Tag Archives: m&a

Intelligent Waves Acquires Ski Systems to Expand IC Footprint; Jared Shepard Quoted

Jared Shepard, CEO of Intelligent Waves

Intelligent Waves has acquired Ski Systems to expand its strategic footprint in the Intelligence Community (IC) by providing disruptive and ultra-secure mobility solutions, the company reported on Monday. Terms of the transaction were not disclosed. “This acquisition plays a major role in fulfilling our vision of helping secure our nation’s most critical communications infrastructures,” said Jared Shepard, CEO of Intelligent Waves

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Executive Spotlight: John Song & Jean Stack, Managing Directors with Baird

Jean Stack and John Song, managing directors of Baird

John Song and Jean Stack, managing directors with Baird, recently spoke with ExecutiveBiz regarding the organization’s recent efforts within mergers & acquisition (M&A), following the close of NuWave’s acquisition of BigBear and Jacobs’ recent purchase of The Buffalo Group. The two leaders also discussed current market trends, and provided insight into Baird's upcoming Government & Defense Conference.

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Executive Spotlight: Ted Davies, CEO of Altamira Technologies

Ted Davies CEO Altamira Technologies

Ted Davies, chief executive officer of Altamira Technologies, a high-end engineering and analytics company focused on the national security market, recently spoke with ExecutiveBiz regarding how the company has continued its growth strategy by adding new leadership, integrating advanced technologies and winning contracts across the federal sector over the last year. 

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By Light Acquires Raydon to Expand Military Training Offerings; Bob Donahue Quoted

Bob Donahue Founder

By Light Professional IT Services has acquired Raydon Corporation, a supplier of virtual, adaptable integrated military training technology. "Raydon will enable By Light to provide end-to-end solutions in support of the Army's virtual training, ultimately advancing warfighter proficiency with an extremely high transfer of skills from simulation to live engagement," said Bob Donahue, founder and CEO of By Light

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NuWave Acquires BigBear to Advance Data Analytics; GovCon Expert Reggie Brothers Quoted

Reggie Brothers, CEO of NuWave and GovCon Expert

NuWave Solutions has acquired BigBear, a cloud-based, big data analytics company that provides solutions to the national security community, NuWave reported on Thursday. Terms of the transaction were not disclosed. "BigBear's data and analytics solutions bolster our existing capabilities to address the entire spectrum of information superiority," said Reggie Brothers, CEO of NuWave and a GovCon Expert

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PAE Announces $92M Acquisition of Metis Solutions; John Heller Quoted

John Heller, president and CEO of PAE

A PAE subsidiary has entered into a definitive agreement to acquire Metis Solutions Corporation, a provider of intelligence analysis, operational and tactical training and program management, for $92 million in cash. “This acquisition expands and builds scale in intelligence analysis, training and program support, all of which are well-funded market areas of the U.S. government and our allied nations," said John Heller, president and CEO of PAE and 2020 Wash100 Award recipient.

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Vectrus Reports Q3 2020 Financial Results; Chuck Prow Quoted

Chuck Prow President

Vectrus has announced its financial results for the third quarter, which ended Oct. 2, 2020. The company reported that the quarter revenue of $352.4 million was down slightly year on year by 2.1 percent due to COVID-19 pandemic related deferrals. "Third quarter results were solid, reflecting improved volumes and margin levels," said Chuck Prow, president and CEO of Vectrus and 2020 Wash100 Award recipient.

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AFSC Rebrands as Magellan Federal; Oscar Montes Quoted

Oscar Montes CEO Magellan Federal

Magellan Health has officially rebranded its Armed Forces Services Corp. (AFSC) subsidiary to Magellan Federal. The move aims to enable Magellan Federal to better communicate its value and differentiation, as well as showcase business capabilities. "As we transition to Magellan Federal and leave behind the AFSC brand, we will continue to put individuals and their families at the center of our services," said Oscar Montes, CEO of Magellan Federal.

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Executive Spotlight: John Vollmer, CEO of Amentum, Discusses DynCorp Acquisition

John Vollmer CEO Amentum

John Vollmer, chief executive officer with Amentum, and 2020 Wash100 Award recipient, spoke with ExecutiveBiz regarding the company’s recent announcement of its planned acquisition of DynCorp. He addressed how the purchase would expand the combined company’s offerings, the expansive culture and the new markets that will come into play after they complete integration. 

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Accenture Invests $3B to Establish Cloud Division, Names Karthik Narain as Lead; Julie Sweet Quoted

Julie Sweet CEO Accenture

Accenture has formed Accenture Cloud First under a three-year, $3 billion investment. The division will help clients accelerate digital transformation to increase speed and scale. Accenture has appointed Karthik Narain to lead Accenture Cloud First and join the Global Management Committee, effective October 1. Accenture Cloud First is a multi-service group of 70,000 cloud professionals that will leverage Accenture’s industry and technology capabilities and ecosystem partnerships.

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