A Raymond James (NYSE: RJF) report has found that the volume of merger and acquisition-related transactions in the government technology solutions market dropped 12 percent in the third quarter of 2024 compared with the same period last year. According to the company’s quarterly market update, despite the decline in Q3 2024 M&A deal volume...
Financial services firm Baird, which has deep involvement in the government contracting community through advisements on major mergers and acquisitions deals, has announced the schedule and speaker slate for the 2024 edition of its annual Defense & Government Conference. According to details shared with GovCon Wire, the always-vital gathering ...
CGI Federal has finalized its acquisition of Aeyon in a transaction that broadens its portfolio of digital transformation offerings and support services for U.S. federal civilian and national security agency customers. Enlightenment Capital-backed Aeyon provides data management, artificial intelligence, analytics and intelligent automation capabilit...
Malcolm Harden, an industry executive with over 30 years of experience in IT, federal contracting and business development, has joined Bixal as senior vice president of consulting services. Harden will lead the development and implementation of consulting strategies and ensure that company offerings are in line with market demands, Bixal said Wednes...
A report by financial services company Raymond James (NYSE: RJF) shows that 122 mergers and acquisitions occurred in the defense and government market during the second quarter of 2024, a 63 percent increase from the prior-year period and an 11 percent rise from the previous quarter. The August report was issued by Raymond James’ defense ...
CGI’s (NYSE: GIB) U.S. government arm has agreed to acquire Aeyon to expand its portfolio of technology offerings and relationships with U.S. military agencies and other critical national security customers. CGI Federal said Tuesday both parties expect the transaction to conclude in the fourth quarter of fiscal year 2024, pending regulatory cleara...
ECS has appointed Peter Santighian, a more than two-decade government contracting industry veteran, as senior vice president of defense. Santighian will oversee the company’s strategy and growth initiatives and drive the delivery of platforms and services in the areas of cloud, cybersecurity, artificial intelligence and machine learning, enter...
Matthew Hollandsworth, former director at AMERICAN SYSTEMS, has joined BAE Systems to serve as vice president of security, intelligence and security sector, according to his LinkedIn announcement. Hollandsworth brings to BAE experience in developing strategies for protecting personnel, information and assets. He spent nearly a decade at AMERICAN SYS...
Digital services company Lithe Solutions has appointed Ravi Gourineni, an information technology executive, as chief operating officer. In a LinkedIn post published Tuesday, the company said Gourineni will oversee growth initiatives and help ensure the delivery of innovative platforms to clients. “[Gourineni’s] expertise in agile develop...
The Department of the Interior has selected seven companies for a potential 10-year, $2 billion follow-on contract for cloud license and support services. The awardees under the Foundation Cloud Hosting Services 2 indefinite-delivery/indefinite-quantity contract are Accenture Federal Services, IBM (NYSE: IBM), CGI Federal, Cognosante, Science Applic...
