Mark Lee, former executive vice president of public sector business at ICF (Nasdaq: ICFI), will step into the chief technology executive role at the Reston, Virginia-based consulting and technology services provider. He will oversee a group focused on expanding the company’s technology capabilities and federal digital modernization business and le...
In 2022, the GovCon landscape saw announcements and completions of merger-and-acquisition deals at privately held, publicly traded and private equity backed companies that sought to expand what they could offer to their federal customers. Continuing reading below for Executive Mosaic editorial team’s rundown of transactions and insights from i...
ICF (Nasdaq: ICFI) reported $359.9 million in revenue from government clients during the third quarter of fiscal year 2022, reflecting a 25.6 percent increase from the prior-year period. The Fairfax, Virginia-based company said Thursday Q3 sales from U.S. federal government clients rose 39 percent to $271.3 million and represented 58 percent of tota...
ICF (Nasdaq: ICFI) has purchased Blanton & Associates, an environmental consulting services provider headquartered in Texas, for an undisclosed amount. Fairfax, Virginia-based ICF said Thursday it expects the acquisition to grow the company’s presence in a key market that stands to benefit from the new Bipartisan Infrastructure Law Spendin...
ICF (Nasdaq: ICFI) saw its revenue from government clients for the second quarter of fiscal year 2022 increase 13.9 percent to $316.4 million. The Fairfax, Virginia-based consulting and technology services company said Friday its Q2 federal government revenue was $225.2 million, representing 53 percent of total revenue. Sales from U.S. state and loc...
John Wasson, CEO of ICF and a two-time Wash100 Award recipient, was featured in a recent Executive Spotlight interview published Tuesday. He talked about the company’s recent acquisitions and how it could drive growth in the public sector market. The Q&A also tackled ICF’s work with the Department of Health and Human Services and oth...
Consulting services company ICF (Nasdaq: ICFI) has agreed to acquire SemanticBits for approximately $220 million to expand its health information technology and digital modernization capabilities in support of federal health agencies. Fairfax, Virginia-based ICF said Wednesday it expects the acquisition to close in mid-July, subject to regulatory ap...
ICF (Nasdaq: ICFI) reported fiscal 2022 first quarter revenue of $311.9 million for its government client category, representing a 15.7 percent increase from the same period a year ago. The Fairfax, Virginia-based consulting and digital services provider said sales during the most recent quarter totaled $413.5 million, compared with $378.5 million i...
ICF (Nasdaq: ICFI) reported $272.6 million in revenue from government clients for the fourth quarter of its 2021 fiscal year ended Dec. 31, a 9.2 percent increase from the prior year period. John Wasson, chairman and CEO of ICF and two-time Wash100 winner, told investors on an earnings call the company’s U.S. federal business experienced...
Barry Broadus, a former Dovel Technologies executive with over three decades of financial management experience, will join ICF (Nasdaq: ICFI) by the end of February to serve as its chief financial officer. He will take over from Bettina Garcia Welsh, who will remain with the company as an adviser until early April to smoothen the...
