Dallas-based investment firm CBRE Group has closed its acquisition of federal contractor J&J Worldwide Services from Arlington Capital Partners for approximately $800 million in cash as part of a push to broaden its public sector capabilities. The development came weeks after CBRE agreed to buy J&J through a transaction that includes a poten...
Olivia Fines, former Parsons senior vice president, was named chief legal and compliance officer and corporate secretary at Constellis. In a statement published Tuesday, Terry Ryan, CEO of Constellis, welcomed Fines on behalf of the board and executive team. “Her extensive experience in federal procurement processes, technology deployment, ris...
The Federal Aviation Administration has awarded Columbia, Maryland-based Frequentis USA a potential $477.3 million contract to provide air-to-ground protocol converter systems designed to replace radio control equipment in the National Airspace System. FAA announced the contract award in a notice published Tuesday on SAM.gov. The agency expects the ...
The Defense Health Agency awarded ManTech‘s Advanced Systems subsidiary a $166 million contract to support the LogiCole medical supply chain management system. The contract is part of the General Services Administration Alliant 2 vehicle focused on software lifecycle services, the Department of Defense said Tuesday. LogiCole is a consolidation...
Chris Shank, former vice president at Maxar Technologies (NYSE: MAXR), has joined global aerospace and national security company SNC to serve as VP of enterprise strategy. The Washington, D.C.-based organization said Tuesday Shank will focus on overall enterprise business strategy development and coordination to support the evolving business priorit...
Executive Mosaic’s GovCon Index endured the roller coaster ride during the holiday-shortened week. Besides closing 0.64% higher on Feb. 23, 2024, the index that tracks the performance of 30 notable government contractors marked six straight winning weeks. At $4,839.92, the week-to-week gain is 1.1%. Like the GCI, Wall Street’s major indexes adva...
NASA has started soliciting proposals as part of the on-ramp process for a potential five-year, $476 million contract to acquire Earth observation data derived from constellations of small satellites operated by commercial entities. The space agency will conduct the on-ramping process for the Commercial SmallSat Data Acquisition indefinite-delivery/...
John Meade, an associate at Blue Delta Capital Partners, has assumed the position of principal at the Tysons, Virginia-based growth-stage venture capital firm focused on the U.S. federal government services sector. “John provides excellent insights not only to the rest of us at Blue Delta, but to the management teams that we are fortunate to...
Sierra Lobo won the $282.1 million Space Flight Systems Development and Operations Contract III to support NASA’s Glenn Research Center in Cleveland. NASA said Thursday that the company will deliver services ranging from space flight hardware design to software development and technology testing and demonstration. The cost-plus-fixed-fee, indefini...
Tetra Tech (Nasdaq: TTEK) has acquired federal enterprise technology services contractor LS Technologies for an undisclosed sum as part of efforts to expand its client base and portfolio of management consulting, digital transformation and other information technology support services for government and commercial customers. “The addition of LS Te...
