NuWave Solutions announced on Tuesday its acquisition of ProModel Government Services, a leading provider of mission critical predictive and prescriptive analytic software solutions to the U.S. government, for an undisclosed amount. “ProModel Government Services is uniquely qualified to help federal government agencies with their decision making, ensure that their processes are more efficient and their resources are better managed,” said Dr. Reggie Brothers, CEO of NuWave and GovCon Expert.
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BlueHalo Acquires Fortego, Base2 to Grow Cyber & Intell Footprints; Baird’s John Song Comments
BlueHalo has bought Maryland-based companies Fortego and Base2 Engineering in a pair of deals aimed to expand signal intelligence and cyber offerings for the national security sector. Baird and Aronson Capital Partners advised the acquired firms on the transactions. "Bringing Fortego and Base2 together creates a sizable concentration of highly skilled experts in cyber and SIGINT – a capability that BlueHalo can now leverage across the wide spanning missions to which they provide support," John Song, a managing director at Baird, told GovCon Wire.
Read More »Leidos to Acquire 1901 Group; Roger Krone, Gerry Fasano, Baird’s John Song Quoted
Leidos Holdings (NYSE: LDOS), a Fortune 500 science and technology leader, announced Thursday that the company has entered into a definitive agreement to acquire 1901 Group, a leading provider for managed IT services and cloud solutions in the private and public market, in order to expand its cloud, IT services and digital modernization capabilities. “We are pleased to welcome 1901 Group’s team of digital transformation experts who share Leidos’ commitment to making the world safer, healthier and more efficient through IT,” said Roger Krone, Leidos chairman and CEO and seven-time Wash100 Award recipient.
Read More »Baird Hosts 2020 Government & Defense Conference Featuring John Song, Jean Stack
Baird hosted its 2020 Government & Defense Conference on Thursday, a full day virtual event featuring a wide variety of experts across government, academia and industry to present their insights regarding the latest M&A trends and market value drivers influencing the defense and federal market. Jean Stack also highlighted market themes, including 5G, space, directed energy, electronic warfare, hypersonics and cyber
Read More »Baird’s Government & Defense Conference to Highlight Dynamic Market Strategy, Opportunity
Baird has announced that it will host its Government & Defense Conference 2020 on December 10th to discuss market trends and business strategy. The firm’s virtual conference will feature experts across government, academia and industry that will foster collaboration across trending topics, including Mergers & Acquisitions (M&A), Government Modernization, Emerging Technologies and more.
Read More »Baird Advises The Buffalo Group on Sale to Jacobs; Jean Stack Comments
The Buffalo Group has completed its sale to professional services firm Jacobs (NYSE: J) via a transaction where Baird served as the exclusive financial adviser to the Reston, Virginia-based analytics and technology company. Jacobs said Tuesday it made the acquisition to expand government mission support across the cyber, ground, sea, airborne and space domains.
Read More »Potential Tax, Spending Changes Could Drive M&As in Defense Industry; Baird’s John Song Quoted
Market experts said another wave of mergers and acquisitions in the defense sector might be in the offing driven by possible changes in federal spending and taxes linked to any potential administration change, the Washington Business Journal reported Wednesday.
Read More »AASKI to be Acquired by MAG Aerospace; Baird Advises on Sell Side; John Song Comments
MAG Aerospace has agreed to acquire AASKI Technology, a professional services provider to the government sector, for an undisclosed sum. Baird served as AASKI's exclusive financial adviser on the deal.
Read More »John Kavanaugh Notes Perspecta Portfolio, Contract Base at Baird-Hosted Conference
TYSONS CORNER, VA, December 2, 2019 — John Kavanaugh, senior vice president and chief financial officer of Perspecta (NYSE: PRSP), has said the company maintains a diversified contract base, balanced portfolio and strong backlog during his keynote address at Baird’s 2019 Government & Defense Conference, ExecutiveBiz reported Nov. 20.
Read More »EM’s Weekly Roundup: POC Hosts Unmanned Systems in the Future Fight Forum, Baird’s 2019 Government & Defense Conference, $152M Contract for Booz Allen, Executive Moves for GDIT, Leidos & Weekly Top 10 Stories
On Tuesday, Potomac Officers Club (POC) hosted its Unmanned Systems in the Future Fight Forum featuring Maj. Gen. Peter Gersten, special assistant to the Deputy Chief of Staff for Plans and Programs (AF/A5/8) for the U.S. Air Force, as the keynote speaker. In addition, an expert panel featuring Jim Thomson …
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