Processing....
Latest Federal & Government Contracting Companies' News Coverage
Booz Allen Hamilton has completed the acquisition of Liberty IT Solutions for $725 million in an effort to enhance the former’s ability to deliver end-to-end digital offerings and expand its digital transformation portfolio. Liberty will now operate as a Booz Allen company and integrate with its Civilian Services Group led by Executive Vice President Kristine […] More
Accenture Federal Services announced on June 1 that it agreed to acquire Novetta and Tiffanny Gates, president and CEO of Novetta and a 2021 Wash100 Award recipient, said the transaction presents an opportunity for both companies, CRN reported Wednesday. “Teaming with Accenture Federal Services will be an opportunity for both of us,” said Gates. “Not […] More
FireEye CEO Kevin Mandia said the separation of FireEye’s products business from Mandiant Solutions through the sale of the former will allow Mandiant to scale its software-as-a-service offering – Mandiant Advantage – to deliver cyber intelligence, automated defense, security validation and related services, The Washington Business Journal reported Friday. On June 2, a Symphony Technology […] More
BigBear.ai, a leading provider of artificial intelligence, machine learning, cloud-based big data analytics, and cyber engineering solutions, and GigCapital4, Inc. announced on Friday that the two companies have entered into a definitive merger agreement that will result in BigBear.ai becoming a publicly-traded company. “This is an absolutely mission-critical service for our defense and intelligence customers, […] More
Science Applications International Corp. has entered into a definitive agreement to acquire federal health information technology company Halfaker and Associates for approximately $250 million in cash. SAIC named King & Spalding as its legal counsel, while Halfaker tapped Robert W. Baird & Co. to serve as exclusive financial advisor and Crowell & Moring as legal […] More
John Goodman, CEO of Accenture Federal Services, said acquiring Novetta will provide AFS access to artificial intelligence, data analytics, cybersecurity, machine learning and other core capabilities that are currently in demand among federal government customers, The Washington Business Journal reported Wednesday. Accenture’s federal arm announced on Tuesday that it agreed to buy Novetta from global […] More
Affiliates of private equity firms Clayton, Dubilier & Rice and KKR have agreed to acquire Cloudera for approximately $5.3 billion in an all-cash transaction. The acquisition is expected to conclude in the second half of 2021, subject to the approval of Cloudera shareholders, antitrust approval and other customary closing conditions, Cloudera said Tuesday. Jeff Hawn, […] More
Public sector software provider GCOM has acquired Qlarion, a data analytics and business intelligence firm, for an undisclosed sum as part of efforts to expand the delivery of data analytics and technology platforms and services to state and local government customers. “Liberating data will enable governments, at all levels, to make more informed decisions, creating […] More
ExecutiveBiz recently had the chance to speak with Robert Silverman, executive vice president with Booz Allen Hamilton and 2021 Wash100 Award recipient, to discuss Booz Allen’s work in the digital battlespace, the company’s M&A activity and strategy, the challenges of mixing company cultures in acquisition and the latest opportunities for Booz Allen to drive growth in […] More
Joe Logue, CEO of Two Six Technologies, said the newly formed company is considering acquisitions with a focus on businesses that offer products and some services, Inside Defense reported Thursday. “We’re trying to stick to cyber, information operations, electronic systems, mobility, 5G is a big one for us,” Logue said. “We are just looking at […] More
Vertosoft, the company driving emerging technology growth for the government, announced a new partnership with SpyCloud, the leader in cyber fraud prevention, to protect customers of government digital services from identity theft and other cybercrime. “SpyCloud offers powerful solutions for government agencies to continuously monitor, prevent and investigate online cyberattacks,” said Jay Colavita, founder, and president of Vertosoft.
TYSONS CORNER, VA, May 12, 2021 — John Kavanaugh, most recently chief financial officer at Perspecta, joined Peraton as CFO in a series of leadership appointments resulting from the combination of the two government contractors via a $7.1 billion all-cash transaction backed by private equity firm Veritas Capital, GovCon Wire reported April 30.
