Tech Staffing Firm Kavaliro Buys Salient’s Fannie Mae Program; Mark Moore Comments

Kavaliro_GovConWireTechnology and IT staffing firm Kavaliro has acquired the Fannie Mae program from Salient Federal Solutions for an undisclosed amount, Kavaliro said Wednesday.SalientLogo

Kavaliro obtains Salient’s 58 employees working on the program and contractual resources affiliated with the program, for which Salient has been working for 15 years.

Kavaliro President Mark Moore said the company wanted to add the program so it could expand into that market.

The company said another goal of the acquisition is to bring in new mid-Atlantic region customers and grow its technology and financial staff augmentation business.

Program staff members have experience in implementing Microsoft.Net and Java technologies, the company said.

According to the Orlando Business Journal, Kavaliro has 373 employees and attained $20 million in 2012 revenue.

Salient announced an acquisition of its own in November 2012, picking up software firm LIST Innovative Solutions Inc. and adding positions on blanket purchase agreements with the U.S. Office of Personnel Management and the Patent and Trademark Office.

You may also be interested in...

Fluor

Fluor Subsidiary Gets $1.1B Modification on US Naval Nuclear Propulsion Support Contract

A subsidiary of Fluor (NYSE: FLR) will continue its support work on propulsion systems that power U.S. Navy submarines and aircraft carriers under a one-year, $1.12B contract modification. Fluor Marine Propulsion will continue services at the Naval Nuclear Laboratory through the government's 2021 fiscal year, the Department of Defense said Wednesday.

Mac Curtis Chairman and CEO Perspecta

Perspecta Announced as Military Bowl Presenting Sponsor; Mac Curtis Quoted

The Military Bowl Foundation has named Perspecta (NYSE: PRSP) as the presenting sponsor for the next three years of its college football post-season bowl game.