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Tag Archives: featured

QTS to Purchase Cloud Contractor Carpathia for $326M; Peter Weber Comments

Overland Park, Kan.-based data center operator QTS Realty Trust (NYSE: QTS) has agreed to acquire Dulles, Va.-headquartered cloud computing provider Carpathia Hosting for $326 million in an effort to grow both companies’ colocation and managed services market footprints. QTS said Thursday it expects to close the deal sometime in the middle of 2015 and the …

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PAE Signs Deal to Buy A-T Solutions in Nat’l Security Growth Push; John Heller Comments

Arlington, Va.-based infrastructure and logistics services contractor PAE has agreed to purchase counterterrorism services provider A‑T Solutions from owners CI Capital and CoVant for an undisclosed sum. PAE said Thursday it expects to close the transaction, which is subject to regulatory approvals,  by the end of May and intends to build up its …

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Sunil Ramchand Promoted to CEO at Mission Essential; Chad Monnin Comments

Sunil Ramchand, chief strategy and business development officer at Mission Essential since 2012, has been promoted to CEO at the Herndon, Virginia-based contractor. He succeeds Peter Horvath, who has held the CEO post for the past three years, and will report to Chairmen Chad Monnin and Gregory Miller, Mission Essential …

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SAIC Lands $118M Seaport-e Task Order for Deployment Prep Support; Tom Watson Comments

Science Applications International Corp. (NYSE: SAIC) will support the U.S. Fleet Forces Command‘s fleet deployment training program under a potential five-year, $118.5 million task order awarded by the U.S. Navy. The company said Thursday it will help develop and implement fleet training policies and directives, design the curriculum and develop, assess and …

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Andrew Strampach Joins Leidos as Global Services BD VP

Andrew Strampach, a former division vice president at Parsons‘ government services business, has joined Leidos (NYSE: LDOS) as VP of business development for the global services group. Leidos said Thursday Strampach will help oversee the company’s business pursuits in the U.S. defense and intelligence markets and oversee an organization comprising more …

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Michael Lewis Joins Seabury Group as A&D, Govt Services SVP; Christopher Kubasik Comments

Michael Lewis, co-founder of The Silverline Group, has joined Seabury Group as senior vice president for the company’s aerospace, defense and government services business. He will report to Patrick Henry Dowling, senior managing director for corporate finance, and lead Seabury’s efforts to establish investment banking operations in the government sector, …

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Ingrid Vaughan Named Manufacturing Ops VP for Northrop’s Electronic Systems Sector

Ingrid Vaughan, formerly director of the Ground/Air Task Oriented Radar program at Northrop Grumman (NYSE: NOC), will take the role of vice president of manufacturing operations for the company’s electronic systems segment. Northrop said Wednesday Vaughan will be in charge of the business unit’s manufacturing capacity, capability, processes and tools as …

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Alion to Support Navy in Ship Lifecycle Mgmt; Rod Riddick Comments

Alion Science and Technology will support the U.S. Navy in managing the service lifecycle of non-nuclear surface vessels under a potential three-year, $192 million task order contract awarded through the SeaPort-e vehicle. The company said Wednesday the Naval Sea Systems Command tasked it to provide technical, training, program, business and financial management support …

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State Dept Selects 6 on Overseas Facility Design, Engineering IDIQ

Six companies have secured final spots on a contract of an undisclosed value to support the State Department‘s architecture and engineering projects across the globe. The agency said Wednesday contractors will work with its Bureau of Overseas Buildings Operations to plan, build and renovate U.S. mission facilities globally. A total …

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May 6 Market Close: GovCon Index, US Stock Losses Deepen on Job Estimates

The GovCon Index declined for the second consecutive day Wednesday to record a loss of 0.155 points and close at 73.147. Health Net (NYSE: HNT) led gainers in the Index at 1.81 percent after the company reported a 28-percent revenue increase year-over-year for its fiscal year 2015 first quarter. U.S. …

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