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Latest Federal & Government Contracting Companies' News Coverage
Health information technology company CNSI and care management services provider Kepro have agreed to merge into a new organization with expanded capabilities to support government-sponsored health care programs. In a joint statement released Wednesday, the companies said CNSI CEO Todd Stottlemyer will take the helm of the new organization while Kepro President and CEO Susan […] More
Three major GovCon sector figures and Wash100 Award winners presented to a packed conference room at Washington Nationals Park in the highlight event of the 2022 Defense and Government Conference hosted by Raymond James. Mergers and acquisitions were a key topic during the lively discussion between John Mengucci, president and CEO of CACI, John Heller, CEO of Amentum, and Carey […] More
Enlightenment Capital has launched a new identity software company and invested in a biometric technology developer as part of its effort to establish its presence in the identity management market. The Vienna, Virginia-headquartered private equity firm said Monday Infinite ID will offer fingerprinting and background screening services to federal, state and local government customers. Tom […] More
L3Harris Technologies looks to expand its communication and networking capabilities through a potential $1.96 billion deal with Viasat for the acquisition of the satellite communication company’s Tactical Data Links business. The purchase of Link 16 product line from Viasat’s government systems segment will include Multifunctional Information Distribution Systems and associated terminals integrated into military assets […] More
Global investment firm Carlyle completed its acquisition of ManTech International and took the government services contractor private through an all-cash transaction worth approximately $4.2 billion. ManTech said Wednesday it stopped trading on Nasdaq following the completion of the deal and that it will continue to operate through its Herndon, Virginia, headquarters. Stockholders at ManTech approved […] More
SkyePoint Decisions announced its acquisition of SNR Government IT Services, a subsidiary of Arrowpoint Corporation, to help the company’s defense customers manage and modernize the security of their networks, systems and applications. “This acquisition reflects SkyePoint’s determined and unrelenting focus on growth and delivering excellence to our federal government customers,” said Frank Sturek, president of SkyePoint. “Our […] More
Digital Intelligence Systems acquired MAKE, a Chicago-based professional and information technology recruiting firm, in August and DISYS CEO and Founder Mahfuz Ahmed said the McLean, Virginia-based staffing and services provider plans to purchase more companies to further expand its presence in the federal contracting market, the Washington Business Journal reported Thursday. “Being in the Washington […] More
Booz Allen Hamilton has completed the sale of its Middle East- and North Africa-focused business to management consulting firm Oliver Wyman. The financial details of the transaction were not made public. As a result of the closed acquisition agreement, the Booz Allen MENA team will be added to Oliver Wyman’s United Arab Emirates and Saudi Arabia offices, […] More
The Department of Energy’s Argonne National Laboratory sees the combination of ColdQuanta and Supertech providing an opportunity for the two companies to help quantum scientists advance their work through new computing technology platforms. Both companies have developed tools that could support research and development efforts at ARL’s Q-NEXT, one of the five National Quantum Information […] More
ICF has finalized its acquisition of public sector-serving health technology company SemanticBits, adding to the digital services and consulting firm’s health information technology capabilities. With the completion of the transaction, ICF now expects to see changes appear on its second quarter financial results when they go live in August, the Fairfax, Virginia-based consultancy said Thursday. […] More
AST SpaceMobile has agreed to sell its majority share in NanoAvionics, a Lithuania-based small satellite mission integrator and bus manufacturer, to Kongsberg‘s defense and aerospace business for approximately $68 million. The deal is anticipated to be completed in the third quarter, subject to customary closing conditions, and to bring about $28 million in net cash proceeds to AST […] More
L3Harris Technologies will acquire an initial 7.2 percent stake in laser communications equipment supplier Mynaric as part of an $11.4 million investment deal. Under the agreement, L3Harris will obtain 409,294 of the Munich-based company’s bearer stock for approximately $27.90 each share and also gain access to select testing platforms such as a satellite link emulator, […] More
