Under Jane Chappell’s leadership in February, Altamira closed on its acquisition of Virginia Systems & Technology, Inc., a Warrenton, Virginia-based signals intelligence mission company. The acquisition of VaST is a game changer for Altamira.
VaST brings very strong SIGINT mission knowledge and capabilities and core national intelligence customers to the Altamira portfolio. VaST’s culture of mission first and marrying elite engineering with critical operations is a strong match with Altamira’s culture.
Altamira’s strong prime contract performance, national intelligence customer base and core strengths in missile defense/missile warning, space, cyber, data science and data analytics along with the size and capabilities of VaST, allow the combined company to make larger and more impactful contributions to the defense of the nation.
Chappell has supported the U.S. government her entire career.
“Missions and customers have always come first for me ⏤ which is how I knew VaST would be a tremendous addition to the Altamira culture,” she said.
In the two years since joining Altamira as the CEO, the company has almost doubled its revenue and more than doubled its EBITDA. Given Altamira’s contract portfolio and Chappell’s focus on growth, the company has made significant strides in its focus areas of space, cyber and analytics. This has happened through strong organic growth and most recently, inorganic growth.
In addition to the focus on growth, Chappell and her team have instilled the programmatic and financial discipline and structure to ensure performance and predictability while still maintaining the agility of a mid-tier company.
“Since becoming chief executive officer in 2021, Jane has developed and implemented a strategy to make Altamira one of the preeminent companies servicing the space, cyber and analytic domains in both the intelligence and defense communities,” said Joe Wright, Altamira chairman. “She is an extraordinary exec who has also built one of the strongest teams in the business and we are seeing the results of her efforts.”