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 ...
Baird has announced that it will host its Government & Defense Conference 2020 on December 10th to discuss market trends and business strategy. The firm’s virtual conference will feature experts across government, academia and industry that will foster collaboration across trending topics, including Mergers & Acquisitions (M&A), Govern...
THIS WEEK’S TOP 10 MOST POPULAR STORIES View Weekly Contract Awards Sandeep Kalra Promoted to Persistent Systems CEO Persistent Systems has promoted Sandeep Kalra, an experienced leader in the software services industry, as CEO to lead the company’s strategic growth and services, the company announced Monday. “We are looking forward to ...
The U.S. Air Force has awarded an additional 24 spots on a potential $950M contract to develop and operate systems across land, sea, air, cyber, electromagnetic spectrum and cyber domains as part of the Joint All Domain Command and Control program....
David Myers, a government telecommunications industry leader, will serve as president of Speedcast Government, starting Aug. 24, Monday, and eventually succeed the retiring Moe Abutaleb as CEO by early 2021....
Reggie Brothers, recently appointed CEO of NuWave Solutions, has become the latest member of Executive Mosaic’s highly prestigious GovCon Expert program. He will be offering his expertise in predictive intelligence. Click here to become a GovCon Expert....
Reggie Brothers joined NuWave Solutions as CEO when investment firm AE Industrial Partners acquired majority ownership of the McLean, Va.-based government technology services provider last month. Brothers, a former Department of Homeland Security official and Peraton executive, shared with GovCon Wire what attracted him to NuWave....
AE Industrial Partners has purchased a majority stake in analytics and artificial intelligence platforms provider NuWave Solutions for an undisclosed sum and announced the addition of industry veterans Reggie Brothers and Michael Buscher to NuWave’s leadership team....
Executive Mosaic is honored to introduce Ramzi Musallam, CEO and managing partner of Veritas Capital, as an inductee into the 2020 edition of the Wash100 for leading the New York City based investment firm to exceed its fundraising targets and further invest in technology-focused businesses....
Leidos Secures $7.7B Contract From Naval Information Warfare Systems Command; Gerry Fasano Quoted The Naval Information Warfare Systems Command awarded Leidos a potential eight-year, $7.7 billion contract to modernize and maintain shore-based networks being used by the U.S. Navy and Marine Corps across the globe, Leidos announced on Feb. 12th. T...
