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Tag Archives: pwc

PwC: US Aerospace & Defense Firms Spend More in R&D for 2017

TYSONS CORNER, VA, Nov. 20, 2017 — PwC‘s global consulting unit has found a nearly $12 billion increase in the research and development budgets of U.S. aerospace and defense companies in 2017, led by Boeing (NYSE: BA), United Technologies Corp. (NYSE: UTX) and Lockheed Martin (NYSE: LMT), ExecutiveBiz reported Friday. Defense …

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IT Industry Vet Maria Pernas Named Capgemini Group General Counsel

Maria Pernas, formerly senior vice president and group general counsel at information technology company Atos, has been named group general counsel at consulting, technology and outsourcing services provider Capgemini. She previously managed contract management and regional legal functions at Atos and served as group diversity program manager for the Bezons, France-based …

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Belcan Agrees to Buy Schafer, Taps Lee Shabe to Lead Newly Formed Govt Services Segment

Belcan, a portfolio company of private investment firm AE Industrial Partners, has agreed to buy Schafer Corp. from Metalmark Capital Partners for an undisclosed amount in a move to expand its technical and engineering service offerings. Both companies expect to complete the transaction in the second quarter of 2017, Belcan said Thursday. Belcan CEO …

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Octo Consulting Names Tom Lee National Security Business SVP; Mehul Sanghani Comments

Tom Lee, former vice president of national security at Acuity, has joined digital services provider Octo Consulting Group as senior vice president of the national security business unit. Octo said Monday Lee will oversee the company’s business development efforts and information technology programs for national security customers such as FBI and the …

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PwC: Long-Term Commitment, Local Industry Cooperation Key to Int’l Defense Contracts

TYSONS CORNER, VA, March 3, 2017 — PwC has urged defense contractors to build on long-term relationships with the local military and industrial bases at foreign countries to offset reduced activity in traditional defense markets due to budget constraints, ExecutiveBiz reported Thursday. Randy Starr and Anurag Garg, aerospace and defense industry advisers at …

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Belcan Buys Kemtah Group in Govt IT Services Expansion Push

Belcan, a portfolio company of private investment firm AE Industrial Partners,  has purchased The Kemtah Group for an undisclosed amount in a strategy to expand the former’s government information technology services business. Belcan CEO Lance Kwasniewski said in a statement released Thursday the transaction comes five months after it acquired Intercom Consulting & Federal …

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Ryan Elliott Joins Comprehensive Health Services as Federal Domestic Programs VP; Doug Magee Comments

Ryan Elliott, formerly vice president of business development at BNL, has joined Comprehensive Health Services as VP of federal domestic programs at the Cape Canaveral, Florida-based workforce medical services contractor. CHS said Thursday he will report to Doug Magee, senior VP for business development, and oversee the company’s domestic business development initiatives across the federal market. …

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New CEO Chuck Prow: Vectrus Looks to ‘Fuse Physical & Digital Aspects’ of Logistics Work

Facility and logistics services provider Vectrus (NYSE: VEC) will continue to prioritize information technology and network communications as areas of pursuit for potential growth as the company looks ahead to 2017, its newly-appointed CEO has told GovCon Wire. Colorado Springs-based government services contractor Vectrus has $1.5 billion in bids for new …

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Weekly Roundup December 5 – December 9, 2016: Vectrus Brings Aboard New CEO & more

December 5 – December 9, 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson GovCon industry leaders and observers welcomed Vectrus to the government services landscape in the autumn of 2014 and this week marks the beginning of a new era for …

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Carlyle Group to Sell All Remaining Booz Allen Shares

Global investment firm Carlyle Group plans to sell the remaining 11.3-percent stake it holds in government services contractor Booz Allen Hamilton (NYSE: BAH) six years after the latter’s initial public offering. Booz Allen said Thursday it expects Carlyle’s divestiture of 16.7 million shares for $36.75 each through a secondary offering to close Dec. …

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