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The SI Organization has rebranded itself as Vencore to highlight the systems engineering provider’s renewed focus on its core business in engineering, cybersecurity and data analytics. The Chantilly, Virginia-based firm said the name change, announced Wednesday, is the culmination of recent busin...
QinetiQ confirmed Tuesday that it has completed the sale of its U.S.-based services division to The SI Organization, a little more than a month after regulatory and shareholder approvals were met. The SI Organization has made an initial payment of $165 million for QinetiQ North America‘s services group and could pay an additional $...
The SI Organization has moved to grow its footprint in fields such as cybersecurity and analytics by agreeing to purchase QinetiQ North America‘s services and solutions group. The SI expects to close the deal in the second quarter of calendar year 2014 after regulatory approvals have been completed, the company said Tuesday. Reuters reports&Ac...
Michael Polmar, formerly a senior vice president at ManTech International (NASDAQ: MANT), has joined The SI Organization as SVP of business development. He formerly led business development work for ManTech’s technical services group and is also a former VP of business development and marketing at Science Applications International Corp. (NYSE...
Mac Curtis, operating executive at Veritas Capital and former CEO of Vangent, will lead The SI Organization as president and chief executive starting July 1. The 25-year federal market veteran succeeds the retiring Bill Graham, who led the SI for nine years and through its 2010 acquisition by Veritas from Lockheed Martin (NYSE: LMT) ,...
Cognosante has appointed former Vangent executive Eileen Cassidy Rivera vice president of marketing and communications, the company announced Thursday. She will lead the company’s marketing, communications and branding programs and will report to CEO Michele Kang. Prior to General Dynamics’ acquisition of Vangent, she served as vice pr...
Former Vangent CEO Mac Curtis has joined Veritas Capital in Washington, GovCon Wire has learned. Curtis told GovCon Wire Thursday his role with the private equity firm is helping identify and acquire companies in the government market. Veritas became the owner of Vangent, then known as Pearson Government Solutions, in 2007 for around $600 million....
Executive Mosaic, the publisher of GovCon Wire and a stable of online news properties geared toward the government-contracting industry, has launched the fall issue of its quarterly print magazine, GovCon Exec . The latest issue focuses on growth opportunities for government contractors. This issue comes at a time where the nation is taking steps...
Vangent Inc. has hired Bank of America Merrill Lynch and Goldman Sachs Group to pursue a sale of the company, according to a June 2 Reuters report. The process has reportedly drawn interest from both private-equity firms and other companies doing business in the government contracting sector. Private-equity firm Veritas Capital bought Vangent, then ...
Arlington, Va.-based Vangent‘s announced, in the quarter ending April 2, revenue increased 22 percent compared to the prior-year period. The firm’s revenue numbers, adjusted for the completion of a U.S. 2010 Census contract, were driven by an increase of $32.1 million in revenue from the acquisition of IT firm Buccaneer. The company also sai...
