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SAIC to raise $400M to finance Unisys Federal acquisition
Reston-based federal contractor Science Applications International Corp. (SAIC) will raise $400 million to finance its $1.2 billion acquisition of Reston-based Unisys Federal, the company announced Wednesday. SAIC will launch an offering of senior notes due in 2028 and will use the proceeds, cash on its balance sheet, borrowings under its credit facility and proceeds from […]
MBA Consulting Services names COO
Chantilly-based management consulting firm MBA Consulting Services Inc. on Monday named Mark Colturi as chief operating officer. Colturi was most recently the executive vice president of Sevatec Inc., but served as principal of Booz Allen Hamilton for 25 years until 2012. He has approximately 35 years of experience total having also worked at Digital Management […]
SAIC exec joins Intelligence and National Security Alliance board
Arlington-based nonprofit Intelligence and National Security Alliance (INSA) named Michael LaRouche, an executive with Reston-based Science Applications International Corp. (SAIC), to its board of directors, INSA announced Thursday. INSA is a nonpartisan and nonprofit trade association that creates a public-private partnership for intelligence and national security issues. It has more than 160 cor[...]
Booz Allen Hamilton lands $113M SEC cyber defense contract
The Securities and Exchange Commission (SEC) awarded McLean-based Booz Allen Hamilton Inc. a $113 million, 10-year contract for cyber defense operations support, the company announced Thursday. The contract was awarded on Dec. 12, 2019, but announced Thursday. “Our team will provide the SEC with leading-edge, threat-centric, proactive cyber defense with the ability to detect and […]
Falls Church federal contractor NetImpact Strategies names COO
Falls Church-based federal contractor NetImpact Strategies Inc. promoted Stephanie Wilson to the company’s newly created role of chief operating officer. Most recently, Wilson served as chief strategy officer for the company and focused on business development. She has almost 30 years of experience and has also worked for Anthem’s National Government Services federal platform and […[...]
Reston-based tech firm acquires Danish company
Reston-based federal contractor and tech firm SOS International LLC (SOSi) has acquired Denmark-based analytics software company NorthStar Systems, SOSi announced Tuesday, making it the company’s fifth acquisition since 2016, including New World Solutions, Defense Group Inc., STG Group Holdings Inc. and Vykin Corp. Financial terms of the deal were not disclosed. “We’re continuing to expand[...]
BWX Technologies lands $3.6M nuclear contract
Lynchburg-based nuclear fuel supplier BWX Technologies Inc. (BWXT) has been awarded a $3.6 million contract from the U.S. Department of Energy’s National Nuclear Security Administration (NNSA), the company announced Tuesday. The BWXT Nuclear Operations Group Inc. (a subsidiary of BWXT) will convert research reactors from high-enriched uranium. Research reactors are used to perform science experi[...]
SAIC set to acquire Unisys Federal for $1.2B
Science Applications International Corp. (SAIC) will acquire Unisys Federal for $1.2 billion, SAIC announced Thursday. Both companies are Reston-based, publicly traded federal contractors specializing in IT services. The transaction was approved by SAIC’s board of directors and the transaction is expected to close by May 1. Unisys Federal is an operating unit of Blue Bell, […]
Leidos completes $1.65B Dynetics acquisition
Reston-based defense contractor Leidos completed its acquisition of Huntsville, Alabama-based national security services provider Dynetics Inc. for $1.65 billion in cash, Leidos announced Monday. The transaction was first announced in December 2019. For the fiscal year that ended Dec. 28, 2018, Leidos reported that its annual revenues were approximately $10.19 billion. The company was founded [&[...]
Booz Allen Hamilton promotes Judi Dotson to executive VP
McLean-based management consulting firm Booz Allen Hamilton is promoting Judi Dotson to executive vice president effective April 1, the company announced Jan. 17. Dotson has been with Booz Allen Hamilton for 31 years and currently leads the firm’s Joint Combatant Command account, which works for U.S. Department of Defense clients such as the Defense Advanced […]
Whitney, Bradley & Brown acquires Decisive Analytics Corp.
Reston-based program management and consulting provider Whitney, Bradley & Brown Inc. (WBB) has acquired Arlington-based defense analytics provider Decisive Analytics Corp. (DAC), according to WBB’s parent company, H.I.G. Capital (H.I.G). Financial terms of the deal were not disclosed, but H.I.G is a global private equity investment firm with more than $35 billion of equity capital [&hel[...]
Norfolk medical device firm receives additional $2.5M from DARPA
The Defense Advanced Research Projects Agency (DARPA) has awarded $2.5 million in non-dilutive funding to Norfolk-based medical device manufacturer Embody Inc. for the second phase of development and clinical assessment for its proprietary Microbrace ACL technology for the repair of anterior cruciate ligament (ACL) injuries, the company announced Tuesday. Embody previously received $11.85 million [...]
