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Latest Federal & Government Contracting Companies' News Coverage


Latest Federal & Government Contracting Companies' News Coverage

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Goldman Sachs’ private equity arm has invested $125 million in Fortress Information Security, a software vendor that aims to help critical industries and government agencies secure supply chains. Fortress said Tuesday it collaborated with multiple electric utilities to develop a platform that works to help operators manage the security of power infrastructure, national defense and […] More
CGI Group Inc.‘s President and CEO, Michael E. Roach, is scheduled to present to investors during the Goldman Sachs technology and internet conference at the Palace Hotel in San Francisco, Ca. on February 12, 2013. According to a company statement, the presentation will be an open discussion which will begin at 1:20 P.M. and will […] More
A Manhattan jury has found Sergey Aleynikov guilty of stealing trade secrets and transporting stolen property, in connection with stealing proprietary computer code concerning a high-frequency trading platform from his former employer, Goldman Sachs. According to court documents, Aleynikov was employed at Goldman Sachs as a computer programmer charged with developing computer programs supporting the […] More
Vectrus has completed its all-stock merger with Vertex and formed V2X, a more diversified company that will provide defense, civilian, national security and international customers with mission support offerings. Chuck Prow “Through this transformative combination, we created a company with the scale and ability to compete for large integrated business opportunities by providing full life-cycle […] More
ManTech has initiated an all-cash deal to be purchased by investment firm Carlyle for approximately $4.2 billion in total enterprise value. The national security technology services provider said Monday that the acquisition, in which shareholders will receive $96.00 per share in cash, is estimated to close in the second half of the calendar year 2022. […] More
Scott Salmirs, president and CEO of ABM Industries, has joined the board of directors of ICF, bringing his extensive experience in initiating and maintaining business growth through company strategies and operations. “Scott is a great fit for us. He brings deep proficiency in leading a large, diversified services business across high-profile industries that ICF is […] More

CAE has agreed to buy the military training segment of L3Harris Technologies for approximately $1.05 billion in a strategy to access multiple programs aimed at preparing U.S. warfighters for aircraft and weapon system operations. Montreal-based CAE said Monday it expects to close the transaction in the second half of this year. Marc Parent, president and CEO of CAE, said the company aims to accelerate its growth strategy in the defense and security space through the acquisition and expand its U.S. market presence.


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.“


Booz Allen Hamilton has invested in Tracepoint, a digital forensics and incident response services provider, as both companies aim to help public and private sector clients address cybersecurity threats. Booz Allen said Friday the strategic investment seeks to complement the company's portfolio of cybersecurity offerings for enterprise, defense and federal civilian organizations.

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