In the midst of debt woes, creditors have taken over STG Group Holdings and created a new board of directors to lead the company with current COO Phil Lacombe.
BAE Systems' U.S. arm gets tasked by the Defense Advanced Research Projects Agency to create a space technology testbed under a potential $12.8 million contract.
Private equity firm H.I.G. Capital acquires defense consulting contractor WBB in the investment group's second major government market deal this year including NCI Inc.