Tag Archives: John Hillen

GTEC Cooks Up Field Kitchens Deal with Marine Corps; John Hillen Comments

GTEC (Nasdaq: GTEC) claimed a $48 million contract to provide Expeditionary Field Kitchens to the United States Marine Corps. The contract contains a five-year period of performance. According to the firm, the kitchens are “designed to provide deployed warfighters with the advantage of daily, fresh meals, the EFK is a …

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GTEC Wraps Up Signature Government Solutions Purchase

GTEC (NASDAQ: GTEC) has finalized its planned $52.5 million purchase of Signature Government Solutions, LLC (SGS). According to the firm, “GTEC funded the acquisition with its $100 million revolving credit facility. The deal is expected to be immediately accretive to GTEC’s diluted earnings per share.” “We welcome SGS to the …

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Vangent’s Mac Curtis, CACI’s Paul Cofoni to Lead Lineup of GovCon Exec All-Stars

The Professional Services Council (PSC) has announced the latest alignment of its leadership team. The association focuses public policy, leads strategic coalitions and works to facilitate dialogue between government and industry. Mac Curtis, CEO of Vangent, was re-elected to the position of chairman. CACI CEO Paul Cofoni will once again …

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GTEC Locks Up Nine-Figure Revolving Credit Facility

GTEC (NASDAQ: GTEC) has released the following financial announcement: “[The firm has] entered into a $100 million revolving credit facility on Dec. 10, 2010 with a syndicate of banks led by SunTrust Bank and Wells Fargo. The facility matures on Dec. 10, 2013 and provides GTEC with the flexibility to …

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GTEC’s John Hillen Signs Off on Signature Government Solutions Acquisition

Global Defense Technology & Systems, Inc. (NASDAQ: GTEC) has agreed to acquire  Signature Government Solutions, LLC (SGS) at a cost of $52.5 million. SGS delivers sophisticated information technology, cybersecurity and intelligence analysis services to the Intelligence Community.   The Herndon, Va.-based firm generated $37 million last year and  boasts a 100-percent …

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Done Deal: Zytel Becomes GTEC Cyber Solutions; John Hillen Comments

Global Defense Technology & Systems, Inc. (NASDAQ: GTEC) has completed the acquisition of Zytel Corporation (Zytel) for $26.8 million. Zytel will be rebranded GTEC Cyber Solutions and will focus on cybersecurity and mission systems in support of intelligence, counterterrorism, and cyber-warfare missions. “This business combination fulfills a key element of …

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GTEC Names Joseph Cormier CFO; John Hillen Speaks

Global Defense Technology & Systems, Inc. (NASDAQ: GTEC) named Joseph M. Cormier to the position of executive vice president and chief financial officer. Current CFO James P. Allen will move into a senior adviser role at the firm. “We are pleased to promote Joe into the CFO role for the …

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GTEC Wins Deal to Help Army with Camp Solutions; John Hillen Comments

Global Defense Technology & Systems, Inc. (Nasdaq: GTEC) claimed a $37 million contract to provide camp solutions to the U.S. Army as the military looks to modernize and mobilize. GTEC will offer Expeditionary Tricon Systems (ETS), which will make use of new advancements in shower water re-use technology. John Hillen, …

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GTEC Agrees to Buy Cybersecurity Firm Zytel; John Hillen Remarks

Global Defense Technology & Systems, Inc. (NASDAQ: GTEC) has a deal in place to purchase Zytel Corporation (Zytel) for $26.8 million. Zytel focuses on “cybersecurity, mission systems in support of the critical intelligence, counterterrorism, and cyber warfare missions of its national security clients.” GTEC anticipates the transaction will be in …

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GTEC Books Deal from NRL to Continue Plasma Research

Global Defense Technology & Systems, Inc. (NASDAQ: GTEC) won a contract to continue their support of the research initiatives of the Naval Research Laboratory’s (NRL) Charged Particle Physics Branch within the Plasma Division.  The contract has one base year and four options and a total value of $6, 141, 655. …

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