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Booz Allen Hamilton announced Tuesday that it has entered into an agreement to acquire Liberty IT Solutions for $725 million in an effort to strengthen the former's digital solutions capabilities and improve the its ability to work with strategic industry partners to help clients adapt and transform. "Liberty IT has been extremely successful in helping to operationalize Salesforce within federal market so it’s not difficult to see why this transaction makes sense for Booz Allen,” said John Song, managing director at Baird, which serves as Liberty’s exclusive financial adviser.

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Executive Mosaic, the leading provider in connecting, promoting and branding government and government contracting (GovCon) executives of consequence, is delighted to announce that John Song, managing director of Baird, has received the first Wash100 Award of his career. Executive Mosaic congratulates Baird and John Song on receiving the most prestigious award in GovCon for the first time.

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John Song and Jean Stack, managing directors with Baird, recently spoke with ExecutiveBiz regarding the organization“™s recent efforts within mergers & acquisition (M&A), following the close of NuWave“™s acquisition of BigBear and Jacobs“™ recent purchase of The Buffalo Group. The two leaders also discussed current market trends, and provided insight into Baird's upcoming Government & Defense Conference.

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EverWatch announced its acquisition of BrainTrust Holdings, a leading provider of innovative technology solutions to the intelligence and defense communities, on Monday for an undisclosed sum to further expand technical service offerings and contract pursuits in the intelligence sector. The deal was overseen by Baird, who served as the exclusive financial advisor to BrainTrust for the acquisition.

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In the wake of reports of a potential BAE Systems–EADS merger, the CEO of General Dynamics said Thursday he does not see a trend of mega-deals between defense contractors, Reuters reports. According to Andrea Shalal-Esa’s story, Jay Johnson told a Morgan Stanley investor conference that once the U.S. defense budget situation becomes more clear, opportunities […] More

Executive Mosaic, a leadership media and events company in the government contracting space, has named the winners of the 2021 Wash100 Award that seeks to highlight the contributions and efforts of the 100 private and public sector leaders in leading government contracting industry's growth and innovation. "We are thrilled to honor the winners of the 2021 Wash100 Award," said Jim Garrettson, founder and CEO of Executive Mosaic. “This is our eighth consecutive year recognizing the outstanding achievements of the most significant GovCon and federal executives in 2020 as well as the vision and success they will continue to bring in 2021 and beyond."

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Due to budget constraints, the Defense Department is now looking for an alternative to bulky and marginalized contracts. Industry players and analysts expect mid-size contractors to thrive during the clamping fiscal environment, the Washington Post reports. Mid-sized contractors typically post revenue margin between $25 million to $35 million, making them too big to enjoy specific […] More

Executive Mosaic is pleased to announce that Gerry Fasano, president of Leidos' Defense Group, has received a 2021 Wash100 Award for driving massive defense contracts with federal customers and spearheading valuable acquisitions, which has expanded Leidos revenue and influence in the marketplace. This marks Gerry Fasano's second consecutive Wash100 Award.

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