What the FAR Revamp Changes About How the Government Buys
The Trump administration has kicked off a major overhaul of the Federal Acquisition Regulation to cut red tape and give contracting officers more room to make decisions. Proposed updates to FAR Part 1 and Part 34 — both released May 2 — mark the first wave of this rewrite. Backed by the executive order on
SAIC’s Jim Scanlon Puts DOD Mission First in Requirements-Based Acquisition Landscape
The emphasis on digital transformation is bringing advanced technologies and concepts such as model-based systems engineering to the forefront of government modernization efforts, and Science Applications International Corp. is putting mission execution before specs when evaluating customer needs. That’s according to Jim Scanlon, the company’s executive vice president and general manager of the Defense Systems
Sweeping Acquisition Reforms Would Stress Simpler Acquisition, Portfolio Management
Recommendations from an independent commission on streamlining the defense acquisition system would radically change how the Defense Department buys goods and services and interacts with the private sector. A report from the congressionally mandated Section 809 Panel contains dozens of ideas for reforming DOD’s “industrial age” procurement system to keep America’s lead in defense technology. Many
LMI Wins $220M USBP Deal to Support Border Patrol Office
LMI has been chosen as the prime task order awardee to provide system acquisition lifecycle and engineering support services to U.S. Border Patrol’s Program Management Office Directorate. The Acquisition Program Management and Technical Solutions task order, worth over $220 million, is one of the most significant awards in LMI’s 56-year history, the company said. The single-award
Perspecta Leads the Way in Increasing Acquisition Speed to Mission
In today’s times, the federal government is challenged with acquiring and delivering mission capabilities more rapidly and efficiently to a customer base whose needs are constantly evolving. This new paradigm is driven by the rate of change of technologies, methodologies and new adversaries. And it calls for a transformation in how acquisition is performed. There
Fishtech Group to Acquire Haystax Technology
Fishtech Group has announced its intent to acquire Haystax Technology, a security analytics and risk management solutions provider, as a wholly owned entity under the FTG umbrella. The acquisition would solidify the cybersecurity solutions firm’s relationship with Haystax, a Fishtech Venture Group partner since 2016. The new entity will further Fishtech’s mission of data-driven security
SOSi Acquires Defense Group Inc. to Boost Intelligence Capabilities
SOS International has announced the acquisition of Defense Group Inc., a Vienna, Virginia-based data analytics and cyber solutions firm that works with the U.S. intelligence and national security community. “The addition of DGI to our Intelligence Solutions Group builds on current capabilities and deepens our access into key intelligence community agencies,” said Julian Setian,
Inside Scoop from AFS Exec Elaine Beeman on Phase One Acquisition
Accenture Federal Services announced it will be acquiring Phase One Consulting Group last week, a leading Salesforce solutions provider in the $80 billion federal market. WashingtonExec sat down with Elaine Beeman, AFS’ senior managing director and civilian portfolio lead, who championed the deal, for the inside scoop. WashingtonExec: What does the acquisition of Phase One in
PAE Completes Acquisition of FCi Federal
PAE has successfully completed its acquisition of FCi Federal, the company announced this week. “With the addition of FCi, PAE gains significant additional abilities to enable critical government missions in national security, law enforcement and immigration by providing efficient information and process management services,” said PAE CEO John Heller. “As a combined team, we look
Buchanan and Edwards Acquires R2C
IT consulting firm Buchanan and Edwards has acquired the Reports and Requirement Company, LLC, a female-owned consulting service in intelligence collection, reporting and analysis. With the acquisition of R2C, BE expands its analytic capabilities to support its government customers. “The addition of R2C will bring BE the strength of new customer relationships within the intelligence community
ECS Federal Acquires InfoReliance
ECS Federal is acquiring InfoReliance in a move that will greatly expand its cloud computing, agile software development, and cybersecurity offerings. KippsDeSanto represented InfoReliance in the deal. “In the past five years ECS has transformed from a services company to a rapidly growing performer, systems integrator, and solution provider in the national defense and intelligence
Latest: PAE to Acquire FCi Federal
PAE has agreed to buy FCi Federal, the two companies announced today. PAE has over 60 years of experience supporting the U.S. government and its allies in critical missions around the globe. With roughly 15,000 employees on all seven continents, PAE’s core service offerings include global logistics and stability operations, technical services and national security
KeyW to Acquire Sotera Defense Solutions
The KeyW Holding Corporation has announced that its wholly-owned operating company, The KeyW Corporation, has signed a definitive agreement to acquire Sotera Defense Solutions in an all-cash transaction valued at approximately $235 million, inclusive of an expected $46 million net present value of acquired tax benefits. The transaction is expected to be immediately accretive to
STG Group Acquires Preferred Systems Solutions
STG Group, Inc. has entered into an agreement to acquire Preferred Systems Solutions, Inc. for approximately $119 million. STG Group intends to fund the purchase price with a combination of debt and equity financing. The transaction is expected to close during the first quarter of 2017, and was facilitated by Morrison & Foerster LLP and Sagent
Diversity Triumphs in Accenture Federal-Endgame Deal
Accenture Federal Services will be acquiring cybersecurity firm Endgame’s federal government services business, the two firms announced last week. AFS has been using Endgame products as part of a strategic investment it made in the Clarendon, VA -based firm last year. This transition, says Endgame CEO Nate Fick, is the next evolution in the already
Alpha Omega Integration Expands Portfolio with Trusted Mission Solutions
Alpha Omega Integration LLC has acquired Trusted Mission Solutions Inc., an information technology and consulting services provider. Terms of the transaction were not disclosed. With the acquisition, Alpha Omega expands from the commercial sector into the federal contracting arena and positions the 8(a) economically disadvantaged woman-owned small business to achieve the next level of delivery
Accenture Acquire Defense Point Security
Accenture has completed the acquisition of Defense Point Security, a privately held cybersecurity company, which will become a wholly owned subsidiary of Accenture Federal Services. Defense Point Security was recently recognized as one of the “World’s Hottest and Most Innovative Cybersecurity Companies to watch in 2016” by Cybersecurity Ventures. Terms of the transaction have not been
DHS Leaders Soraya Correa, Luke McCormack Partner to Drive Acquisition Innovation
Forget whatever you’ve heard about government procurement being risk-averse and slow to change. There’s a new conversation happening – and the Homeland Security Department’s Soraya Correa and Luke McCormack are helping to lead it. On the heels of DHS Secretary’s Jeh Johnson’s Unity of Effort initiative outlined in April 2014 to address issues like resource allocation
PlanetRisk Acquires Tysons Corner-based Analytic Strategies
Big data analytics company PlanetRisk has acquired Tysons Corner-based Analytic Strategies, which provides enterprise analytics services to the federal government. Analytic Strategies’ expertise in enterprise analytics, data system management, operations research, supply chain management and intelligence analysis will add on to PlanetRisk’s existing offerings of analytic capabilities, according to an Aug. 9 press release. “At the core
CALIBRE Acquires IMC Health & Life Sciences, Defense & Public Sector Groups
CALIBRE Systems, Inc. (CALIBRE), an Alexandria, Virginia-based employee-owned management consulting and information technology solutions company, announced Monday that it has acquired the Health & Life Sciences and the Defense & Public Sector groups of Information Management Consultants (IMC) of Reston, Virginia. “We are very happy to have found an acquirer in CALIBRE whose leadership, prominence,
LookingGlass Cyber Solutions Acquires Kleissner and Associates
On July 21st, LookingGlass Cyber Solutions announced that it acquired Kleissner and Associates. This acquisition is immediately following the successful raising oft $20 million Series B Funding as well as acquiring CloudShield. With the addition of Kleissner and Associates, LookingGlass is now able to use Kleissner and Associates’ Virus Tracker to offer customers more strategic technological offerings
Harris Corporation to Acquire Exelis for $4.75B
Harris Corporation (NYSE:HRS) and Exelis, Inc. (NYSE:XLS) have announced that Harris will acquire Exelis in a cash and stock transaction valued at an approximately $4.75 billion enterprise value, or $23.75 per share. The Boards of Directors of both companies have unanimously approved the acquisition agreement, and the transaction, which is expected to close in June
NCI Inc. to Acquire Computech for $56M
Reston, Va.-based NCI Inc. announced Dec. 29 that it has entered into a definitive agreement to acquire Computech Inc. “The acquisition of Computech is in line with NCI’s growth strategy, which calls for the development of new customers and service offerings both organically and through mergers and acquisitions,” NCI’s President Brian J. Clark said. “Computech
Preferred Systems Solutions Acquires Government Contract Solutions Inc.
Preferred Systems Solutions (PSS), based in Tysons Corner, Va., announced Dec. 9 its acquisition of Government Contract Solutions Inc. (GCS). “PSS is committed to providing world class support to the men and women charged with upholding our national security in their important mission to defend our country and preserve our democracy at home and abroad,”
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