Of equal (maybe greater) importance than the election outcome for GovCon companies is what the budget landscape looks like and PAE believes 2021 will be mostly the same environment as 2020 from a funding perspective.
For a second time, Accenture has won a $786.7 million contract consolidating support for several Army enterprise resource planning systems. Also a second time, IBM has filed a protest objecting to how the evaluation was conducted.
AE Industrial Partners has been busy lately announcing several acquisitions with the latest being a pair of deals across both the government and commercial travel sectors that are being combined into a single new entity.
Parsons Corp. recent acquisition sheds more light on the certainties it sees in the market amid a whole lot of uncertainty including a presidential election outcome that is TBD.
The National Defense Space Architecture program is a huge undertaking, which makes getting in at the beginning a strategic advantage. It is no wonder then that the first two contract awards have drawn protests from disappointed bidders.
The Veterans Affairs Department awards the last piece of its multibillion dollar effort to stand up a new care service provider network in the U.S. and its territories.
Leidos has the same curiosity about the outcome of Tuesday's vote that everyone else does but the company also is watching the continuing resolution and a new Congress among other factors beyond the presidential race.
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.
