Private equity-backed Belcan makes another deal and a new player has entered the federal market. Both transaction indicate that the federal M&A landscape is adjusting to life under the COVID-19 pandemic.
Investors who watch the government market have the coming election on their mind and it was Booz Allen Hamilton's turn to at least acknowledge it as an uncertainty, even as the firm seeks to highlight the broader trends it sees as certain.
Private equity firm DC Capital Partners unveils another government market investment and the company being backed this time focuses on hypersonics work.
Two moves by private equity investors in the government market show how both the broader financing conditions have gradually improved and companies have somewhat adjusted amid the pandemic.
Like its peers, CACI International had to move hard and fast into a new work cadence when COVID-19 began to put everyone at a distance from each other. Not everything can be perfect, but the first quarter financial results indicate the new arrangements are at least going alright.
Parsons is acquiring more space, cyber and intelligence capabilities as well as a slew of related products by acquiring Braxton Science & Technology Group for $300 million.
General Dynamics is still wrestling with revenue impacts from COVID-19 in the IT business, but quarter to quarter improvements show that the situation is stabilizing somewhat.
Guidehouse is continuing to make a series of appointments in its leadership ranks one year on from a large acquisition and these latest moves focus on financial services.
The Army said it would make two small business awards for an $800 million engineering services vehicle but did not follow through and that has drawn one small business protest. A large business has also entered the fray.
Raytheon Technologies had two items of some interest to share with investors in its third quarter earnings release: proceeds being fetched in the sale of Forcepoint and what is being done to manage the COVID-19 pandemic's impacts.
AE Industrial Partners makes another acquisition of a government technology services outfit to continue what has been an active second half of the year for the investment group.
PAE became a publicly-traded company in part for more access to capital and credit for making acquisitions. News that PAE is acquiring Centra Technology means a pause on deals because of COVID-19 and its effects on financing markets is over.
The Homeland Security Department gives industry their first detailed glimpse at how the agency is undertaking a massive cloud services contract that will go to a single winner.
The government will use a class deviation to modify all existing defense and civilian contracts in an effort to force compliance with President Trump's executive order banning certain anti-bias and discrimination training.
ManTech confirms its win of a $260 million task order to help the Navy update mission systems in manned aircraft used for maritime patrol and reconnaissance missions.
