Recent Posts

Veritas Capital Finalizes the Purchase of Harris Corporation’s Government IT Services Business

Veritas Capital completed the $690 million cash acquisition of Harris Corporation’s (NYSE:HRS) Government IT Services Business. The Harris acquisition will round out Veritas’ portfolio of twelve companies and enhance their position within the Aerospace & Defense industry. Veritas Capital purchased government services contractor Alion Science and Technology in 2015 for what …

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Navy Picks IMIA, QED Systems for $260M Ship Preservation IDIQ Contract

The U.S. Navy has awarded International Marine & Industrial Applicators and QED Systems positions on a potential $260.1 million contract to help the military branch preserve and install coatings on various naval ships and vessels. The Defense Department said Thursday both companies will compete for individual delivery orders over a five-year period to provide single …

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House Republicans Introduce 1 Week Stop-Gap Funding to Avoid Shutdown

House Republicans introduced a stop-gap funding measure late Wednesday night to keep the government funded through May 5, while lawmakers hammer out final legislation that would fund the government through September. The continuing resolution measure, introduced by House Appropriations Chairman Rodney Frelinghuysen (R-NJ), would keep the government open at current …

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Army Vet Mary Legere Joins Accenture Federal Unit as Natl, Defense Intell Managing Director

Mary Legere, formerly a senior intelligence officer of the U.S. Army, has joined Accenture (NYSE: ACN) as managing director of national and defense intelligence business at the company’s federal services unit. Accenture said Thursday Legere will aim to bring the company’s digital, mission analytics and agile development service offerings to the defense, intelligence and cyber markets …

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