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Latest Federal & Government Contracting Companies' News Coverage
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.
Joe Quaglia, president of the Americas at Tech Data (Nasdaq: TECD), told GCN in an interview published Thursday the company’s proposed acquisition of software and cloud technology aggregator DLT Solutions provides an opportunity for Tech Data to capture a share of the federal public sector market.
DLT Solutions has entered into a definitive agreement to be acquired by Tech Data, DLT Solutions announced on Wednesday.Â
Toby O’Brien, chief financial officer of Raytheon, told Defense One in an interview published Thursday that the company “did get some incremental work†when it comes to hypersonics and counter-hypersonics and saw its backlog rise to approximately $750M through the third quarter of 2019.
Mercury Systems has made a strategic investment of $15M to expand its custom microelectronics business and deliver commercial silicon technology platforms to the Department of Defense.
Guidehouse, backed by Veritas Capital, announced on Friday that the company’s acquisition of Navigant Consulting, Inc. has been completed.Â
Carey Smith, chief operating officer of Parsons, said the company’s move to consolidate its federal and infrastructure business units into a single structure has resulted in the elimination of stovepipes, Inside Defense reported Monday.
Don Claussen, an L3Harris Technologies executive, told SpaceNews in an interview published Wednesday about the company’s role in satellite communications, especially in the development of airborne, maritime and ground-based terminals and antennas for warfighters.
QinetiQ announced on Wednesday that the company has entered into an agreement to acquire Manufacturing Techniques on a cash-free, debt-free basis for $105M to be paid in cash on completion. The transaction will more than double the size of QinetiQ’s U.S. operations.
VT Group announced on Tuesday that the company has acquired DELTA Resources, Inc. to enhance its specialization in naval systems engineering and technical services for the U.S. Navy’s shipbuilding and modernization programs.
Centauri has purchased Kord Technologies in a move to expand technology offerings for the defense and intelligence sectors. Dave Dzaran, CEO of Centauri, said the company aims to help government customers address national security threats with the use of technology across the military, intelligence, space, missile and cyber domains.
