Hello, Guest!
  • Wednesday, May 8, 2024

GLOBAL Defense Technology & Systems, INC Plans IPO


John Hillen
John Hillen

Global Strategies Group North America has announced that its Public Sector Defense business will conduct an Initial Public Offering.  GLOBAL Defense Technology & Systems, Inc. will be led by CEO John Hillen (one of ExecutiveBiz’s top 20 People to Watch in ’09). The firm has filed an S-1, the necessary registration statement,  with the SEC. The statement outlines plans for an IPO of its common stock, although details such as price and number of shares are yet to be specified. GLOBAL Defense Technology & Systems has selected GTEC as their Nasdaq Global Market symbol. Cowen and Company has been named as the only book-running manager for the planned IPO.

Video of the Day

Related Articles

GLOBAL Founder Damian Perl Comments on GTEC Sale M&A Activity

GLOBAL Founder Damian Perl Comments on GTEC Sale

GLOBAL, the former owner of and largest shareholder in GTEC (NASDAQ: GTEC), indicated it would use the proceeds from the planned sale of GTEC to pursue other opportunities in the market. Ares and GTEC have a deal in place that would see the investment group acquire the firm for an estimated $315 million. GLOBAL acquired

GLOBAL awarded $3.1 million contract to revamp border security Contract Awards

GLOBAL awarded $3.1 million contract to revamp border security

On Friday, GLOBAL Strategies Group (North America), Inc. announced that it has been awarded a $3.1 million contract to provide the next generation of U.S. Customs and Border Protection (CBP) mobile tool trucks to support the agency’s drug interdiction and border security efforts. Under the terms of the contract, GLOBAL North America will integrate 20

GLOBAL awarded $2.6 million to extend stay in Africa Contract Awards

GLOBAL awarded $2.6 million to extend stay in Africa

Yesterday. Global Strategies Group (GLOBAL) announced that it has been awarded a $2.6M contract extension to deliver a range of security services at Edward Binyah Kesselly (EBK) Military Base in support of its client, PAE Government Services Inc. (PAE), who is engaged in Peacekeeping, Capacity Enhancement and Surveillance efforts in Africa. PAE, which provides logistical,