PAE announced on Monday that the company has entered into a definitive agreement to acquire CENTRA Technology, an intelligence analysis service provider focused on providing mission-critical services for the intelligence community and other U.S. national and homeland security customers, for approximately $208 million in cash. The acquisition will specifically strengthen PAE’s intelligence, defense, and national and homeland security businesses.
Read More »Executive Mosaic Announces 2020 Wash100 Award Recipients; CEO Jim Garrettson Quoted
Executive Mosaic, the leading executive media and events company in the government contracting “GovCon” industry, announced the 2020 winners of the highly coveted and prestigious Wash100 Award. The full list of winners and more information about the award can be found on Wash100.com.
Read More »CNAS Fellows: Military Procurement Approaches Convey Different Signals to Industry
Susanna Blume and Mikhail Grinberg, senior fellows at the Center for a New American Security, have said that policymakers should look into the differences between acquisition strategies used at military branches to help inform future defense buying reform efforts.
Read More »John Kavanaugh of Perspecta Delivers Keynote Address at Baird’s 2019 Government & Defense Conference
John Kavanaugh, senior vice president and chief financial officer of Perspecta, was featured as a keynote speaker during Baird’s 2019 Government & Defense Conference on Wednesday at the Ritz Carlton in Tysons Corner, Va.
Read More »Jean Stack Kicks Off Baird’s 2019 Government & Defense Conference
Jean Stack, a managing director at Baird and 2019 Wash100 Award recipient, offered insight into market trends during the financial services company's annual Government and Defense Conference on Wednesday at the Ritz Carlton in Tysons Corner, Va.
Read More »George Mason University GovCon Center Names 10 New Members to Advisory Board
George Mason University’s School of Business has announced the addition of 10 new members to the advisory board of its Center for Government Contracting. “These additional appointments continue our efforts to diversify the composition of the center’s board, from small to large firms, whether products or services, and with business and government representation,” Jerry McGinn, executive director of the Center for Government Contracting, said in a statement released Tuesday.
Read More »Matthew Ritchie Joins Aerospace & Defense Investment Firm Acorn
Matthew Ritchie, a former senior manager at Northrop Grumman‘s technology services sector, has been named managing director of mergers and acquisitions at Acorn Growth Companies. He is based in the investment firm’s Washington, D.C. office and has more than 10 years of aerospace, defense and government services industry experience, Acorn said Wednesday. Robert Hinaman, …
Read More »In the News: Pierre Chao, Founding Partner of Renaissance Strategic Advisors
As defense budget dollars continue to be treated like a precious metal, there is an increased importance placed on additional capabilities, the development of new technologies and an efficient acquisition system that benefits all the players involved. Sitting around this table discussing the past 20-30 years of acquisition reform is …
Read More »Executive Profile: Pierre Chao, Founding Partner of Renaissance Strategic Advisors
Pierre Chao serves as a founding partner of Renaissance Strategic Advisors, where he brings more than 30 years of aerospace and defense strategy management consulting, investment banking and policy analysis experience to his position. He is also a managing partner and co-founder at investment company Enlightenment Capital, a board member …
Read More »Former DoD Acquisition Chief Frank Kendall Joins Leidos Board; Roger Krone Comments
Frank Kendall, former undersecretary for acquisition, technology and logistics at the Defense Department, has been appointed to Leidos‘ board of directors. Leidos said Wednesday Kendall currently serves as executive in residence at Arlington, Virginia-based aerospace and defense advisory firm Renaissance Strategic Advisors. “Frank brings more than 40 years of experience in …
Read More »Pierre Chao, Byron Callan Talk Industry Investments in Defense Tech R&D
Pierre Chao, an industry analyst and founding partner of Renaissance Strategic Advisors, has said many investors remain hesitant to make investments in the defense market due to lack of incentives, the National Defense magazine reported Monday. Sandra I. Erwin writes Chao said at a Center for Strategic and International Studies-hosted …
Read More »Report: UTC in Talks with Multiple Bidders for Sikorsky
United Technologies Corp. has confirmed that it is currently in negotiations with multiple bidders for the acquisition of UTC subsidiary Sikorsky Aircraft, Defense News reported Saturday. Andrew Clevenger writes that sources have named the bidders as Airbus, Blackstone, Lockheed Martin and Textron. The report said the news comes after UTC announced its plan …
Read More »Brett Lambert Joins Northrop as Corporate Strategy VP; Mark Caylor Comments
Brett Lambert, formerly an executive-in-residence at Renaissance Strategic Advisors, has joined Northrop Grumman as vice president of corporate strategy. He will report to Mark Caylor, corporate vice president, president of enterprise services and chief strategy officer, Northrop said Tuesday. In his new role, Lambert will oversee the company’s development and implementation …
Read More »Brett Lambert Named RSAdvisors’ Executive in Residence; Pierre Chao Comments
Brett Lambert has been elected to serve as the executive in residence at Renaissance Strategic Advisors, where he will help provide strategic and market advice to the firm’s clients. Lambert was most recently the deputy assistant secretary of defense for manufacturing and industrial base policy, RSAdvisors announced Tuesday. He has …
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