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Tag Archives: pwc

PwC: Aerospace & Defense Industry Reported $728B in 2017 Revenue

A new PwC report says the aerospace and defense sector recorded $728 billion in 2017 revenue, reflecting a 4 percent increase from the previous year. PwC reported that A&D companies posted a combined operating profit of $77 billion in 2017 with an on operating margin of 10.6 percent, up from 9.3 percent in …

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Executive Mosaic’s Weekly GovCon Round-Up: Wash100 GCW Reader’s Choice Awardees, Recent M&A Activity and Top 10 Stories

The Week’s Top GovCon News Stories View this email in your browser Weekly Roundup April 30 – May 4, 2018 Click here to see Real-Time GovCon Sector Quotes Executive Mosaic’s Weekly GovCon Round-Up: Wash100 GCW Reader’s Choice Awardees, Recent M&A Activity and Top 10 Stories Jim Garrettson, Executive Mosaic CEO Wash100: GCW …

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Veritas Closes PwC Public Sector Purchase; Ramzi Musallam, Scott McIntyre Comment

New York City-based Veritas Capital has wrapped up its acquisition of PricewaterhouseCoopers‘ U.S. public sector arm that offers strategic advisory services to federal, state and local government agencies. The private equity firm will rename the acquired business once current rebranding efforts are completed, Veritas said Tuesday. “We are excited to start this next stage …

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PwC: Global Aerospace & Defense M&As Reached $15B in Q1 2018

A new PwC report says the value of global mergers and acquisitions in the aerospace and defense sector hit $15 billion in the first quarter of fiscal 2018, reflecting a 28 percent increase over the previous quarter and a 19 percent rise from the same period last year. PwC reported that global …

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PwC-Microsoft Alliance to Advance New Cybersecurity Portfolio

TYSONS CORNER, VA, April 19, 2018 — PwC and Microsoft (Nasdaq: MSFT) have expanded their alliance to advance a new suite of cybersecurity services and tools that are geared to safeguard customers’ IT networks and data, ExecutiveBiz reported Wednesday. The product portfolio will cover enterprise security architecture, identity and access management, …

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Executive Mosaic’s Weekly GovCon Round-up: 2018 Wash100 Watch – Top 5 GovCon Executives of Consequence Leading the Vote

Weekly Roundup February 12 – February 16, 2018 Click here to see Real-Time GovCon Sector Quotes The Current Top 5 GovCon Executives of Consequence Jim Garrettson, Executive Mosaic CEO We’re three weeks into the 5th annual Wash100 season and the voting turn out has been fantastic! The popular vote will be active until April 30th, so be …

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Veritas Capital to Buy PwC’s US Public Sector Business

Veritas Capital has agreed to purchase the U.S. public sector business of PwC for an undisclosed sum. Veritas said Wednesday it will rename and run the business as an independent company once it finalizes the transaction and completes regulatory approvals and other customary closing conditions. The U.S. public sector business will …

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Jonathan Alboum Named Public Sector CTO at Veritas Technologies

Jonathan Alboum, former chief information officer at the Agriculture Department, has joined Veritas Technologies as chief technology officer of the Mountain View, California-based data management company’s public sector business. Veritas said Tuesday Alboum will aim to help government clients manage, secure and identify business value from data on premises or in multicloud environments. In …

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PwC: Global Aerospace, Defense M&A Hit $72B in 2017

A new PwC report says the value of global mergers and acquisitions in the aerospace and defense sector reached $72 billion in 2017, exceeding the previous record of $67 billion set in 2015. PwC reported that A&D companies worldwide recorded 454 M&A transactions last year with an average deal size of $411 million. Significant …

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Former Engility Exec Richard Harkey Joins WBB as SVP, CFO; Robert Olsen Comments

Richard Harkey, former vice president, chief accounting officer and corporate controller at Engility (NYSE: EGL), has joined Whitney, Bradley & Brown as senior VP and chief financial officer. Harkey will oversee WBB’s contracts, finance, information technology operations and facilities in his new role, the company said Tuesday. “Rich is a …

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