SAIC takes a $188 million contract for IT services at an Federal Aviation Administration office that houses its training academy and back office support for other agencies.
Once-closed government agencies could shut down again on Feb. 15 if no spending agreement is made. But market executives still see overall robust budgets as GovCon's main driver.
The year 2018 saw stable budgets and expectations of more defense spending lead to overall market optimism. But the current political climate leads Houlihan Lokey's investment banking team to wonder if dealmaking has already peaked.
EverWatch, the defense IT outfit backed by Enlightenment Capital, hires industry veteran John Hillen as CEO and a pair of other executives to its leadership team.
The Defense Department's cloud computing strategy has the JEDI infrastructure as the military's foundational approach for using a general purpose enterprise cloud. Market forces and tech advances mean this push will inherently be commercial.
Already in the defense sector, IPKeys is acquiring a company with hopes of growing cyber offerings for utilities and other critical infrastructure customers.
