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Los Angeles-based Nexus Capital Management has acquired Aviation Ground Equipment Corp. for an undisclosed sum and will integrate AGEC as a new entity within HDT Global. Established in 1984, AGEC is a veteran-owned business that manufactures ground-based and shipboard ground power units, portable universal load banks and other aviation ground suppor...

Amentum completed its $1.9 billion all-cash acquisition of PAE in February 2022, and John Heller, who previously served as PAE CEO, became the head of the combined enterprise. Executive Mosaic spoke with Heller, a seven-time Wash100 Award winner, in an exclusive video interview to get an inside look at the company one year later. Vote for John H...

Deep Water Point has closed its acquisition of management consulting firm Wolf Den Associates and changed its name to Deep Water Point & Associates as part of a rebranding effort. The new corporate name reflects the combination of two companies into a single entity focused on delivering a suite of management consulting services to federal...

The U.S. Navy has awarded seven companies positions on a potential five-year, $2.5 billion contract to design and construct facilities in Guam and other areas of operations of the Naval Facilities Engineering Systems Command Pacific.  NAVFAC Pacific received nine proposals for the firm-fixed-price, indefinite-delivery/indefinite-quantity contra...

Denver-based cybersecurity company Optiv has purchased Hanover, Maryland-based government IT provider ClearShark in a strategy to expand the former’s work with federal agencies, CRN reported Monday. The deal marks the company’s first acquisition under Lynch, who told CRN in an interview he expects to close more purchases moving forward. ...

The U.S. Army Corps of Engineers has awarded seven companies $99 million in total contract modifications to repair and renew medical facilities. Contractors will compete for task orders to support USACE’s design-build projects through March 11, 2023, the Defense Department said Friday. Work locations and funds will be identified as each order ...

Executive Mosaic is thrilled to induct Bill Monet, president and CEO of Akima, into the Wash100 Award during its historic 10th year for his leadership in continuing company growth through numerous government contract awards to its subsidiaries and executive appointments. The annual Wash100 recognition is for public and private sector leaders the Exe...

President Joe Biden’s budget request for fiscal year 2024 includes $842 billion in defense spending and Lloyd Austin, secretary of the Department of Defense and a 2023 Wash100 Award recipient, said the proposed DOD budget would enable the Pentagon to continue the implementation of the National Defense Strategy and invest in capabilities that could...