Parsons lays out its three-year blueprint

Parsons Corp. showed more of its hand on the growth strategy and continued evolution of the business when it returned to the public markets two years ago. Here is how the company recently took investors through its blueprint for the next three years.

Serco takes $600M Navy recompete

Serco has retained a $600 million contract to support Navy anti-terrorism and force protection efforts.

CACI signs off on $500M stock buyback

CACI International is the lone publicly-traded government technology services company that tells investors upfront to not expect dividends on the stock, but it is pulling the lever on share repurchases with this $500 million buyback.

PAE sees its second year of being public looking much like the first

PAE's first year of being a publicly-traded government services company began a mere handful of weeks before the coronavirus pandemic was declared and their outlook for 2021 sees some of those effects carrying over.

How L3Harris is balancing internal focus & external pursuits

L3Harris Technologies as we know it is 20 months old, which puts the self-touted Sixth Prime roughly halfway through the effort to make its two big pieces into one and company executives further detailed where they are in that process to investors.

Tick-tock: How Cubic decided on its sale to Veritas & activist fund

Veritas Capital and its activist hedge fund partner kept up their pursuit of Cubic Corp. over the course of five months and they apparently were quicker to act than the other prospective bidder.

SAIC adds new space business leader

Science Applications International Corp. has hired David Ray as the senior vice president in charge of its space business unit.

Two Six Technologies unveils new board members

Two Six Technologies unveils four new members of its board of directors nearly a month after the company launched with its new identity.

Iridium board adds Maxar exec

Iridium Communications said Tuesday its board of directors has elected a new member in Tony Frazier, a lead executive at Maxar Technologies.

Booz Allen grows defense leadership team

Booz Allen Hamilton brings back one of its former employees in Matice Wright-Springer, who joins the leadership team in the firm's defense group.

Podcasts

PROJECT 38: Was the SAIC-Unisys Federal deal worth it?

It’s been a year since Science Applications International Corp. made one of the biggest acquisitions of 2020 and this conversation between Editor Nick Wakeman and Bob Genter, SAIC's defense and civilian president, starts with the question: Was the Unisys Federal acquisition worth it?

Companies close 109 deals in 2020 & private equity firms (barely) lead the way

We tracked 109 closed acquisitions in 2020 and just over half of them were made by private equity firms. Who is making the deals and what does that say about the market?

Contractors' COVID cost relief provision extended through September

Government contractors are poised to get an extension of a rule that lets them seek reimbursements of paid leave costs from agencies if contract work is disrupted because of the coronavirus pandemic.

Cerberus brings back Nixon

Private equity firm Cerberus Capital Management brings back a familiar face in Greg Nixon to help identify more investment opportunities.

Navy chooses 11 for $249.7M cyber & ISR support contract

The Navy selects 11 companies for a $249.7 million contract to support operations in cybersecurity and intelligence, surveillance and reconnaissance systems.

Air Force awards R&D support contract

The Air Force awards 11 companies seats on a $51 million contract for broad research-and-development services.

The industry execs on FCW's Federal 100 list for 2021

The 2021 edition of FCW's Federal 100 list is out in recognition of accomplishments and leadership across the government IT landscape. A total of 28 from industry were selected for this year's class.

M&A takes center stage at next WT Power Breakfast

Our next Washington Technology Power Breakfast on trends in mergers and acquisitions is on for March 19 with executives and seasoned industry analysts lined up to tell us what today's dealmaking says about the government market.

PSC hires new policy lead

The Professional Services Council hires nearly 20-year government service and private sector veteran Stephanie Kostro to lead its policy function.

Former Air Force acquisition chief's new private sector gigs

Will Roper, the former Air Force acquisition chief, takes up a pair of new roles in the private sector.