PAE (Nasdaq: PAE) and Amentum are expected to carry on with their planned merger after the Falls Church, Virginia-based defense and government services contractor did not secure an alternative acquisition offer during the go-shop period that expired Monday. Germantown, Maryland-based Amentum agreed to buy PAE in an all-cash deal worth approximately ...
In its most recent Executive Spotlight interview, ExecutiveBiz spoke with Robert Dapkiewicz, general manager and senior vice president of federal at MetTel, about the company’s Global Cloud Network, the long-term impact of SASE architecture on federal network capabilities as well as intelligent process automation, data analytics and business intel...
Information technology provider CDW (Nasdaq: CDW) has closed its approximately $2.5 billion cash purchase of Sirius Computer Solutions from private investment firm Clayton, Dubilier & Rice. CDW said Thursday it expects the transaction to help grow the company’s IT portfolio for the government and business enterprise sectors in the areas of...
Northrop Grumman, Blue Origin and Nanoracks have received contracts worth $415.6 million combined from NASA to design space-based facilities for low Earth orbit. The Space Act Agreements come as the agency is looking to retire the International Space Station and transition to newer commercially developed facilities that could be accessible to both p...
Launch services provider Rocket Lab USA (Nasdaq: RKLB) has completed its stock-and-cash acquisition of Silver Spring, Maryland-based spacecraft separation technology developer Planetary Systems Corp. The transaction — which was first announced in November — comprises $42 million in cash, 1.72 million shares from Rocket Lab’s common...
Dev Kalyan, former chief clinical transformation officer and chief growth officer of OptumServe, has assumed the CGO role at B3 Group. He will be responsible for B3 Group’s customer engagement initiatives aimed at helping federal enterprise customers implement processes around data governance, cybersecurity, program management and functional ...
TYSONS CORNER, VA, Dec. 1, 2021 — BlueHalo seeks to grow its cyber and signal intelligence portfolio and provide intelligence community customers with open-source intelligence offerings through its acquisition of Asymmetrik, a Maryland-based software and technology developer, ExecutiveBiz reported Nov. 23. “The combination of Asymmetrik’s and ...
The U.S. Navy has awarded four five-year contracts worth $1.74 billion combined to procure maintenance, repair and modernization services for non-nuclear surface combatant and amphibious ships. The multiple-award, indefinite-delivery/indefinite-quantity contracts covering lots 1 through 4 include scheduled docking and non-docking, continuous and eme...
A new McAleese & Associates report says major defense prime contractors recorded a 4 percent to 6 percent increase in sector profit during the third quarter of 2021. Jim McAleese, founder of McAleese & Associates and a three-time Wash100 winner, presented an analysis of the Q3 financial performance of Boeing (NYSE: BA), General Dynamics (NYS...
An Austal subsidiary in Mobile, Alabama, will help the U.S. Navy maintain littoral combat ships deployed to the Indian Ocean and the Western Pacific region under a potential $215.8 million indefinite-delivery/indefinite-quantity contract. The five-year IDIQ award to Austal USA has a $72.5 million initial value that covers LCS continuous maintenance ...
