A Note From Our President & Founder Jim Garrettson
Consolidation among the large players the government services market have been well-documented in spaces such as these but the product makers in GovCon also have been in on the M&A deal action over the past 14 months.
Lockheed Martinâs $9 billion purchase of helicopter maker Sikorsky was 2015’s largest transaction on the platforms and systems side of government contracting and a collection of other technology-related acquisitions also factored in the M&A landscape.
Video and surveillance systems, cybersecurity and secure communications were among the most notable target areas for GovConâs technology makers that sought to add new products they believe can help boost operating margins and solidify their revenue bases.
This week, General Dynamics announced such a move through its acquisition of underwater drone maker Bluefin Robotics to combine the latterâs manufacturing capability with the formerâs integration service work with the U.S. Navy.
In another example from last year, L-3 Communications contributed to GovCon services consolidation through its NSS divestiture earlier this year and also looked to add new footprints in the ISR and geospatial technology markets through its October 2015 purchase of ForceX.
For its part, San Diego-based Cubic has made a triple play of acquisitions in the C4ISR arena for almost $400 million with a view toward return and growth for its defense segment and our site ExecutiveBiz got an inside view of this strategy from CEO Brad Feldmann.
ExecutiveBiz recently spoke to Feldmann at the site of one of those acquired companies to learn why Cubic views C4ISR as an engine for growth, what defense customers are looking for in surveillance and communications technology and what has driven GovConâs product makers to make targeted product-based acquisitions.
For more of Feldmannâs perspective on Cubicâs defense strategy and his view on the global government contracting market picture, please click here to read the full article.
Kim Lynch, executive vice president of government defense and intelligence at Oracle, recently received her 2024 Wash100 Award from Jim Garrettson, CEO of Executive Mosaic and founder of the esteemed accolade. Wash100 is an annual celebration of the government contracting industry’s most notable leaders. Executives who win a Wash100 Award are highly accomplished individuals whose actions have
In a meeting last week at Enlightenment Capital’s Chevy Case, Maryland headquarters, Jason Rigoli, a partner at the firm, received his first Wash100 Award from Executive Mosaic CEO and award founder Jim Garrettson. The Wash100 Award is a yearly coronation of the finest executives shaping the government contracting sector. It commends leaders who have demonstrated outstanding vision, innovation and reliability,
The Honorable Frank Kendall, secretary of the Air Force, accepted his 2024 Wash100 Award from Executive Mosaic CEO Jim Garrettson during a recent visit to the Pentagon. Vote for Secretary Kendall to win the 2024 Wash100 popular vote competition at Wash100.com. There’s only ONE WEEK left to vote, so cast your votes today! Kendall won his fifth Wash100