Latest Federal & Government Contracting Companies' News Coverage
This is part two of our chat with Kevin Kelly, LGS Innovations‘ CEO. Click here for part one. ExecutiveBiz: How would you describe the current state of the GovCon M&A market? What do LGS and other companies look for in potential targets? Kevin Kelly: It is very active. In the course of the last twelve months, LGS has looked […] More
Tom Lydon joined Reston, Va.-based information technology contractor Vistronix in January 2013 as senior vice president of business development and brings almost 25 years of defense industry experience to the company. Vistronix announced three acquisitions in December 2014 – buys of ACG, ExaTech and Objective Solutions — and said the purchases were made to grow in the intelligence sector. Lydon […] More
Gerald Boyd, vice president of southeast operations for Huntington Ingalls Industries‘ Stoller Newport News Nuclear subsidiary, will elevate to the role of VP for business development at SN3. He will be managing acquisitions and partnerships as well as the company’s work with the departments of Energy and Defense and other federal and commercial customers, HII said Monday. “Gerald brings a wealth of knowledge […] More
In his role of chief financial officer at Engility, Mike Alber was one of the leaders that spearheaded the Chantilly, Va.-based services contractor’s $11.50-per-share purchase of Dynamics Research Corp. and pending $1.1 billion acquisition of TASC. As covered on GovCon Wire in December, the Federal Trade Commission has cleared the TASC buy and Engility expects the deal to close during the […] More
Northrop Grumman CEO Wes Bush has said the company remains focused on expanding its services in targeted growth areas, Reuters reported Wednesday. “I’m excited about growing our company with what we have. We get the biggest return on the things we do inside the company,“ Bush told the news agency. He noted the Defense Department's reluctance to support […] More
Denny Clifford joined SkyLink Aviation earlier this year as chief financial officer to manage the company’s financial affairs and participate in the strategic review process. Clifford holds more than 20 years of financial management and military experience in his role at the global aviation and logistics services company. “Denny brings a wealth of experience from […] More
David Melcher, CEO of Exelis, has said the company applied previous spinoff experience in order to carry out the separation of its mission systems business in just nine months, the Washington Business Journal reported Monday. Melcher told WBJ reporter Jill Aitoro in a recent interview he expects the shareholder base of government services spinoff company […] More
Bradley Feldmann elevated to the chief executive post at San Diego-based defense and transportation contractor at Cubic Corp. during the summer after a two-month transition period that saw him succeed William “Bill” Boyle. Feldmann first worked at the company between 1989 and 1999, then returned to Cubic in 2008 and has since led the defense systems segment and […] More
Mark Aslett, CEO of Mercury Systems, predicts the company will be open to acquisitions in the digital signal processing modules market during the next year, the Boston Business Journal reported Tuesday. David Harris writes Aslett said the firm could expand its portfolio by purchasing companies with radio frequency or microwave offerings for electronic warfare. The […] More
UXC, an information technology services provider, has acquired two companies specializing in Oracle and SAP platforms to further grow UXC’s enterprise resource planning software business, CRN Australia reported Thursday. Steven Kiernan writes that UXC disclosed its two new acquisition deals during a market update Wednesday and it expects to close both transactions this month. The […] More
John Thomas joined Leidos as the Reston, Va.-based national security, health and engineering contractor’s chief strategic officer after Leidos’ 2013 separation from the legacy SAIC organization, where he most recently led close-to-13,000 analysts, scientists, engineers, and business professionals as acting president of SAIC’s National Security Sector. Thomas joined SAIC as an executive focused on military […] More
Juniper Networks has acquired cyber attack protection product developer Webscreen Systems for $10 million, Techworld reports. Accumuli Security PLC, Webscreen’s parent, will transfer four Webscreen employees and all Internet Protocol products over to Juniper. Webscreen was founded in 1999 and develops software intended to protect against distributed denial of service, volumetric and application-layer attacks. The […] More
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