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Stu Shea Named CEO of MHVC, Recent Acquisition of Veritas Capital

Stu Shea has been named Chief Executive Officer of MHVC Acquisition Corp., (MHVC) formerly Harris Corporation’s Government Services business, a recent acquisition of Veritas Capital. MHVC is operating as a standalone company and will launch the new brand soon, Veritas Capital announced in a press release. Previously, Shea was President and Chief …

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Veritas Capital Acquires PAS Technologies from Houlihan Lokey

PAS Technologies, a portfolio company of KRG Capital Partners, has been acquired by StandardAero, a portfolio company of Veritas Capital from Houlihan Lokey. The transaction closed on May 5, 2017. PAS provides OEM and aftermarket aerospace engine components that are able to endure high-wear, high-heat, and corrosive environments. The company offers a comprehensive set …

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Symantec Unveils Venture Capital Firm to Support Cybersecurity Startups

TYSONS CORNER, VA, March 6, 2017 — Symantec (Nasdaq: SYMC) has formed a venture capital arm that will work to support startup companies as they bring new cybersecurity technologies to the market, ExecutiveBiz reported Friday. The company said Thursday Symantec Ventures will provide startups access to its go-to-market resources, threat intelligence network and the Integrated Cyber …

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Lockheed’s Venture Capital Arm Buys Minority Stake in Chip Maker IQ-Analog

Lockheed Martin (NYSE: LMT) has purchased a minority stake in San Diego-based semiconductor firm IQ-Analog for an undisclosed amount through the former’s venture capital arm, the Wall Street Journal reported Thursday. Doug Cameron writes the move is part of Lockheed’s efforts to tap emerging technology firms as the Defense Department seeks technology …

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Arlington Capital Partners Merges EOIR With Proteus Technologies, Intelligent Software Solutions to Form Polaris Alpha

Arlington Capital Partners has established a new company known as Polaris Alpha after the Washington-based private equity firm merged its portfolio company EOIR Technologies with cybersecurity firm Proteus Technologies and data analysis platforms provider Intelligent Software Solutions. Polaris Alpha will work to provide software and other technology platforms across ground, maritime, aerial, space, electromagnetic …

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GSA Picks 109 Vendors for $11.5B in Govt-Wide Human Capital & Training IDIQs

The General Services Administration has awarded 109 contractors spots under two contracts worth up to $11.5 billion combined over 15.5 years to provide human capital strategy, workforce training and development and organizational performance improvement support for federal agencies. GSA said Monday that 72 large businesses won in the Human Capital and Training Solutions acquisition vehicle and 37 awards …

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Deloitte’s Dan Helfrich: Govt to Engage Further on Workforce Transformation, Human Capital

TYSONS CORNER, VA, December 17, 2015 — Dan Helfrich, incoming head of Deloitte‘s federal practice, has said workforce transformation and other human capital initiatives will be key areas of interest in government. He told ExecutiveBiz in an interview published Wednesday that he believes the public sector will also put more effort on performance …

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Hugh Evans: Veritas Capital Eyes Cyber Market Growth Through BeyondTrust Purchase

An affiliate of Veritas Capital will purchase cybersecurity firm BeyondTrust from Insight Venture Partners for an undisclosed sum in a move to pursue growth with enterprise and government clients. “We expect the cybersecurity market to benefit from increasing regulatory/compliance requirements, high-profile breaches and complexity of the IT environment, ” Hugh Evans, a partner at Veritas Capital, said Tuesday. BeyondTrust …

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Deltek’s Chris Dixon: US Governors Highlight Education, Public Safety on Their 2014 Agendas

A Deltek analyst says U.S. governors highlighted education public safety, justice and social services as areas for policy initiatives in their 2014 state of the state addresses, the Washington Post reported Sunday. Chris Dixon, a Deltek senior manager of state and local industry analysis, believes that contractors could shape their business development strategies around …

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Jerry Calhoun Named SVP of Human Capital at The SI Org

Jerry Calhoun, formerly senior vice president of human resources at PAE, has been appointed SVP of human capital at The SI Organization, he confirmed to GovCon Wire. Prior to PAE, Calhoun was SVP of HR at Vangent,  which was comprised of 7, 000 employees and $750 million in revenue. He also served …

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