The government market has been resilient in the face of economic dysfunction brought on by the coronavirus pandemic, but two major headwinds need to be worked through in the eyes of SOS International's CEO.
Two companies involved in commercial technology bring aboard veteran executives of the government market in hopes of making further inroads with federal customers and systems integrators.
Raytheon Technologies is still integrating its two legacy businesses but has found a small satellite maker it apparently could not pass up on the opportunity to acquire.
Discussions about how the government should be more inviting to industry always bring up the acquisition models agencies use to buy goods and services. But some industry watchers also say the sector may need a different model as well to make innovation happen.
Pfizer had universally-welcome news to share Monday morning on its coronavirus vaccine but that does not take away the pandemic's human and economic cost, including what it may mean for government budgets.
Government contractors still for now have CARES Act reimbursements to keep sidelined employees on the payroll, but the number of people caught in that situation is fewer than at the pandemic's start. That push back to a more regular work cadence is one ManTech sees boding well for itself and industry overall.
The U.S.' recovery from the COVID-19 pandemic could bring similar priorities as that of the response to the pandemic as both require more advanced technology, according to ICF executives.
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.
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 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.
General Dynamics IT has again been picked over Perspecta for the DEOS cloud email and collaboration tools contract that now has a $4.4 billion ceiling -- roughly 40 percent lower than the initial value.
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.
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.
