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Acentra Health acquires workplace mental health biz
McLean-based health care solutions company Acentra Health announced Thursday that it has acquired EAP Consultants, a workplace mental health company known as Espyr that is based in Marietta, Georgia. Terms of the deal were not disclosed. Owned by Carlyle Group, Acentra was formed after its predecessor Client Network Services Inc. (CNSI) merged with health care […]
V2X awarded $190M Army contract
The U.S. Army has awarded McLean-based aerospace and defense contractor V2X a contract worth $190 million to provide training support and instruction in Kuwait and other locations. The fixed-price contract will span five years, according to V2X’s Thursday announcement, and is part of the U.S. Army Central Command Training and Range Operations Maintenance Services contract […]
HII’s Mission Technologies names new CIO
Newport News-based Huntington Ingalls Industries has named Marc Sosa as chief information officer for its McLean-based Mission Technologies division, the Fortune 500 contractor announced Thursday. Sosa will be responsible for all aspects of information technology, including guiding the division’s day-to-day leadership of information systems and aligning enterprise cybersecurity and IT goal[...]
HII division to boost intel sharing for Five Eyes alliance
Huntington Ingalls Industries’ McLean-based Mission Technologies division has received a three-year contract to provide information sharing capabilities between the Five Eyes intelligence alliance. Newport News-based HII announced the award Nov. 21; information about the award was not disclosed. The Pegasus contract is administrated by the Secretary of the Air Force’s Concept, Developm[...]
Mars to acquire British chocolatier for $662M
A subsidiary of McLean-based international candy and pet food manufacturer Mars, the largest privately held company in Virginia, has agreed to acquire Britain’s Hotel Chocolat for $662 million, Mars announced Thursday. Bidco, a wholly-owned subsidiary of Mars, will acquire Britain’s largest chocolate maker in a cash offer at 375 pence per share, or about $662 […]
McLean tech firm Pangiam to sell to BigBear.ai for $70M
Columbia, Maryland-based BigBear.ai Holdings is acquiring Pangiam Intermediate Holdings, a McLean-based facial recognition and biometrics solutions provider for the trade, travel and digital identification industries, in a $70 million, all-stock deal, BigBear announced Monday. The move will combine Pangiam’s technologies with BigBear.ai’s computer vision capabilities and allow BigBear.[...]
Bain Capital affiliate to acquire Guidehouse for $5.3B
Guidehouse has entered into an agreement to be acquired by a Bain Capital Private Equity affiliate for $5.3 billion, the McLean-based consultancy announced Monday. The investment will support Guidehouse’s growth plans, the company said, and it will continue to operate under its current management team, which is led by Chairman and CEO Scott McIntyre. Guidehouse […]
HII secures $244M software integration contract
A McLean-based division of Huntington Ingalls Industries received a $244 million contract integrating software for the Navy, Marine Corps and Coast Guard, the Newport News-based Fortune 500 military shipbuilder announced Tuesday. Under the five-year, Naval Air Systems Command task order, HII’s Mission Technologies division will perform research, development, testing and evaluation to help in[...]
HII’s Mission Technologies wins $347M Navy contract
Huntington Ingalls Industries’ McLean-based Mission Technologies will build nine undersea drones for the Navy’s Lionfish System program in a deal that could grow to as many as 200 vehicles during the next five years, with a total value of more than $347 million. Newport News-based HII announced the contract Wednesday. The system is based on […]
Primis Bank names new president
Rick A. Fulk has been promoted to president of Glen Allen-based Primis Bank, a wholly owned subsidiary of McLean-based Primis Financial, the bank announced Wednesday. “Rick’s promotion to president of our most important division is an exciting moment for our company and demonstrates our commitment to have the bank be the primary driver of our […]
Federal Contractors | Technology 2023: SCOTT McINTYRE
With 2,910 employees in the greater Washington area and 16,500 employees worldwide, Guidehouse is a global provider of consulting services, with capabilities in management, technology and risk consulting. It was formed in 2018 after Veritas Capital purchased PricewaterhouseCoopers’ U.S. public sector business, for which McIntyre served as managing partner. With the change of ownership, he [&[...]
Telecommunications 2023: ERNEST ‘ERNIE’ ORTEGA
Ortega began 2023 by announcing GTT had completed its financial restructuring and was marking “the beginning of an important new chapter” as a “customer-focused managed services provider.” Two weeks later, he revealed the company’s new marketing tagline, “Making exceptional possible.” In 2021, the global provider of managed network and security services sold its infrastructure [...]
