GovConWire's Government Contracting News 6/3/2021

STG-Led Consortium Strikes $1.2B Cash Deal for FireEye Products Business; Kevin Mandia Quoted M&A Activity

STG-Led Consortium Strikes $1.2B Cash Deal for FireEye Products Business; Kevin Mandia Quoted

A consortium led by private equity firm Symphony Technology Group has agreed to acquire FireEye’s (Nasdaq: FEYE) products business, including the FireEye name, for approximately $1.2 billion in cash. Milpitas, California-based FireEye said Wednesday it expects to complete the sale by the end of the fourth quarter and the deal will separate Mandiant Solutions’ controls-agnostic
Versar Acquires BayFirst Solutions in Government Service Market Push; Dwane Stone Quoted M&A Activity

Versar Acquires BayFirst Solutions in Government Service Market Push; Dwane Stone Quoted

Versar, a program management business supporting federal government and commercial clients and a portfolio company of private investment firm Kingswood Capital Management, has purchased BayFirst Solutions for an undisclosed sum as part of portfolio expansion initiative across the information technology and intelligence service areas. “We look forward to combining the businesses and further expanding BayFirst’s
Presidio Creates Subsidiary to Offer IT Services in Federal Market; Clara Conti Quoted M&A Activity

Presidio Creates Subsidiary to Offer IT Services in Federal Market; Clara Conti Quoted

Presidio has launched its U.S. government-focused business with the goal to help federal customers address information technology modernization goals. Presidio Government Solutions, known publicly as Presidio Federal, aims to support agencies in the areas of cybersecurity, cloud, automation, collaboration, augmentation and digital infrastructure, the company said Wednesday. The new entity will apply a life cycle
Criterion Elevates Rick Williams, Corionna Canada to VP Ranks; Steve Mast Quoted Executive Moves

Criterion Elevates Rick Williams, Corionna Canada to VP Ranks; Steve Mast Quoted

Criterion Systems Controller Rick Williams and Corionna Canada, the company’s director of contracts and purchasing, have been promoted to vice president roles. Both executives have helped the Vienna, Virginia-based company mature its financial, contracting and procurement operations, Steve Mast, executive VP and chief financial officer of Criterion, said in a statement released Wednesday. Williams, a
GovCon Wire Events’ AI: Innovation in National Security Forum to Discuss Critical Challenges & Opportunities in AI Innovation TODAY; Featuring NSCAI’s Katrina McFarland Events

GovCon Wire Events’ AI: Innovation in National Security Forum to Discuss Critical Challenges & Opportunities in AI Innovation TODAY; Featuring NSCAI’s Katrina McFarland

During GovCon Wire Events’ AI: Innovation in National Security Forum, the most important private and public sector leaders will discuss how emerging artificial intelligence (AI) technology is radically transforming the national security space. AI has already become an integral element of national security goals, priorities and overall strategy. Defense officials and industry leaders must remain
GovCon Expert Chuck Brooks: Chief Data Officers Growing Importance In Digital Transformation of Government GovCon Expert

GovCon Expert Chuck Brooks: Chief Data Officers Growing Importance In Digital Transformation of Government

GovCon Expert Chuck Brooks, a highly esteemed leader to the cybersecurity and government contracting (GovCon) sectors as well as an influential member of Executive Mosaic’s GovCon Expert program, has released his latest article with the program. Previously, Brooks summarized the most significant trends in cyber that are impacting the federal landscape and government this year.
Comcast Business Wins $103M DISA Contract for Ethernet Gateway Services Contract Awards

Comcast Business Wins $103M DISA Contract for Ethernet Gateway Services

Comcast Government Services, doing business as Comcast Business, has won a potential 10-year, $102.8 million contract to help the Defense Information Systems Agency replace legacy circuits and establish connectivity with mission partners via ethernet. The company will use Commercial Ethernet Gateway Region 3 to connect external mission partners to the Department of Defense’s information network,
Accenture CEO Julie Sweet to Assume Additional Role as Board Chair; David Rowland to Retire Sept. 1 Executive Moves

Accenture CEO Julie Sweet to Assume Additional Role as Board Chair; David Rowland to Retire Sept. 1

Julie Sweet, CEO of Accenture (NYSE: ACN), will serve as chair of the board of directors and succeed David Rowland, who will step down from the board and retire from the company on Sept. 1. Sweet’s appointment to assume the additional role of board chair comes two years after she was named as Accenture’s chief
Akima Subsidiary to Help Implement SOCOM Property Management System; Scott Rauer Quoted Contract Awards

Akima Subsidiary to Help Implement SOCOM Property Management System; Scott Rauer Quoted

An Akima subsidiary has received a potential $23.9 million to help the U.S. Special Operations Command deploy and maintain a system for managing assets. Under the five-year contract, Sunik will deploy four Defense Accountability Property System modules for special operations forces, Akima said Wednesday. “DPAS plays a significant role in the facilitation of rapid and
Lockheed to Build Spacecraft for NASA Venus Exploration Missions News

Lockheed to Build Spacecraft for NASA Venus Exploration Missions

Lockheed Martin (NYSE: LMT) will design, develop and operate the spacecraft for two missions NASA selected to explore Venus as part of the agency’s Discovery Program. The space agency expects the two missions – Deep Atmosphere Venus Investigation of Noble Gases, Chemistry and Imaging Plus or DAVINCI+ and Venus Emissivity, Radio Science, InSAR, Topography &
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