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Latest Federal & Government Contracting Companies' News Coverage

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Latest Federal & Government Contracting Companies' News Coverage

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Veritas Capital is at the center of the government contracting world with the investment company’s stake in several different major government technology companies, including Peraton and Guidehouse. Ramzi Musallam, CEO and managing partner of Veritas Capital, recently sat down with Executive Mosaic to discuss the New York-based private equity firm’s strategy, its goals for how to tailor its work to […] More
Executive Mosaic has named Ramzi Musallam, CEO and managing partner of Veritas Capital, as one of the inductees into the 2022 Wash100 Award in recognition of his company asset growth strategy and fund management leadership. This marks the seventh consecutive year that Musallam has been included in Executive Mosaic’s annual selection of officials and executives […] More

Ramzi Musallam, managing partner and CEO of Veritas Capital, has received a 2021 Wash100 Award for leading a large number of multi-billion dollar acquisitions to drive exponential growth for the company, Executive Mosaic announced on Tuesday. This marks the sixth consecutive year that Musallam has received the most prestigious award in all of government contracting (GovCon).

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Veritas Capital has completed its $3.4 billion acquisition of Northrop Grumman“™s IT and mission support services business. Veritas announced the multi-billion dollar transaction in December 2020, stating that the transaction will enable Veritas to establish a technology-enabled services platform that can deliver support to a wide range of critical government missions through its combination with Peraton. “The completion of this transaction brings together two dynamic businesses with complementary, mission-critical solutions and capabilities, creating an industry-leading platform with a shared commitment to customer success,“ said Ramzi Musallam, chief executive officer and managing partner of Veritas, and 2020 Wash100 Award recipient.

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Veritas Capital has moved to acquire Perspecta for $7.1 billion and plans to combine the latter to its portfolio company Peraton to expand its position in the government technology market. Perspecta has entered into a definitive agreement for the all-cash transaction. "Perspecta will be well positioned to build on our momentum and continue executing on customer commitments as Perspecta delivers cyber, digital-transformation and mission-focused solutions,“ said Mac Curtis, chairman and CEO of Perspecta and 2020 Wash100 Award recipient. Stu Shea, chairman, president and CEO of Peraton and 2020 Wash100 Award recipient said, "Together, we will create a top-tier, privately-owned government technology business with a focus on missions of consequence.“

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Executive Mosaic is honored to announce Ramzi Musallam, CEO and managing partner of Veritas Capital, as an inductee into the 2019 edition of Wash100 “” Executive Mosaic's annual selection of the most influential voices in the government contracting arena “” for leading the company's mergers and acquisition activity and helping Veritas grow organically.

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Cubic Corporation announced on Wednesday it has accepted a proposal from Veritas Capital and Evergreen Coast Capital to increase the price per share of their pending acquisition of Cubic to $75.00 per share in cash. By accepting the proposal, Cubic has entered into an amended agreement with Veritas and Evergreen. The all-cash transaction will be valued at approximately $3 billion. 

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The PwC Public Sector business acquired by investment firm Veritas Capital in May now operates under the name Guidehouse, ExecutiveBiz has learned. Guidehouse’s website says the company will offer technology, management and strategy consulting services to multiple sectors that include the defense, national security and state and local government markets. The consulting firm is led […] More
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