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Veritas Capital has closed its purchase of Perspecta and will integrate the latter with its portfolio company Peraton to create a combined entity focused on delivering enterprise information technology and mission capability integration support to federal, state and local government agencies. Stu Shea, chairman, president and CEO at Peraton and a 20...

PAE (Nasdaq: PAE) reported $748.6 million in revenue for the first quarter of its 2021 fiscal year, up 21.3 percent from the prior year period. The company attributed the $131.3 million increase to acquisition-related revenue of $88.8 million and contract awards worth $42.5 million. Charlie Peiffer, interim president and CEO of PAE, said the company...

Capt. Ben Van Buskirk, director of NavalX, will join the “Next Digital Domain- Driving UX, Data and Platform Success” panel at an upcoming Potomac Officers Club event. Van Buskirk assumed his current role on March 19 and lead the organization that aims to scale non-traditional agility approaches across the Department of the Navy workforce. Previ...

Tom Afferton, president of the cyber mission sector at Peraton, will provide a keynote speaker introduction at GovCon Wire’s Defense Cybersecurity Forum on May 12. He will introduce Morgan Adamski, chief of the National Security Agency’s Cybersecurity Collaboration Center, during the virtual event. Afferton joined Peraton, a portfolio compan...

General Motors has appointed Steve duMont, a former executive at the intelligence and space segment of Raytheon Technologies (NYSE: RTX), as president of its defense business arm, replacing Tim Herrick, who has been holding the post on an interim basis. duMont brings two decades of experience in working with big defense industry players, having serv...

AeroVironment (Nasdaq: AVAV) has closed its acquisition of Telerob, a Germany-based ground robotics vehicle developer. “Our acquisition of Telerob marks a significant expansion to our portfolio of intelligent, multi-domain robotic systems, from small and medium unmanned aircraft systems, to tactical missile systems and now, unmanned ground vehicle...