GovCon Wire Your Direct Source for Government Contracting News
Cloudera (NYSE: CLDR) has signed an agreement to purchase certain assets of business intelligence and analytics software developer Arcadia Data for an undisclosed amount.
Read More »Cloudera to Buy Certain Arcadia Data Assets
Staffing Firm Vaco Buys MorganFranklin; Jerry Bostelman Quoted
Nashville, Tenn.-based staffing and recruiting firm Vaco has acquired MorganFranklin Consulting for an undisclosed sum in an effort to establish a $750M professional services provider focused on providing end-to-end executive placement, staffing and consulting services to clients across all industries.
Read More »Advent International to Acquire Cobham for $5B
Private equity firm Advent International has agreed to pay approximately $4.99B, including debt, for U.K.-based aerospace and defense contractor Cobham, Financial Times reported Wednesday. The price of the deal represents a premium of nearly 35 percent over the Wednesday closing stock price of Cobham.
Read More »IBM Completes $34B Acquisition of Red Hat; Ginni Rometty, Jim Whitehurst Quoted
IBM (NYSE: IBM) has closed its acquisition of Red Hat for $190 in cash per share or approximately $34B.
Read More »Retired Air Force Lt. Gen. David Buck Forms Consulting Firm
David Buck, a retired U.S. Air Force lieutenant general, has established a consulting company to help space, nuclear and cyber companies develop engagement strategies and match their capabilities with government requirements.
Read More »A-TEK Eyes Federal Health IT Footprint Growth With Mackson Purchase; Kathryn Freeland Quoted
Information technology and scientific services provider A-TEK has acquired Reston, Va.-based Mackson Consulting in an effort to broaden its footprint in the federal health IT market.
Read More »Don Raines Joins Alion as Chief Growth Officer; Steve Schorer Quoted
Don Raines, formerly senior vice president of corporate business development and capture at MacAulay-Brown, has been appointed chief growth officer at Alion Science and Technology.
Read More »Insight Partners to Buy Controlling Stake in Recorded Future for $780M Cash
New York City-based investment company Insight Partners has agreed to acquire a controlling interest in Somerville, Mass.-based threat intelligence technology provider Recorded Future through an an all-cash transaction valued at more than $780M.
Read More »McAleese & Associates: Air Force’s Will Roper Eyes New Contractor Business Model
A report by McAleese & Associates says Will Roper, assistant secretary of the Air Force for acquisition, technology and logistics, is set to host Friday, April 26, an “open door” with industry on new contractor business models. Jim McAleese, founder and principal at McAleese & Associates and a 2019 Wash100 winner, wrote …
Read More »McAleese & Associates: GAO Examines Navy’s Cost Estimate for Columbia-Class Submarine Program
Consulting firm McAleese & Associates has released a report on key takeaways from a Government Accountability Office study on the U.S. Navy’s cost estimate for the Columbia-class submarine acquisition program. Jim McAleese, founder and principal at McAleese & Associates, wrote in the report that GAO challenged the technological maturity of several …
Read More »