Latest Federal & Government Contracting Companies' News Coverage
TYSONS CORNER, VA, June 22, 2021 — Novetta is slated to be bought by Accenture’s federal arm from global investment firm The Carlyle Group for an undisclosed amount to support the expansion of Accenture Federal Services’ artificial intelligence, cloud and cyber capabilities, GovCon Wire reported June 2. Novetta’s 1,300 data scientists, software developers and other […] More
Blackstone has entered into a definitive agreement with QTS Realty Trust to acquire the latter in an all-cash transaction valued at approximately $10 billion, including the assumption of debt. QTS said Monday Blackstone will purchase all outstanding shares of common stock of the data center solutions provider for $78.00 per share. “We see a significant market […] More
Valid Eval will provide a U.S. Army office, command and laboratory with software and evaluation services needed for selecting non-traditional defense contractor-designed technologies through research and development programs and competitions. The Software as a Service platform provider said Wednesday it received a Small Business Innovative Research Phase III contract for the implementation of large-scale evaluation […] More
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.
CGI announced Tuesday its intent to acquire Sense Corp in an effort to increase the former's digital and cloud capabilities and further expand its presence in Austin, Dallas, Houston and St. Louis. The two companies signed an agreement to proceed with the acquisition, which is expected to be completed in early May.
Maximus has agreed to purchase Veterans Evaluation Services' (VES) parent company for $1.4 billion in support of its long-term corporate strategy for revenue growth and ongoing strategic priority of expanding footprint in the U.S. federal market. The acquisition, which is subject to U.S. antitrust filing requirements and customary closing conditions, is expected to close during Maximus' third fiscal quarter, the company said Wednesday.
Wesley Kremer, president of the missiles and defense business at Raytheon Technologies, talked about how defense contractors speed up the development of weapons systems and related platforms for armed services using digital thread or digital design.
TYSONS CORNER, VA, April 12, 2021 — Ed Casey, most recently CEO of Idemia‘s identity and security business in North America, has joined the board of directors of Tyto Athene following the government systems integrator's acquisition of AT&T Government Solutions.
Executive Mosaic is glad to introduce Tim Conway, executive vice president of NTT Data Services and president of its public sector business, as a recipient of the 2021 Wash100 Award for driving the company's expansion of federal health digital service offerings and helping federal and state governments implement technologies for enhanced customer experience.
Phebe Novakovic, chairwoman and CEO of General Dynamics, has been named a recipient of the 2021 Wash100 Award for her leading company initiatives in meeting federal government requirements and helping defend national security interests. Executive Mosaic congratulates General Dynamics and Phebe Novakovic for her 2021 Wash100 Award. Visit Wash100.com to cast a vote for Phebe Novakovic.
Brett McMillen, director of U.S. federal at Amazon Web Services, told FedScoop in an interview published Monday how federal agencies like the Small Business Administration and the U.S. Census Bureau responded to the COVID-19 pandemic using cloud.
Accenture said Monday it has entered into an acquisition agreement with Cygni in an effort to enhance the global capabilities of Accenture Cloud First. Cygni is a cloud-native full-stack development firm that provides a broad range of information technology (IT) services. According to Accenture, the terms of the transaction have not been disclosed.
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