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Tag Archives: CSC

Weekly Roundup January 30 – February 3 2017: The 28 CEOs in This Year’s Wash100 & more

Weekly Roundup January 30 – February 3 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Our fourth annual Wash100 list of Government Contracting’s Most Influential Figures hit the presses last week to recognize leaders in the public and private sectors and those …

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HPE, CSC Reveal Board of Directors for Future Combined IT Services Company

Hewlett Packard Enterprise (NYSE: HPE) and Computer Sciences Corp. (NYSE: CSC) have named 10 directors who will serve on the board of the company that will form out of a planned merger between CSC and HPE’s enterprise services business. The companies said Friday current CSC President and CEO Mike Lawrie will …

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Harris to Sell Govt IT Services Business to Veritas Capital for $690M

Harris Corp. (NYSE: HRS) has agreed to sell its government information technology services business to private equity investment firm Veritas Capital for approximately $690 million in the military radio maker’s second major divestiture over less than one month as part of its larger portfolio reshaping effort. The deal comes approximately three weeks …

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Weekly Roundup January 16 – January 20 2017: Trump Transition Is Here, New Wash100 Next Week & more

Weekly Roundup January 16 – January 20 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson All eyes were on Washington today as Donald Trump took the oath of office on Capitol Hill to become the 45th President of the United States and officially …

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Booz Allen’s Greg Wenzel Details Engineering, Digital Services Push Through Aquilent Buy

Booz Allen Hamilton‘s (NYSE: BAH) pending $250 million purchase of Laurel, Maryland-based cloud computing and digital services contractor Aquilent represents a selective entry into the GovCon acquisition landscape for a firm as it has made five purchases. McLean, Virginia-based Booz Allen largely sat out of last year’s large deal activity that reshaped the government technology services sector …

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Vernon Joyner Promoted to Ensco National Security Solutions Division VP

Vernon Joyner, formerly manager of the national security solutions division at engineering and technology services contractor Ensco, has been promoted to vice president of the NSS division. Joyner holds 30 years of software development, system engineering, program management, and organizational leadership experience,  ENSCO President Boris Nejikovsky said Tuesday. “He has been a …

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Booz Allen CFO Ties $250M Aquilent Deal to ‘Vision 2020’ Digital Services Strategy

Booz Allen Hamilton (NYSE: BAH) Chief Financial Officer Lloyd Howell characterized to investors Wednesday the firm’s pending $250 million acquisition of digital services contractor Aquilent announced Tuesday as a “tuck-in, capability-based” versus other large scale-focused transactions in the industry over the past year. Howell told attendees of the Credit Suisse Industrial Conference in Palm Beach, …

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Former CSRA Exec David Rhodes Joins MCR Federal as Civil Programs VP

MCR Federal has appointed Dave Rhodes, former industry general manager for non-health civil agencies at CSRA (NYSE: CSRA), as vice president of civil programs. MCR said Tuesday that Rhodes will manage the company’s operational support to civilian agencies and lead its civil portfolio expansion efforts. “Dave has a long history of providing world-class …

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Randy Cole Shifts to Consulting Services & Product Sales SVP Role at NeoSystems

Randy Cole, former client services vice president within NeoSystems‘ managed accounting services division, has been appointed as senior vice president for consulting services and product sales at the strategic back office services firm. NeoSystems said Monday Cole also joined the company’s executive team. “Randy is a government contracting, cost accounting, and Deltek …

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CSRA Tops Street’s 2Q Earnings, Revenue Forecasts

GovCon Index– and S&P 500-listed CSRA (NYSE: CSRA) reported second quarter earnings and revenue above Wall Street analysts’ forecasts after markets closed Wednesday on what the company cited as ramps of new business awards and expansion of existing work. Earnings for the three-month period ended Sept. 30 came in at …

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