in , , ,

Matt Jones: Sigma Defense Buys Solute to Further DOD Footprint Expansion Strategy

Matt Jones: Sigma Defense Buys Solute to Further DOD Footprint Expansion Strategy - top government contractors - best government contracting event

Sigma Defense has purchased San Diego-based software development and systems engineering company Solute in a strategy to build a comprehensive portfolio of technology and service offerings for the Department of Defense.

Solute CEO John Lyons will continue to manage operations of the acquired business, while the combined entity will work to help customers implement software-based approaches for connecting data, systems and people, Sigma Defense said Wednesday.

Matt Jones, CEO of Sigma Defense, said the acquisition marks another step for the company to further its support to program modernization projects at DOD in various areas such as autonomy, communications and command and control areas.

He added that the company looks to facilitate software enablement for customers’ critical missions through open source and platform-as-a-service delivery concepts.

Solute holds a spot on a $249.7 million U.S. Navy contract vehicle announced in March for technical support services to the military branch’s cybersecurity, intelligence, surveillance and reconnaissance systems. The business also received a $46.6 million Phase III Small Business Innovation Research contract to help the service engineer systems, software and networks.

Sign Up Now! ExecutiveBiz provides you with Daily Updates and News Briefings about M&A Activity

mm

Written by Mary-Louise Hoffman

is a writer of news summaries about executive-level business activity in the government contracting sector. Her reports for ExecutiveBiz are focused on trends and events that drive the GovCon industry to include commercial technologies that private companies are developing for federal government use. She contributes news content to ExecutiveBiz’s sister sites GovCon Wire and ExecutiveGov.

Executive Mosaic Names 2022 Wash100 Award Recipients; Jim Garrettson Quoted - top government contractors - best government contracting event
Executive Mosaic Names 2022 Wash100 Award Recipients; Jim Garrettson Quoted
Tony Crescenzo Elevated to CEO Post at Intelligent Waves; Jared Shepard Quoted - top government contractors - best government contracting event
Tony Crescenzo Elevated to CEO Post at Intelligent Waves; Jared Shepard Quoted