Home / M&A Activity / Octo Consulting Buys Aquilent’s SeaPort-e Business Unit

Octo Consulting Buys Aquilent’s SeaPort-e Business Unit

Octo Consulting Group has purchased the SeaPort-e business unit from Laurel, Maryland-based federal digital and cloud services provider Aquilent for an undisclosed sum.

Octo said Wednesday it assumed the support contract for the SeaPort-e electronic platform with the U.S. Navy before Booz Allen Hamilton (NYSE: BAH) completed the acquisition of Aquilent.

SeaPort-e is an electronic platform that works to help agencies under the Department of the Navy procure program management, engineering and financial management support services from at least 2, 400 multiple-award, indefinite-delivery/indefinite-quantity contract holders.

“We are delighted to be working with the Navy on the SeaPort-e system and ensuring that the government has continued operational and modernization support for one of its core acquisition systems, ” Octo CEO Mehul Sanghani said.

The service branch has awarded more than $70 billion in procurement contracts through the SeaPort-e portal, which is accessed by at least 9, 000 users and 10, 000 industry partners.

Check Also

Leidos Awarded $73M Navy IDIQ to Develop Acoustic Surveillance Tech

Leidos (NYSE: LDOS) has been awarded a three-year, $72.8M contract to help the U.S. Navy build a wide area surveillance technology to support antisubmarine warfare missions. The company will develop the Transformational Reliable Acoustic Path System for the Navy's Maritime Surveillance Systems Program Office, the Department of Defense said Friday.

Oshkosh Gets Green Light for Army JLTV Full-Rate Production

Oshkosh (NYSE: OSK) obtained approval Thursday to begin the full-rate production of Joint Light Tactical Vehicles, nearly four years after the company won a $6.7B contract to build the new armored vehicle platform for the U.S. Army and Marine Corps.