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Tag Archives: Acquisitions

Maximus Meets 3Q Wall Street Earnings Estimate, Beats Revenue Forecast


Maximus (NYSE: MMS) has reported fiscal year 2015 third quarter earnings of 64 cents per share, a figure in line with Wall Street’s consensus projection. That figure includes costs related to the the Reston, Va.-based public sector health and human services contractor acquisitions of Acentia and Remploy, both of which ...

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Louis Addeo, ManTech EVP, to Retire at Year’s End

Louis Addeo

Louis Addeo, executive vice president of corporate development and strategic acquisitions at ManTech International (NASDAQ: MANT), plans to retire from the company on Dec. 31. He informed the company of his plans Monday, according to a Securities and Exchange Commission filing. The news was first reported by Jill Aitoro of the Washington ...

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Mike Corkery: Deltek Aims to Complement ERP Portfolio With Sohnar Acquisition

Mike Corkery

Deltek has acquired London-based program management application developer Sohnar for an undisclosed amount in a move aimed at expanding Deltek’s professional services automation portfolio. Sohnar makes the cloud-based Traffic LIVE product for users to create estimates and quotes and schedule resources for projects.Deltek announced  Thursday. Traffic LIVE contains an online studio, workflow management and ...

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Bonnie Cook Promoted to ManTech Mission Solutions, Services Group EVP Role

Bonnie Cook

Bonnie Cook, a 25-year veteran of ManTech International (NASDAQ: MANT), has been promoted to serve as executive vice president of business operations for the company’s mission solutions and services group. Her previous roles at ManTech included responsibility for helping manage financial operations and to integrate acquisitions, ManTech said Tuesday. As ...

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GovCon Wire Gets Direct Executive View on Market


GovCon Wire‘s executive-driven coverage not only highlights their involvement in significant contract awards and mergers and acquisitions but gets their direct perspectives on what drives the GovCon market and its future trends. Bob Kipps, managing director at investment banking firm KippsDeSanto & Co., casts his eye on the sector’s M&A ...

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CRGT Names ICF, Northrop Vet Sal Fazzolari Strategic Development SVP; Tom Ferrando Comments

Tom Ferrando

CRGT has appointed 30-year information technology industry veteran Sal Fazzolari senior vice president [no explanation]of[/no explanation] strategic development, the company said Tuesday. He will report directly to Tom Ferrando, CEO and president, and have responsibility for identifying and developing strategies to grow revenue in the defense, intelligence and civilian government ...

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Dell Declares First-Ever Cash Dividend; Brian Gladden Comments

Dell‘s (NASDAQ: DELL) board of directors has approved the first cash dividend payable to shareholders in its history, the company announced Friday. Shareholders will receive a quarterly cash dividend of 8 cents per common share, payable to shareholders of record as of the close of business on Oct. 1, 2012. ...

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IT Firm Unicom To Buy GTSI For $76M

Global information technology firm Unicom Systems Inc. will acquire GTSI Corp. (NASDAQ: GTSI) for approximately $76.67 million cash, or $7.75 per share. GTSI announced the per share value of the offer represents a 47.9 percent premium over GTSI’s Friday closing stock price of $5.24 and a 65.6 percent premium over ...

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GovCon Wire’s October M&A Activity Recap: Active Tech Sector, One Big Spinoff

The technology sector was one to watch in October’s merger and acquisition landscape, and a dominant player in the government contracting industry completed a significant transformation. GovCon Wire recorded 10 acquisitions in October and the first week of November, up from the eight we covered in September. Acquisitions IBM (NYSE: IBM) looked ...

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