Dana Barnes, senior vice president of Public Sector business for Palo Alto Networks, has been named a 2022 Wash100 Award winner for his visionary leadership and drive for zero trust implementation in the federal sector as well as cybersecurity advancement and the internet of things security capabilities for our future. Executive Mosaic is pleased to...
Mark Serway, chief financial officer of Hitachi Vantara‘s federal arm, has been appointed to serve as president and CEO at the government technology services provider on an acting basis. Hitachi Vantara Federal said Monday its board of directors chose Serway to replace David Turner, who resigned after five years at the helm, as the company...
The Federal Trade Commission has issued a new policy statement that seeks to restore into standard practice the use of prior approval authority to restrict future acquisitions for companies pursuing anticompetitive merger transactions. Under the Prior Approval Policy Statement, companies seeking to make acquisitions should secure prior approval from...
Federal civilian and defense agencies collectively increased annual contract spending by $70 billion to $665 billion during fiscal year 2020, according to a report by the Government Accountability Office. GAO found that agencies spent $35 billion to buy medical supplies and pharmaceutical products in FY 2020 as part of COVID-19 response efforts. The...
Science Applications International Corp. (NYSE: SAIC) has agreed to buy Halfaker and Associates for approximately $250 million in cash to expand its portfolio of health information technology offerings. SAIC said Thursday it will use its existing cash on hand and incremental debt to fund the acquisition that is expected to conclude by the end of...
Bill Marion, managing director of growth and strategy in Accenture Federal Services‘ defense and intelligence practice, will lead a panel discussion on the digital transformation landscape at an upcoming Potomac Officers Club forum. Marion will serve as the moderator of “The Next Digital Domain- Driving UX, Data, and Platform Success Pan...
Oroco Capital to Buy AECOM Civil Construction Business; Troy Rudd Quoted AECOM has entered into a definitive agreement to sell its civil construction business, including the Shimmick Construction unit, to Oroco Capital. AECOM said Thursday it expects to complete the sale in January upon the satisfaction of customary closing conditions. ArchInte...
Veritas Capital has agreed to acquire Northrop Grumman’s (NYSE: NOC) federal information technology and mission support services business for approximately $3.4B in cash. The transaction is expected to conclude in the first half of 2021 and Veritas said Monday it expects to merge the Northrop federal IT business with its portfolio company Peraton ...
The General Services Administration has informed President-elect Joe Biden through a letter that GSA will now make federal resources and services available to help facilitate the presidential transition, The Wall Street Journal reported Monday. In an ascertainment letter obtained by the publication, GSA Administrator Emily Murphy said the agency wi...
THIS WEEK’S TOP 10 MOST POPULAR STORIES View Weekly Contract Awards AECOM Closes Sale of Power Construction Business to CriticalPoint Capital; Troy Rudd Quoted AECOM has sold its Power construction business to affiliates of CriticalPoint Capital, AECOM reported on Friday. The sale will add to AECOM’s business transformation strategy to ...
