Author: Jane Edwards|| Date Published: October 13, 2016
Preferred Systems Solutions has purchased Reston, Virginia-based software development services provider Synaptic Solutions for an undisclosed sum in a strategy to expand the former’s contract base and business network in the U.S. intelligence and national security communities.
Josh Cury and Derrick Henley,  co-founders and owners of Synaptic Solutions, will join PSS’ national security group to help advance growth strategies within IC, PSS said Tuesday.
Dean McKendrick, who joined PSS as a senior vice president, leads the company’s national security group.
Scott Goss, president and CEO of PSS, said the acquisition would help the company expand its software development and design, engineering, analytics, big data management and cloud offerings for the intelligence community.
The transaction is the sixth acquisition of PSS in the past two years and is intended to complement PSS’ acquisitions of Leesburg, Virginia-based software engineering company GSM Consulting in November 2015 and Maryland-based system architecture and software design firm Tetra Concepts in January.
The Defense Information Systems Agency’s Defense Information Technology Contracting Organization has awarded Modern Technology Solutions Inc. a potential $416 million contract,…
L3Harris Technologies has secured a potential $200 million follow-on contract from Lockheed Martin to supply insensitive munition propulsion units for…
Preferred Systems Solutions has purchased Reston, Virginia-based software development services provider Synaptic Solutions for an undisclosed sum in a strategy to expand the former’s contract base and business network in the U.S. intelligence and national security communities.
