Electric Aircraft

NASA is slated to conduct ground tests for high-voltage operation of an experimental plane being designed by Empirical Systems Aerospace to help the agency create certification requirements for electric aircraft units.