Wash100: GCW Readerâs Choice Awardees Announced
Secretary of Defense James Mattis has received theÂ 2018 GCW Readersâ Choice Award for Government ExecutivesÂ after garnering the highest number of votes inExecutive MosaicâsÂ 2018 Wash100Â list. In addition,Â Craig Abod, president of Carahsoft, received theÂ 2018 GCW Readersâ Choice Award forÂ GovCon ExecutivesÂ after winning the highest number of votes among his category.
Mattis, who earned 1,007 votes, and Abod, who earned 832 votes out of a total 24,131 tallied by end of day Monday, April 30th, are each previous Wash100 inductees. Mattis was firstÂ inductedÂ in 2017 while Abod is aÂ four-timeÂ recipient.
âThe U.S. GovCon sector boasts the largest pool of talent and ability in the world. To be recognized as a leader among your peers is a rare honor, but to be recognized byÂ your peers as the best of the best in this hyper-competitive arena is rarer still. We at Executive Mosaic couldnât be more honored to present Secretary Mattis and Craig Abod with these prestigious awards,â said Jim Garrettson, Executive Mosaicâs CEO and founder.
Voter participation has sizably increased from 2017 to 2018. An additional 5,727 votes have been tallied for the top ten popularÂ vote recipients,Â growing nearly 446.7% percent from 2017âs results.
The Wash100, now in its fifth year, recognizes the premier private and public sector GovCon leaders as hand-picked by Executive Mosaicâs election committee. Individuals selected must have demonstrated superior leadership, innovation, reliability, achievement and vision.
The total top 10 featured a split between GovCon Executives and Government Executives. In addition to Craig Abod, we would like to congratulate our leaders in the polls:
Sec. James Mattis,Â U.S. Department of Defense
Raquel Bono,Â U.S. Navy, director of the Defense Health Agency
Chris Marzilli,Â president of General Dynamics MissionÂ Systems
Phebe Novakovic,Â CEO of General Dynamics
Lt. Gen.Â Vincent Stewart,Â deputy commander, U.S. Cyber Command
Xavier Williams,Â president of AT&T Global Business Public Sector Solutions
Lawrence Prior,Â former president and CEO of CSRA, now part of General Dynamics Information Technology
Amy Gilliland,Â president of GDIT
- Lt. Gen. Charles Hooper,Â director of theÂ Defense Security Cooperation Agency
Recent M&A Activity
This week weâre recapping recent M&A activity, including:
PeratonÂ purchasingÂ SGI
Spirit AerosystemsÂ purchasingÂ Asco IndustriesâÂ parent company for $650M
L3 TechnologiesÂ sellingÂ Vertex AerospaceÂ toÂ American Industrial PartnersÂ for $540M
Veritas CapitalÂ finalizingÂ PwCâsÂ public sector arm acquisition
BoeingÂ buyingÂ KLXÂ for $3.2 billion
KBRÂ completing its acquisition ofÂ SGT
On April 23rd, Herndon, Va.-basedÂ PeratonÂ announcedÂ its acquisition ofÂ Strategic Resources InternationalÂ for an undisclosed sum. âThe addition of SRI to the Peraton portfolio adds an important complement to our communications offerings through their extensive portfolio of telecommunications assets in the areas of mobile, [internet protocol] transport and [very small aperture terminal],â said Stu Shea, Peraton president and CEO and aÂ 2018 Wash100 recipient.
On May 2nd,Â Spirit AerosystemsÂ announcedÂ its plans to purchaseÂ Asco IndustriesâÂ Belgium-based parent company,Â S.R.I.F., in a cash deal valued at approximately $650 million. Tom Gentile, president and CEO, said the acquisition would bolster the Wichita, Kan., companyâs fabrication business and expand work on itsÂ F-35Â aircraft andÂ Airbus A320Â andÂ A350Â wing programs. Asco CEO Christian Boas will remain with the company.
On May 1st,Â L3 TechnologiesÂ announcedÂ plans to sell itsÂ Vertex AerospaceÂ division to N.Y.-based private equity firmÂ American Industrial Partners, in a cash deal estimated at $540 million. The transaction includes the acquisition of L3âsÂ TCSÂ andÂ Crestview AerospaceÂ business units, which operate under the technology contractorâs aerospace systems segment. Both companies expect the deal to close this summer.
On May 1st,Â Veritas CapitalÂ announcedÂ it finalized its acquisition ofÂ PwCâs U.S. public sector arm. âWe are excited to start this next stage of our growth as a standalone company and committed to completing a smooth transition,â said Scott McIntyre, CEO of the now-former PwC U.S. public sector business and aÂ 2018 Wash100Â recipient. Ramzi Musallam, CEO and managing partner of Veritas, is also a2018 Wash100Â recipient.
On May 1st,Â BoeingÂ announcedÂ its plan to purchase aviation parts and services providerÂ KLXÂ for approximately $3.2 billion cash in a move to grow its services business. Boeing said it will integrate KLXâs aerospace solutions group with its subsidiaryÂ Aviall. Both companies expect to close the transaction in the third quarter of 2018, which is contingent upon the sale and separation of KLXâs energy services group and other customary closing conditions.
On April 25th,Â KBRÂ announcedÂ its completed acquisition ofÂ Stinger Ghaffarian Technologies, a Greenbelt, Md., government technology and engineering services contractor. KBR intents to keep most of SGTâs current structure and integrate the business into its government services arm,Â KBRwyle. The combined organization aims to identify new growth opportunities and create synergies across the civil, military and commercial markets.
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