Tag Archives: government services

Bluestone Investment Partners has made an investment in Intrepid Solutions and Services, a Sterling, Va.-based provider of enterprise information technology, operational training and data analysis support to intelligence community clients.

Affiliates of private equity firms Lindsay Goldberg and American Securities have agreed to acquire AECOM’s (NYSE: ACM) management services business for $2.4B.

Blue Delta Capital Partners raised $150M for its new fund within four months, exceeding its initial target of $125M.

Ed Caso and Justin Donati, both analysts at Wells Fargo Securities, reported that government services providers are increasingly taking note of potential revenue opportunities in the space domain.

The board of directors at AECOM has approved the company’s plan to separate its management services business as a new publicly traded company that will primarily serve national government clients. AECOM said Monday it expects to complete the spinoff in the second half of its 2020 fiscal year and retain John Vollmer, the segment’s president and a 2019 Wash100 winner,  along with the current management team in the leadership of the future independent company.

TYSONS CORNER, VA, May 1, 2019 — Bill Weber, president and CEO of KeyW (Nasdaq: KEYW), indicated the company’s planned $815M merger with Jacobs Engineering Group (NYSE: JEC) is in line with its effort to deploy capital in support of growth initiatives, ExecutiveGov reported April 22. “In Jacob Engineering, we …

Arlington Capital Partners announced its strategic investment in Octo Consulting Group on Thursday.  Octo develops solutions for federal government clients in health care, national security, civilian and defense agencies. The company’s expertise with Agile software development, UI/UX, cloud, infrastructure, blockchain and other emerging technologies enable agencies to modernize their infrastructure. …

On Tuesday, KBR revealed the company’s fourth quarter and financial results for fiscal 2018 and announced 31 percent organic growth in government services for the fourth consecutive quarter. In the fourth quarter, KBR had a revenue growth of 42 percent to $1.3B with diluted EPS of $0.31, an adjusted EPS …

TYSONS CORNER, VA, February 22, 2019 — Mark Sopp, executive vice president and chief financial officer of KBR (NYSE: KBR), has said the company has positioned its space business to provide thought leadership and contracting support to government as it renews efforts in human space exploration and explores the integration …

Eighty percent of 222 dealmakers who responded to a KippsDeSanto & Co. survey expect merger-and-acquisition activity in the aerospace, defense and government services markets to increase this year or remain the same as last year. KippsDeSanto said Tuesday more than 60 percent of 2019 M&A Survey respondents were executive-level corporate or strategic buyers and …