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Tag Archives: government services

Bill Ballhaus: SRA to Purchase Qbase Assets for Health IT, Homeland Security Push

SRA International has agreed to acquire a portion of Qbase‘s government services business for an undisclosed sum in a push to expand work with homeland security, law enforcement and healthcare government agencies. SRA said Tuesday it expects to complete the acquisition by April and the assets it will purchase encompass information technology and professional services. Qbase is a privately-held software …

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SAIC’s CEO, Tony Moraco Named to Wash100 List for Government Services Leadership

Executive Mosaic, Tysons Corner, VA February 19, 2015 – Tony Moraco, CEO of Science Applications International Corp., has been selected as one of the inductees to this year’s Wash100 list of the most influential leaders in GovCon for his leadership role in the government services market. The Wash100 is the premier …

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Brian Clark: NCI Targets Govt Services Market Growth with Computech Buy

NCI (NASDAQ: NCIT) has agreed to purchase Bethesda, Maryland-based government services provider Computech for approximately $56 million in cash. NCI said Monday it expects the transaction to close on Thursday and that it will finance the deal with cash on hand and credit facility borrowings. “The acquisition of Computech is in line …

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AECOM Closes $4B Buy of URS Corp. in Energy, Gov’t Services Market Push

AECOM Technology Corp. (NYSE: ACM) has closed its estimated $4 billion purchase of San Francisco-based engineering and construction services firm URS Corp. after shareholders at URS approved the transaction Thursday. Los Angeles-based AECOM announced the completion of the deal Friday and said it planned to pursue growth in the oil and …

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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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