Opinion
M&A activity exploded in 2021. Here's why
2021 saw an exponential increase in the volume of GovCon mergers and acquisitions with many deals driven by private equity buyers as well as large established companies. Will we see a repeat in 2022?
Companies
New CEOs, CFO mark busy period of executive moves
Movement of executives is ever-present across the government market and in this latest roundup we cover two government IT and services companies, a commercial tech firm's public sector shop and a notable investment firm.
Companies
Where OceanSound wants to spend its new $780M fund
Private equity firm OceanSound Partners currently backs two government technology companies and is looking for more opportunities in the market with the closure of its inaugural fund, which blew past the target.
Contracts
More protest action likely in $400M State cyber saga
A newly-released protest decision offers insights into the conflict between General Dynamics IT and Peraton over a nearly $400 million State Department cyber contract, and also points the way to yet more arguing about who should win.
Companies
Round 2: 500 companies lined up for awards on $50B STARS III vehicle
Amid much anticipation, the General Services Administration unveils a second group of more than 500 companies as awardees for the third iteration of the popular STARS IT services and solutions contract vehicle.
Companies
Redhorse appoints new COO
Redhorse Corp. hires a chief operating officer to steer the government technology services company's next phase of its strategy that includes the support of a notable venture investment firm.
Companies
Booz Allen adds exec to cyber leadership ranks
Booz Allen Hamilton brings in a new senior vice president to help lead growth for its cybersecurity business focused on defense and intelligence customers.
Contracts
CMMC gets a new home in the Pentagon
The Defense Department has shifted responsibility for the Cybersecurity Maturity Model Certification program for contractors to the DOD chief information officer.
Companies
Data center owner brings in new public sector leader
Data center property owner CyrusOne hires a new executive that will be responsible for growth in its public sector and federal line of business.
Companies
Health tech firm's acquisition includes federal footing
One year after getting more private equity backing, health IT firm PointClickCare acquires a company that brings to the buyer a federal footprint and relationships with care providing organizations.
Companies
Maximus' attention turns to revenue synergies as it integrates
Last year's agenda for Maximus involved closing its two largest-ever acquisitions to lay more new foundations for growth in the federal business, which means this year is focused on winning revenue synergy opportunities.
Companies
Supply chain efficiencies worked financially, but did they come at a cost?
Just about every industry and vertical including defense has wrung large amounts of inefficiencies out of their supply chain and that brought financial rewards, but the current stress on the supply chain raises questions over the costs of doing so.
Companies
Anduril goes under the sea with its latest acquisition
Anduril Industries is achieving fast growth as a start-up in the defense sector as it makes another deal to build its maritime domain expertise.
Contracts
CGI tapped for Justice financial modernization work
CGI Federal grabbed a big task order under a $250 million Justice Department pact for financial management modernization support.
Companies
Huntington Ingalls' board adds former Navy general counsel
The largest U.S. military shipbuilder's board of directors gains a new member that once was the Navy's top legal official.
Companies
Lockheed Martin hires former L3Harris finance chief
Lockheed Martin's new chief financial officer joins the defense hardware giant after two years as CFO at another blue chip player in the market.
Opinion
Why lowest price, technically acceptable contracts suck
The practice of lowest price, technically acceptable contracting might work for buying pencils, but it's nothing but trouble for systems and services.
Companies
When L3Harris sees its supply chain pains easing
L3Harris Technologies has been candid about its supply chain difficulties, which brings the question of when the company believes those challenges will be in the rear view mirror.
Companies
Middle-market investor buys ServiceNow, intell community specialist
Private equity firm Godspeed Capital Management's latest acquisition of a government technology company focuses on a business that specializes in the ServiceNow software platform and intelligence community.
Companies