Author: Nichols Martin|| Date Published: August 25, 2021
Arlington Capital Partners has agreed to acquire McLean, Virginia-based integrated program management service provider MCR for an undisclosed sum as the private equity firm is looking to increase investment in the systems engineering and integration areas.
ACP said Monday that Sheppard Mullin acted as the acquirer’s legal adviser while Houlihan Lokey and Holland & Knight acted as MCR’s financial and legal advisers, respectively.
McLean, Virginia-based MCR works with federal civilian, defense and intelligence customers to help them develop software and conduct cost analysis.
MCR CEO William Parker said the company’s employees worldwide have supported customers across critical missions throughout its four-decade history.
“We have found a partner in Arlington, a firm that we have known for many years, that understands what makes MCR special and will remain committed to this mission as the company enters its next phase of growth,” Parker added.
The Naval Information Warfare Center Pacific is soliciting proposals for the development and fielding of intelligence, surveillance and reconnaissance systems…
The Department of War is accelerating its push into unmanned systems, moving beyond experimentation toward large-scale production, streamlined acquisition and…
BAE Systems has received a $117.7 million contract modification from the U.S. Navy to support depot-level modernization, maintenance and repair of USS…
Advanced wireless infrastructure is becoming as strategically important as artificial intelligence in modern defense operations 5G standalone enables network slicing,…