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Tag Archives: government services

Richard McFarland Promoted to Gov’t Relations SVP at Parsons; Chuck Harrington Comments

Richard McFarland has been promoted from vice president to senior vice president of government relations at Parsons‘ government services segment,  where he will be responsible for national security and other federal programs. “He has made a tremendous impact on the corporation since joining us in 2010, building on our relationships on …

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Exelis Spins Off Gov’t Services Arm ‘Vectrus’

Exelis (NYSE: XLS) has completed the spinoff of its mission systems business unit into a standalone company called Vectrus. Vectrus will trade under the “VEC” ticker symbol beginning on Monday and aims to deliver information technology, infrastructure and supply chain management, network communication and logistics services in the government market, …

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Brian Sheridan Rejoins Bechtel As Defense, Security Business GM; Craig Albert Comments

Brian Sheridan, who managed projects at Bechtel Corp. for 10 years prior to joining BAE in 2011, has rejoined Bechtel as general manager of the firm’s U.S. defense and security business line within its government services unit. The 30-year industry veteran will oversee the organization’s operations and partnerships with customers …

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Exelis to Spin Off Military, Gov’t Services Business; David Melcher Comments

Exelis‘ board of directors (NYSE: XLS) has approved a plan to spin off the company’s military and government services business unit, known as Exelis Mission Systems, into a new independent company by the summer of 2014. The new company will be led by Kenneth Hunzeker, president and general manager of …

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Bob Kipps: GovCon M&A Market Takes Turn Towards Equilibrium

Finding The New Normal Bob Kipps, Managing Director,  KippsDeSanto & Company With only 15 government services and 25 defense M&A deals announced so far this year (vs 72 for the comparable period in 2012), it may seem premature to say the M&A market’s back in equilibrium. However, it seems to …

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Randy Morgan Promoted to Parsons Govt Services Operations EVP; Mary Ann Hopkins Comments

Randy Morgan, a former senior vice president at Parsons Corp., has been promoted to executive vice president of operations for the company’s government services business. Morgan’s appointment is effective immediately and he will be responsible for overseeing nine support departments, as well as the business’ divisions and projects, Parsons said …

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Bob Kipps: Early 2013 GovCon M&A in “Eye of the Storm”

Eye of the GovCon M&A Storm Bob Kipps, Managing Director, KippsDeSanto & Company After gushing throughout 2012, GovCon M&A deal announcements have slowed to a trickle thus far in 2013.  At a recent deal conference in DC last week, lenders and other transaction advisors were commenting about their lack of …

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Parsons Promotes Bill Bodie, Biff Lyons, Kurt Tripp; Mary Ann Hopkins Comments

Parsons Corp. has announced a series of executive appointments in its government services leadership team, less than a week after announcing 23-year company veteran Mary Ann Hopkins as head of that business unit. All appointments are effective Oct. 15, the same day Hopkins starts as government services president. Bill Bodie, …

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