Xcelerate said Tuesday it has executed the transition of personnel, contracts and systems to ensure the continued delivery of mission support and services to customers across the Department of Homeland Security, Pentagon and the intelligence community.
“We are thrilled to advance this crucial initiative, which demonstrates our dedication to ensuring the safety and security of our homeland while continuing to expand our resources and expertise,” said Xcelerate CEO Mark Drever. “This acquisition aligns with our strategic objectives and adds significant value for our stakeholders.”
Meeting the US Government’s Background Investigation Needs
The defense and national security company said the transaction represents a moment of growth and strategic advancement as it continues to partner with government agencies to deliver background investigations and security platforms aligned with Trusted Workforce 2.0.
“This acquisition strengthens our ability to deliver trusted, high-impact vetting solutions that support national security as a prime contractor,” said Brett Mencin, CSO of Xcelerate Solutions.
Xcelerate supports the Department of War, intelligence community, federal law enforcement and civilian agencies by providing enterprise vetting and analysis, critical infrastructure protection, cybersecurity, digital platforms and strategic consulting support.
Quantum computing company IonQ has entered into a definitive agreement to acquire SkyWater Technology, a U.S.-based pure-play semiconductor foundry, in a cash-and-stock transaction valued…
The Department of Veterans Affairs has started soliciting proposals for a potential 10-year, $700 billion multiple-award contract to provide Community…
Accenture Federal Services has appointed Garrett Berntsen, a federal and industry technical leader, as chief artificial intelligence officer. The latest…