AT&T’s booking of a 12-year, $175 million network modernization task order with the Transportation Department and the company’s start on that effort comes amid two broader trends in the public sector.
Private equity firm Veritas Capital closes its acquisition of Perspecta, which is now being integrated with Peraton to present a new $7 billion-revenue government technology player.
Noblis leadership sees the nonprofit organization's acquisition of McKean Defense as both growing into a new customer set and further expanding the aperture of technology-related work.
Verizon wins back a large contract it held nine years ago and will help run a high-speed computing network shared by the Defense Department's scientific and research community.
Maximus and PAE are among the government market's most serial acquirers and within the past five months have announced four deals with three of them closed so far. Analysts asked them about those integrations and the broader landscape they are taking place in.
Acquiring two public companies in quick succession is on Veritas Capital's immediate agenda as the firm also now has a $1.8 billion fund to work with for opportunities of smaller sizes.
A more thorough budget request is currently in production at the Biden White House but some early clues have emerged and these three companies are broadly identifying areas of promise to them.
Leidos released its first quarter financial results almost a couple hours before Booz Allen Hamilton announced the $725 million acquisition of Liberty IT Solutions. From Leidos' viewpoint, that deal confirms why it likes being in the federal health market.
Noblis makes an acquisition to further expand the nonprofit's work on engineering and enterprise transformation efforts for the Navy and other defense customers.
Additions to boards of directors, an executive appointment and a private equity firm's brain trust expanding are in this summary of people movements within the past week.
L3Harris Technologies certainly gained a wider aperture in the market through its merger, but Wall Street also wants to know what kind of internal heft is needed to secure that growth.
The management team that will lead Peraton after it combines with Perspecta takes some more shape with the reveal of who will be chief financial officer.
