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Herndon contractor to acquire NG division for $327M
Herndon tech and management contractor Serco Inc. has agreed to acquire Northrop Grumman‘s mission training and satellite ground network communications software business (MT&S) for approximately $327 million. Serco Inc., a wholly owned subsidiary of United Kingdom-based Serco Group, announced the deal Wednesday, which is expected to close in mid-2025. MT&S provides the U.S. military [...]
SAIC lands potential $494M NASA contract
Reston-based Fortune 500 federal contractor Science Applications International Corp. (SAIC) has been awarded a safety and mission assurance support contract from NASA worth up to $494 million. The federal agency announced it had selected SAIC for the Safety and Mission Assurance Engineering Contract III on March 29, and the contract period begins June 1. SMAEC […]
Maximus hires chief digital and information officer
Maximus has hired Derrick Pledger as chief digital and information officer, the Tysons-based federal tech contractor announced Tuesday. Pledger joins Maximus from Leidos, where he oversaw a global team as the contractor’s chief digital and information officer. At Maximus, his responsibilities will include leading the company’s technology modernization and IT strategies along with focus[...]
DXC replaces CEO, Chair Mike Salvino
DXC Technology has replaced its chairman, president and CEO, Mike Salvino, with interim President and CEO Raul Fernandez, the Ashburn-based Fortune 500 IT company announced Wednesday. Salvino had served as president and CEO since 2019 and as chairman since 2022. He will transition from his role as chairman effective immediately, and remain in an advisory […]
Steampunk wins pregnancy discrimination lawsuit
A federal jury ruled on Friday that a McLean-based IT federal contractor did not discriminate against a former employee on the basis of pregnancy or retaliate against her. The eight-person jury’s decision was unanimously in favor of Steampunk Holdings and its subsidiary, Steampunk Inc., after a five-day trial in the U.S. District Court for the […]
SAIC hires SVP of Navy unit
Barbara Graham has been hired as senior vice president of Reston-based Fortune 500 federal contractor Science Applications International Corp.’s Navy business unit, SAIC announced Wednesday. Graham, who started Tuesday, will oversee the $1 billion SAIC unit, which serves U.S. Navy and Marine Corps customers. She reports to Bob Genter, president of SAIC’s defense and civilian […]
Deltek to acquire Wis. software company
Herndon-based software company Deltek Inc. announced Thursday it had entered into an agreement to acquire Wisconsin-based TIP Technologies Inc. Financial details of the transaction were not disclosed. The acquisition is expected to close in the third quarter of 2022. “For nearly forty years, Deltek has had a relentless focus on government contracting and powering our […]
ICF acquires SemanticBits for $220M
Fairfax-based management consulting firm ICF International Inc. announced Thursday it had completed its $220 million acquisition of health tech contractor SemanticBits. In June, ICF announced it had entered into a definitive agreement to acquire the Herndon-based company, and that its existing credit facility would fund the $220 million transaction. “As one of the industry’s leading [&hell[...]
Carlyle Group to acquire ManTech for $4.2B
Herndon-based ManTech International Corp. has entered into a definitive agreement to be acquired by The Carlyle Group for approximately $4.2 billion, the tech contractor announced Monday. In the all-cash transaction, ManTech shareholders will receive $96 per share in cash, a 32% premium to ManTech’s closing share price of $72.82 on Feb. 2, which was the […]
Avantus Federal acquires N.C. tech firm
Avantus Federal has acquired North Carolina-based tech contractor Far Ridgeline Engagements (FRLE), the McLean-based IT defense contractor announced last week. Financial details of the transaction were not disclosed. “For almost 15 years, Far Ridgeline Engagements has earned eminence by maintaining a strong focus on providing solutions to our nation’s special operations and intelligence mi[...]
Fairfax telecom software provider acquires N.J. firm
Fairfax-based telecommunications tech provider Teoco announced Tuesday it had acquired New Jersey-based software company Software Synergy Inc. Financial terms of the transaction were not disclosed. “As we look to strengthen Teoco’s presence in the North American market, we are proud of our strategic acquisition of SSI to enhance our routing solutions portfolio,” Teoco founder and [&helli[...]
GDIT secures $162M DISA Agency contract
Falls Church-based General Dynamics Information Technology Inc. (GDIT) announced Wednesday it had secured a potential $162 million contract with the Defense Information Systems Agency (DISA) to secure identity, access and account management for U.S Department of Defense applications. The Identity, Credential and Access Management (ICAM) Other Transaction Authority (OTA) Phase III production agreem[...]
