
Versar has gone private after the close of its acquisition by an affiliate of investment firm Kingswood Capital Management via a tender offer of $0.15 per outstanding share and a second-step merger. The formerly publicly traded project management company said Tuesday the new capital structure serves to build on its long-term strategic...
Versar has agreed to be purchased by affiliates of Los Angeles-based private equity firm Kingswood Capital Management through a cash tender offer. Kingswood agreed to buy all outstanding shares of stock in the Springfield, Virginia-based project management company for 15 cents per share and begin the cash tender offer no later than Oct. 6, Versar...
Navy has five open solicitations covering shipyard, hypersonics, propulsion, training and fabrication The contracts range from small business research funding to multi-billion-dollar task orders Hung Cao, acting Navy secretary, and other service leaders will share insights at the 2026 Navy Summit The U.S. Navy is rapidly modernizing its force t...
Chuck Brooks is the president of Brooks Consulting International and one of Executive Mosaic’s GovCon Experts. Most people associate the Department of Homeland Security with disaster relief, cybersecurity activities, border security, airport security, or the Coast Guard. Few people are aware of the Department of Homeland Security’s...
The U.S. Space Force has awarded three other transaction authority agreements for its Space-Based Airborne Moving Target Indicator program The OTAs are worth $615 million combined and build on a previous task order awarded to SpaceX in June The OTA recipients are Rocket Lab, STR LLC and an undisclosed third company The Space Force has...