AE Industrial Partners has purchased a controlling stake in cyber technology company REDLattice through its third fund that launched in November 2022. John Ayers, founder and CEO of REDLattice, and Kevin Rummel, president and chief operating officer, will stay and keep significant ownership stakes in the company, AEI said Thursday. Chantilly, Virgin...
Ernst & Young will help the Department of the Air Force audit its general fund and working capital fund under a potential five-year, $200.2 million contract from the Defense Finance Accounting Service. The labor-hour contract provides for audit services of financial statements and examination and includes a 12-month base period that runs through...
Private equity firm AE Industrial Partners has agreed to purchase a controlling stake in small satellite builder York Space Systems for an undisclosed sum. York Founder and CEO Dick Wallinger will continue to oversee the company and Chairman Charles “Chuck” Beames will continue to sit on the board, AEI said Tuesday. Wallinger and Beames ...
Seventeen companies have won spots on a potential five-year, $650 million contract to provide subject matter expertise to help the Department of Veterans Affairs design, build and test novel platforms, services and care models that could be scaled into clinical production in support of the Veterans Health Administration. The VA named its industry pa...
Professional services firm EY US will absorb California-based information technology and management consultancy Cambria Solutions under an agreement signed between the two companies. Cambria runs a privately funded innovation laboratory, called Kappy, that focuses on developing technology for government applications, and will become part of the EY w...
AE Industrial Partners has agreed to buy a significant stake in Firefly Aerospace from Noosphere Venture Partners for an undisclosed sum to further expand its portfolio of space technology companies. AEI said Thursday Cedar Park, Texas-based Firefly, which develops in-space and launch vehicles for small payloads, closed a round of Series A financing...
EY has secured a potential five-year, $200.2 million contract to examine data on general and working capital funds at the Department of the Air Force. The professional services firm will perform financial statement audit work for DAF, which is composed of the U.S. Air Force and Space Force, under the labor-hour contract with a 12-month...
Frank Berry, formerly commissioner of the Georgia Department of Community Health, will join EY US in September to serve as executive director of markets and business development within the company’s government and public sector group. The 35-year public service veteran will support the development of new offerings and relevant thought leadersh...
Gerry Dixon, a three-decade veteran of EY, will succeed Michael Herrinton as managing partner of the professional services firm’s U.S. government and public sector practice, effective July 1. The professional services firm said Monday Dixon will be responsible for helping federal, state and local government clients address mission requirements...
Dentsu has tapped Larry Gillespie II, former advisory executive director for EY‘s digital customer and strategy offering, to serve as president and chairman of its Isobar Public Sector business and lead the brand’s growth and capability development efforts. Gillespie, who brings more than two decades of digital transformation experience,...
