Tag Archives: Veritas Capital

THIS WEEK’S TOP 10 MOST POPULAR STORIES View Weekly Contract Awards Transforming Perspecta Into a $7.1B Company; The Journey of Mac Curtis Perspecta announced in January that it will be acquired by Veritas Capital for $7.1 billion in cash, or $29.35 per share. Veritas Capital, which holds approximately 14.5 percent of Perspecta’s …

Perspecta, the Chantilly, Virginia-based government technology services contractor, announced in January that it will be acquired by Veritas Capital for $7.1 billion in cash, or $29.35 per share. Veritas Capital, which holds approximately 14.5 percent of Perspecta’s outstanding shares, intends to combine Perspecta with Peraton, another government technology provider and …

Executive Mosaic is pleased to announce Kathy Warden, chairman, president and CEO of Northrop Grumman, as a 2021 Wash100 awardee for leading the company in efforts to create value through portfolio management, as well as her continued focus on growth through executive hires and contract pursuits in the federal sector. …

Executive Mosaic is pleased to recognize Mac Curtis, chairman and CEO of Perspecta, as a seven-time Wash100 Award recipient after receiving his 2021 Wash100 Award for his leadership and vision in the advancement of cybersecurity, intelligence and defense technologies through significant contract award wins and other moves. Executive Mosaic congratulates Mac Curtis and the Perspecta team on their selection to receive this award.

Executive Mosaic is pleased to introduce Stu Shea, chairman, president and CEO of Peraton, as an inductee into the 2021 Wash100 for his leadership in company expansion efforts through acquisitions and contract awards from government and military customers for technology development, maintenance and support work. This marks Shea’s fifth Wash100 Award.

Veritas Capital and Evergreen Coast Capital, an affiliate of Elliott Investment Management, have agreed to acquire Cubic (NYSE: CUB) for approximately $2.8 billion, or $70 in cash per share. The all-cash transaction includes the assumption of debt and is expected to be finalized during the second quarter of 2021, subject to regulatory clearances, shareholder approval and other customary closing conditions.

Peraton has reorganized its operations into four business sectors, created three new executive positions and added five new members to the company's executive leadership team. The realignment comes after Peraton's private equity owner Veritas Capital acquired the information technology and mission support business from Northrop Grumman (NYSE: NOC).

Executive Mosaic, the leading provider in connecting, promoting and branding government and government contracting (GovCon) executives of consequence, will proudly present the 2021 Wash100 Award, the most prestigious and prominent award in all of GovCon, to the 100 distinguished executives who have demonstrated excellence in leadership, innovation, reliability, achievement and vision. 

Veritas Capital has agreed to acquire Perspecta (NYSE: PRSP) in an all-cash deal worth $7.1 billion and plans to merge the latter with Peraton to establish a government technology platforms provider focused on delivering end-to-end information technology capabilities and mission support to U.S. government clients. Perspecta stockholders will get $29.35 …

Veritas Capital has agreed to acquire Northrop Grumman’s (NYSE: NOC) federal information technology and mission support services business for approximately $3.4B in cash. The transaction is expected to conclude in the first half of 2021 and Veritas said Monday it expects to merge the Northrop federal IT business with its portfolio company Peraton upon the deal’s closing, subject to regulatory approvals and other customary closing conditions.