SPA Buys Analytics Firm Veracity; William Vantine Quoted

Jeff Brody
William Vantine

Systems Planning and Analysis has purchased Veracity Forecasting and Analysis for an undisclosed sum in a move to further operations analysis support for national defense and security platforms.

Alexandria, Va.-based Veracity creates decision support tools for government clients using operations research, predictive analytics, modeling, simulation and data science methods, SPA said Monday.

SPA CEO William Vantine said the company seeks to expand technical offerings in the data science and software development areas through the acquisition.

Holland & Knight and Squire Patton Boggs acted as legal advisers to Veracity and SPA on the transaction, respectively.

Terms of the deal were not disclosed.

You may also be interested in...

John Mengucci President and CEO CACI International

CACI Gets $87M DHS Data Analysis Task Order; John Mengucci Quoted

The Department of Homeland Security has awarded CACI International (NYSE: CACI) a five-year $86.5M task order to help DHS' investigative unit analyze data in efforts to combat fraud, crime, risk and terrorism.

DISA

DISA Pushes Back Defense Enclave Services RFP Release

The Defense Information Services Agency has pushed back the planned release of the final solicitation for the Defense Enclave Services information technology contract from late September to mid-late first quarter of fiscal year 2021.