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Tag Archives: STG

Weekly Roundup September 12 – September 16 2016: The Stock That Lifts During Rate Hike Chatter & more

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September 12 – September 16 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson For those of us who follow financial markets and in particular U.S. GovCon stocks, let’s take a deep breath during this slightly slower Friday session and take a brief look …

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Former Parsons Exec Phillip Lacombe Joins STG Group as President, COO

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Phillip Lacombe, former head of the commercial cybersecurity and secure mission solutions businesses at Parsons, has been named president and chief operating officer at Reston, Virginia-based government services contractor STG. STG said Sept. 6 he will lead the company’s efforts to identify new business opportunities and develop new platforms for clients in the defense and national security technology sectors. …

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Tim Denning Named STG Business Development VP; Paul Fernandes Comments

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Tim Denning, director of IDIQ management at STG since 2014, has been named vice president for business development at the Reston, Virginia-based information technology services contractor. Denning will be responsible for helping develop and implement the company’s organic growth strategies and will lead its business development and capture functions in his new position, STG said Wednesday. …

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Dean McKendrick Joins Preferred Systems Solutions as Nat’l Security Group SVP

Dean McKendrick

Dean McKendrick, formerly a vice president at ManTech International (Nasdaq: MANT), took a new role as Preferred Systems Solutions‘ senior vice president for its national security group in December. McKendrick brings more than 35 years of big data analytics and insider threat experience to PSS in an effort to boost its …

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GDEF Completes STG Acquisition; Simon Lee to Chair Merged Company’s Board

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Acquisition firm Global Defense & National Security Systems (Nasdaq: GDEF) has wrapped up its purchase of information technology services contractor STG for $165.5 million in cash and stock. The deal seeks to integrate STG’s federal government sector clients and cyber and software platforms with GDEF’s network of partners in the national security and defense sectors, STG …

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CRGT Vet Charles Cosgrove Joins STG as CFO; Paul Fernandes Comments

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Charles Cosgrove, formerly chief financial officer at systems integrator CRGT, will join Reston, Va.-based government contractor STG in the same role on Nov. 6. “Cosgrove has the ideal combination of experience as a public company CFO with in-depth knowledge of the U.S. federal government and technology markets,” Paul Fernandes, president and chief …

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Weekly Roundup Aug 17 – Aug 21 2015: Sequestration Discussion Resurfaces, American Systems’ Latest Acquisition & more

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Weekly Roundup Aug 17 – Aug 21 2015 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson The specter of potential sequestration cuts in fiscal year 2016 — which starts Sept. 30 — surfaced again this week in a letter signed by all 46 Democratic …

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Eric Wieman Joins A-TEK as COO, EVP; Kathryn Freeland Comments

Eric Wieman

Eric Wieman, formerly senior vice president and general manager of the civil sector at STG, has joined Maryland-based information technology contractor A-TEK as chief operating officer and executive VP. Wieman will collaborate with A-TEK CEO Kathryn Freeland in tactical and policy framework implementation, A-TEK said Monday. He will also oversee corporate development, operations …

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SEC Taps 9 Firms for $250M Program Mgmt Services IDIQ

Contract

The U.S. Securities and Exchange Commission has awarded nine companies spots on a potential five-year, $250 million indefinite-delivery/indefinite-quantity contract to provide business support and program management services. Awardees will compete for task orders to assist SEC in the agency’s mission areas such as financial regulation and enforcement, information technology, operations, economic …

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Acquisition Company GDEF to Buy STG in $165M Cash-Stock Deal

acquisition, merger

Acquisition company Global Defense & National Security Systems (NASDAQ: GDEF) has agreed to purchase Reston, Va.-based government contractor STG for approximately $165.5 million in cash and stock, GDEF said Wednesday. GDEF expects to close the $10.55-per-share transaction in the third quarter of the company’s 2015 fiscal year and the deal is subject to the approval of its shareholders. The company’s fiscal year …

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