M&A Activity

NCI Forms Strategic AI Partnership with Machine Learning Company Tanjo

NCI Information Systems announced a strategic partnership with Tanjo, Inc. on Tuesday. NCI will leverage Tanjo’s proprietary machine learning technology to combine new data analytics methods with its artificial intelligence platform Shai (Scaling Humans with Artificial Intelligence) to deliver real-time insights and actionable intelligence to federal customers.

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Bernie Guerry: General Dynamics IT Consolidates Facilities, Adopts New Operating Model Since CSRA Purchase

Bernie Guerry, chief operating officer of General Dynamics’ information technology business, said GDIT has consolidated over 50 facilities as well as data centers since the parent company closed its approximately $9.7B purchase of CSRA in April 2018, Inside Defense reported Friday. GDIT implemented a centralized operating framework for contracts, security, finance, human resources and other functions to "take advantage of scale and be able to move resources, scale resources when and where needed," he told reporters Thursday.

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Sudhakar Kesavan, ICF Chairman & CEO, Inducted to 2019 Wash100 for Leading ICF to Financial Success and Multiple Contract Awards in 2018

Executive Mosaic is honored to introduce Sudhakar Kesavan, chairman and CEO of ICF, as an inductee into the 2019 Wash100 — Executive Mosaic’s annual selection of the most influential voices in the government contracting arena — for leading ICF to great financial success and multiple contract awards in 2018. This marks the second Wash100 Award for Kesavan.  

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Incoming SAIC CEO Nazzic Keene on Engility Acquisition, DoD’s Increasing Interest in Space

Nazzic Keene, chief operating officer of Science Applications International Corp., told the Washington Post in an interview published Friday the acquisition of Engility provides SAIC an opportunity to expand its presence in the intelligence community and military space industry. “That diversification I believe sets us apart a bit from everybody else,” Keene, a 2019 Wash100 winner, said of the Engility transaction.

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James Reagan: Leidos More Interested in Products Companies

James Reagan, executive vice president and chief financial officer of Leidos, has said the company is more interested in buying products companies than services providers, Inside Defense reported Tuesday. “We don't need more of what we've got. … The things that we're looking for to build the company inorganically would be the kind of company with both a services and product differentiator,” he told analysts during the company’s earnings call Tuesday.
 

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Tony Moraco: Engility Purchase Allows SAIC to Pursue Larger-Scale Contracts in Space, Intell Markets

Tony Moraco, CEO of Science Applications International Corp., told The Washington Post in an interview published Sunday the added scale brought by the $2.5B acquisition of Engility allows SAIC to go after larger business opportunities and new markets in the federal government. “This allows us within this market to pursue and deliver on larger-scale contracts, predominantly in the space and intelligence markets, as well as mission assurance and spaceflight,” he said of the transaction.

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