Perspecta, the Chantilly, Virginia-based government technology services contractor, announced in January that it will be acquired by Veritas Capital for $7.1 billion in cash, or $29.35 per share. Veritas Capital, which holds approximately 14.5 percent of Perspecta’s outstanding shares, intends to combine Perspecta with Peraton, another governm...
Executive Mosaic is pleased to announce Kathy Warden, chairman, president and CEO of Northrop Grumman, as a 2021 Wash100 awardee for leading the company in efforts to create value through portfolio management, as well as her continued focus on growth through executive hires and contract pursuits in the federal sector. “Kathy has delivered an unpre...
Executive Mosaic is pleased to recognize Mac Curtis, chairman and CEO of Perspecta, as a seven-time Wash100 Award recipient after receiving his 2021 Wash100 Award for his leadership and vision in the advancement of cybersecurity, intelligence and defense technologies through significant contract award wins and other moves. Executive Mosaic congratu...
Executive Mosaic, the leading provider in connecting, promoting and branding government and government contracting (GovCon) executives of consequence, will proudly present the 2021 Wash100 Award, the most prestigious and prominent award in all of GovCon, to the 100 distinguished executives who have demonstrated excellence in leadership, innovation, ...
Veritas Capital has agreed to acquire Perspecta (NYSE: PRSP) in an all-cash deal worth $7.1 billion and plans to merge the latter with Peraton to establish a government technology platforms provider focused on delivering end-to-end information technology capabilities and mission support to U.S. government clients. Perspecta stockholders will get $29...
Stephanie O’Sullivan, who served as principal deputy director in the Office of the Director of National Intelligence from 2011 to 2017 and a previous Wash100 awardee, formally joined Huntington Ingalls Industries‘ (NYSE: HII) board of directors Friday. She has worked as a business consultant since her retirement from federal service and supp...
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...
ArchIntel, a completely customized, human-intelligence powered daily briefing service, has released its latest compendium, “Know Your Competition” to expand the conversation and provide today’s business leaders with the first hand perspective of the competitive intelligence landscape through the eyes of its experts. Visit ArchIntel.com to rea...
Baird hosted its 2020 Government & Defense Conference on Thursday, a full day virtual event featuring a wide variety of experts across government, academia and industry to present their insights regarding the latest M&A trends and market value drivers influencing the defense and federal market. Jean Stack also highlighted market themes, incl...
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 ...
