A Note From Our President & Founder Jim Garrettson
Could GovCon see at least one more blockbuster merger-and-acquisition deal in 2015?
One week after Aerojet Rocketdyne’s $2 billion bid for the United Launch Alliancewas rejected, the propulsion technology maker may still be charting course in its pursuit for the Boeing-Lockheed Martin joint venture.
A Reuters report posted Thursday night says Aerojet’s parent company is exploring options for a potential acquisition of ULA and is considering whether to increase its offer for the Colorado-based joint venture that launches payloads for government agencies on heavy-lift rockets.
If the bid is successful, a combination of Aerojet and ULA would be formidable in a crowded launch market with new entries such as Elon Musk’s SpaceX outfit.
Boeing and Lockheed formed ULA as a 50-50 joint venture in 2006 and the business ranks 19th in Bloomberg Governmentâs 2015 list of GovCon’s top 200 vendors.
This latest development surfaced in the same week that ULA unveiled more details on its future “Vulcan” rocket and the industry partners that will participate in the venture’s push to build a heavy-lift platform with U.S.-made components only.
From 2019, Orbital ATK will be the sole manufacturer and supplier of Vulcan’s solid boosters and will succeed Aerojet as provider of motors to ULA for the currently used Atlas V rocket.
ULA first unveiled Vulcan in April and said Amazon.com founder Jeff Bezos’ Blue Origin startup would build a U.S.-made engine to replace the Russian RD-180 that powers Atlas V.
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We also learned this week that the Office of Personnel Management has revised its original estimate of how many sets of federal employeesâ fingerprints were stolen in the April hack on OPMâs information systems.
OPM now says more than 5.6 million fingerprint sets were compromised in that breach, a nearly fivefold increase from the agencyâs original estimate of 1.1 million sets.
With this backdrop in mind, we are looking forward to the Potomac Officers Clubâs 2015 Cybersecurity Summit on Oct. 15 with Navy Adm. Michael Rogers, head of the National Security Agency and Cyber Command, lined up as the headline speaker.
Rogers took the helm of NSA and Cybercom in April 2014 and will offer executive attendees an update on the militaryâs cybersecurity efforts and his work with other parts of government to shore up U.S. computer networks.
Click here to sign up for this important and timely event, as well as to view POCâs full calendar.
THIS WEEKâS TOP NEWS STORIES
US Regulators OK Lockheed’s Sikorsky Acquisition
Japan and South Korea have also cleared Lockheed Martin’s move to buy the helicopter maker from United Technologies Corp. for $9 billion and the deal .
Ray Johnson Joins United Sciences Board
The former Lockheed Martin CTO will serve as a director for the provider of three-dimensional hole scanning and imaging services.
The Potomac Officers Clubâs âCIO Speaker Seriesâ for the summer and early fall of 2015 concluded Thursday in Falls Church, Va. with a look at the General Services Administration and its role in acquisitions for federal agencies.
Event number five took place under the theme of âInnovation in Acquisitionsâ and focused on GSAâs current initiatives to acquire information technology and professional services, help agencies keep pace with rapidly changing technologies and how industry can work closer with GSA to make large, long-term programs work.
Chris Hamm, who leads GSAâs FEDSIM organization, gave the keynote address to the GovCon and government executive audience and offered insight into his organizationâs work with other agencies to use different contracting methods to drive outcomes and speed up acquisitions.
Hamm offered our site ExecutiveGov a preview of his agenda in the leadup to the event and you can read a summary of our chat with him in this story posted Tuesday.
The event transitioned from the keynote to a four-person panel of GSA officials that featured Hamm with Michael Donaldson, FEDSIMâs director of defense enterprise services; Kristen Knapper, FEDSIMâs civilian services director; and Jim Ghiloni, GSAâs professional services program management executive.
ZeroFox (Nasdaq: ZFOX) will continue providing the Office of Personnel Management with digital identity protection services following the issuance of two awards. The first is a potential $247.9 million multiple-award contract that will run through Sept. 30, 2028, while the second is a $41.3 million modification to a previously-awarded contract that extends its period of
Maximus‘ (NYSE: MMS) federal business has won a seven-year, $50 million contract from the Office of Personnel Management to run a health insurance customer service center for U.S. Postal Service employees, annuitants and their families, G2Xchange FedCiv reported Wednesday. The report said Maximus Federal Services bested three bidders on the indefinite-delivery/indefinite-quantity contract to support the
U.K.-based education company Pearson (NYSE: PSO) has wrapped up its purchase of Personnel Decisions Research Institutes, a workforce assessment services provider to the U.S. federal government. The acquired company will rebrand as “PDRI by Pearson” and operate under the latter’s assessment and qualifications business, Pearson said Thursday. PDRI has worked with the Office of Personnel