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Tag Archives: Vangent

GovCon Wire’s September M&A Activity Recap; Contractors Active Across Industry

While no clear sector focus dominated the merger and acquisition landscape in September, government contractors remained busy, closing on several interesting healthcare and cybersecurity deals and divesting some operations. The eight acquisitions GovCon Wire recorded were down from the 11 reported in August, but executive moves ramped up to seasonal …

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General Dynamics Completes $960M Acquisition of Vangent Inc.; Jay Johnson Comments

General Dynamics (NYSE: GD) has completed its acquisition of healthcare IT provider Vangent Inc. for approximately $960 million cash. General Dynamics expects the move will increase its earnings in 2012. Vangent will become part of the company’s IT business unit, GDIT. Vangent’s core offerings include health informatics and information exchange, electronic health records …

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GovConExec Magazine Fall Issue Identifies Peak Markets for GovCon Industry

Executive Mosaic, the publisher of GovCon Wire and a stable of online news properties geared toward the government-contracting industry, has launched the fall issue of its quarterly print magazine, GovCon Exec . The latest issue focuses on growth opportunities for government contractors. This issue comes at a time where the nation is taking …

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General Dynamics to Acquire Vangent Inc. for $960M Cash; CEO Jay Johson Comments

General Dynamics (NYSE: GD) has definitively agreed to acquire the parent company of healthcare IT firm Vangent, Inc. for approximately $960 million in cash. General Dynamics expects the move to increase its earnings in 2012. Arlington, Va.-based Vangent employs 7, 500 workers and specializes in health informatics and information exchange, electronic health …

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Vangent to Support Applications for Defense Health Services

The Defense Department has awarded Vangent, Inc. a contract with its military health system to provide production application support for the Defense Health Services Systems Program Executive Office. Under the contract, Vangent will deliver operations, security and maintenance services for the portfolio of DHSS applications. The contract is worth up to $9 …

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Vangent Announces First Quarter 2011 Financial Results; Mac Curtis Comments

Arlington, Va.-based Vangent‘s announced, in the quarter ending April 2, revenue increased 22 percent compared to the prior-year period. The firm’s revenue numbers, adjusted for the completion of a U.S. 2010 Census contract, were driven by an increase of $32.1 million in revenue from the acquisition of IT firm Buccaneer. …

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Vangent to Review Q1 Financial Results

Arlington, Va.-based consulting firm Vangent announced it will review first-quarter 2011 financial results Thursday via teleconference. According to the firm, the call will take place May 19 at 5 p.m. Those interested parties should call (877) 627-6580 and request the “Vangent First Quarter 2011 Financial Results Conference Call.” Click here …

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Vangent Names New HR VPs; CEO Mac Curtis Comments

Vangent promoted Jennifer Bailey and Emily Markmann to VP positions in the Human Resources function. “Ms. Bailey and Ms. Markmann have both been valuable leaders at Vangent and it’s especially rewarding to see them ascend in their new roles, ” CEO Mac Curtis said. “I’ve enjoyed watching Ms. Bailey’s career …

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Vangent Wins Deal to Support MHS Post-Deployment Site; CEO Mac Curtis Comments

Vangent booked a $3.5 million contract from the Military Health System to enhance afterdeployment.org, a government website “that provides behavioral health and wellness resources to the military community.” The firm will work to improve the existing site and add new preclinical programs and new functionality. “Vangent is pleased to be …

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Vangent Joins Growing List of $1.1 Billion ITSS-4 Winners

Vangent has secured a spot on the Justice Department’s $1.1 billion IT solutions ID/IQ, ITSS-4. Click here for more on other firms that won a spot on the project. “Vangent is honored to have the opportunity to provide critical support to the agencies that comprise the Department of Justice and …

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