Babs Doherty, formerly senior vice president within Preferred Systems Solutions' Eagle Ray Technologies Group, has been promoted to president and CEO of PSS. She will aim to expand the Reston, Virginia-based company's professional services and technology offerings for the government sector.
Read More »Andy Green: SIS Autonomy Unit Purchase Complements HII’s Unmanned Systems Portfolio
TYSONS CORNER, VA, January 7, 2021 — Huntington Ingalls Industries (NYSE: HII) has moved to further expand its footprint in the unmanned systems market with the acquisition of Spatial Integrated Systems’ autonomy business for an undisclosed sum, GovCon Wire reported Tuesday.
Read More »Intelligent Waves Acquires Ski Systems to Expand IC Footprint; Jared Shepard Quoted
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.
Read More »Executive Spotlight: John Song & Jean Stack, Managing Directors with 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.
Read More »Executive Spotlight: Ted Davies, CEO of 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.
Read More »By Light Acquires Raydon to Expand Military Training Offerings; Bob Donahue Quoted
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.
Read More »NuWave Acquires BigBear to Advance Data Analytics; GovCon Expert Reggie Brothers Quoted
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.
Read More »PAE Announces $92M Acquisition of Metis Solutions; John Heller Quoted
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.
Read More »Vectrus Reports Q3 2020 Financial Results; Chuck Prow Quoted
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.
Read More »AFSC Rebrands as Magellan Federal; Oscar Montes Quoted
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.
Read More »Executive Spotlight: John Vollmer, CEO of Amentum, Discusses DynCorp Acquisition
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.
Read More »Accenture Invests $3B to Establish Cloud Division, Names Karthik Narain as Lead; Julie Sweet Quoted
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.
Read More »Jacobs Elects Manny Fernandez to Board of Directors; Steve Demetriou Quoted
Jacobs has elected Manny Fernandez, managing partner at KPMG, to the company’s Board of Directors, Jacobs reported on Thursday. Fernandez will retire from KPMG on Sept. 30th and join the Jacobs’ Board of Directors on Oct. 5th. Fernandez will bring nearly four decades of experience, advising both public and private companies.
Read More »Wolf Den Associates Releases Federal Market Update M&A Trends, Outlook
Wolf Den Associates has released a federal market update on mergers and acquisitions trends and outlook amidst the COVID-19 outbreak.
Read More »Gunnison Names Dave Uehlinger as CFO to Lead Finance, Accounting Division; Gil Dussek, Anne Altman Quoted
Gunnison Consulting Group has appointed Dave Uehlinger to the company’s executive leadership team as chief financial officer to lead the finance and accounting division, the company announced on Thursday.
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