A report by financial services company Raymond James (NYSE: RJF) indicates that 79 mergers and acquisitions occurred in the defense and government market during the second quarter of 2024, a 6.7 percent increase from the prior-year period. The June report was issued by Raymond James’ defense and government investment banking team, where 2024 W...
Booz Allen Hamilton (NYSE: BAH) has acquired PAR Technology’s government systems business arm in a move to expand the former’s portfolio of defense offerings. PAR Government Systems Corp. will operate as part of Booz Allen’s global defense business, bringing its suite of offerings in imagery, real-time communications, mobile situat...
Hitachi Vantara Federal President and CEO Mark Serway accepted his 2024 Wash100 Award from Executive Mosaic CEO Jim Garrettson during a recent visit to Hitachi Vantara Federal’s Reston office. Each year, Executive Mosaic’s Wash100 Award recognizes the most influential executives in the government and government contracting industry. These 100...
Clarity Innovations, a portfolio company of Capitol Meridian Partners, has merged with Chameleon Consulting Group to form an entity focused on delivering cyberspace products and services to defense and intelligence customers. Wes Daniels, co-founder and CEO of Clarity, will continue as CEO of the combined company and Chameleon’s co-founders Ti...
Andrew Benson, a nearly two-decade finance and pricing executive in the government contracting industry, was appointed vice president of pricing at Astrion, an Oasis Systems-ERC combination working to addressing cybersecurity, mission support, systems engineering and digital challenges across the defense, space and government sectors. Benson brings ...
KBR has received a five-year, $82 million recompete task order from the U.S. Air Force to continue providing sustainment services for the Oklahoma-based office responsible for maintaining the B-52 Stratofortress bomber fleet. The company said Thursday the cost-plus-fixed-fee award from the Air Force Life Cycle Management Center will support the B-5...
Pittsburgh-based Michael Baker International has purchased Athens, Georgia-headquartered logistics and disaster response firm MLU Services for an undisclosed sum and will operate the acquired business as part of Tidal Basin Group. Michael Baker said Thursday the transaction will expand its emergency management, disaster response, program management ...
Naval Supply Systems Command has released a draft solicitation for the second iteration of its multiple-award, indefinite-delivery/indefinite-quantity contract that provides logistics support services to expeditionary forces worldwide. The Worldwide Expeditionary Multiple Award Contract 2.0 procurement vehicle, valued at approximately $1.4 billion, ...
Dave Bassett, a retired U.S. Army lieutenant general, has joined Thales Defense & Security as a proxy holder and member of the company’s board of directors. Bassett brings to the board over three decades of military experience, including 20 years as a member of the Army Acquisition Corps, where he helped manage key programs such...
The State Department has cleared Taiwan’s request to buy standard and nonstandard spare and repair parts and related equipment and services for F-16 fighter jets from the U.S. government under two foreign military sales agreements worth $300 million combined. The Defense Security Cooperation Agency said Wednesday the FMS deals also cover F-16 ...
