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Tag Archives: ncit

FTC Clears HIG Capital’s $283M NCI Purchase

The Federal Trade Commission has given antitrust approval for global private equity firm H.I.G. Capital’s proposed $283 million cash acquisition of government information technology services contractor NCI (Nasdaq: NCIT). FTC granted early termination of the required waiting period for the deal under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, NCI said …

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NCI Hires Federal IT Vet James Bowlin as Cybersecurity Engineering VP

James Bowlin, former technical expert for information assurance policy and risk management at the Space and Naval Warfare Systems Center Atlantic, has joined NCI (Nasdaq: NCIT) as vice president of cybersecurity engineering at the Reston, Virginia-based government technology services contractor. He will manage the company’s enterprise strategy for the cyber market …

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Former ASRC Federal Chief, CACI EVP Paul Dillahay Named NCI CEO

Paul Dillahay, a 15-year GovCon management veteran and a former executive vice president at CACI International (NYSE: CACI), has joined Reston, Virginia-based government technology services contractor NCI (Nasdaq: NCIT) as president and CEO in a move that takes effect immediately. NCI said Monday Dillahay succeeds former president and chief executive Brian Clark, …

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NCI Lands $87M Recompete Award for CMS Error Rate Testing Program Support

NCI (Nasdaq: NCIT) has secured a potential five-year, $87 million contract to continue to support a technology platform the Centers for Medicare and Medicaid Services uses to track, review and report claims data under the Medicare Fee-For-Service program. The company said Monday the contract, won through a recompete, contains one base year plus four option years and …

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NCI Pens Air National Guard Deal

NCI (NASDAQ:NCIT) secured a $26.5 million task order through GSA Schedule 70 to direct the Consolidated IT/DBA Support for the Air National Guard. The task order has a six-month base term and four one-year option periods. “NCI recognizes the importance of this task order as part of a larger Air …

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PEO, BRAC Work Spur Growth for NCI

NCI (NASDAQ: NCIT) announced first quarter 2011 revenue of $150.2 million, all organic, an increase of 31 percent over first quarter 2010 revenues of $115.0 million. According to the firm, “the year-over-year increase in revenue was attributable primarily to growth in the Army Program Executive Office Soldier and Base Realignment …

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NCI Finalizes AdvanceMed Purchase

NCI (NASDAQ:NCIT) has acquired the outstanding capital stock of CSC’s (NYSE: CSC) AdvanceMed. AdvanceMed supports services focused on the detection and prevention of fraud, waste, and abuse in healthcare programs, providing investigative services to the Centers for Medicare and Medicaid Services. NCI purchased the firm for $62 million.

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NCI to Buy CSC’s AdvanceMed Corp.

NCI, Inc. (NASDAQ:NCIT) has a deal in place to acquire CSC (NYSE:CSC) subsidiary AdvanceMed Corporation. AdvanceMed focuses on healthcare program integrity services specifically in the area of the detection and prevention of fraud, waste, and abuse in healthcare programs. NCI expects the deal to close in early April.  Additional details …

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NCI Releases Specifics of ‘Very Successful’ 2010

NCI (NASDAQ:NCIT) issued financial results for the fourth quarter and year of 2010. For the fourth quarter of 2010, NCI reported “record revenue of $171 million compared to $125 million for the fourth quarter of 2009, with a revenue growth rate of approximately 37 percent. Operating income for the fourth …

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NCI Names Brian Clark CFO

NCI (NASDAQ:NCIT) hired Brian Clark to serve as chief financial officer and treasurer. Clark will join the firm in April. He previously served as CFO and treasurer for Stanley.  That firm was acquired last year by CGI Federal. “We are exceptionally pleased to have Brian join our executive team, ” …

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