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Weekly Roundup June 13 – June 17 2016: ManTech’s Cyber Buy, CACI’s Satcom Win & more

 

June 13 – June 17 2016

A Note From Our President & Founder Jim Garrettson

We shift our focus this week back to GovCon’s merger-and-acquisition environment with one new deal to digest and a second that has brought the purchaser a new landmark contract award.

Fairfax, Virginia-based technology services contractor ManTech International added to its reputation for capability-based buys via the purchase of a cyber business from Oceans Edge, a wireless technology and engineering services provider headquartered in Reston.

This deal adds footprints among some Cyber Command components to ManTech as the company seeks to grow what cyber group president Bill Varner called a “presence with customers who are critical to our nation’s future cyber operations and cyber defense.”

Announced mid-week, the transaction represents ManTech’s third in 14 months in a spree that includes the $34 million pickup of project management services provider Welkin Associates from then-owners CSC and the acquisition of cyber advisory firm Knowledge Consulting Group.

As ManTech stated intent through the Oceans Edge deal, another GovCon firm’s acquisition started to show signs of return-on-investment after the Air Force announced a CACI International business unit as the winner of a potential seven-year, $445.9 million satellite network support contract.

The official name of the “CAMMO” awardee is L-3 National Security Solutions, a business unit that changed hands in February after CACI purchased NSS for $550 million.

CAMMO is a consolidation of three predecessor contracts into one, under which CACI will help the Air Force operate the service branch’s main satellite control network.

M&A deals move markets unlike any other action and continue to be a prime topic of conversation among GovCon leaders and investors with a particular interest in that sector.

Lead Executive Mosaic reporter Ross Wilkers discussed the M&A landscape in GovCon and trends behind deals in a segment for the re-launched “Government Matters” program that airs Monday-to-Friday at 8 p.m. and again at 11 p.m. on NewsChannel 8, plus Sundays from 10:30 a.m. on WJLA Channel 7.

Tune into NC8 tonight or set your DVR to record from 8 p.m. or 11 p.m. to view the full conversation between Wilkers and new “Government Matters” host Francis Rose, plus bookmark the show’s web site to see that segment and others of relevance to the federal community.

THE WEEK’S OTHER TOP 10 GOVCON STORIES

CMS Picks 80 Companies for Potential $25B IT Services IDIQ
Awardees will compete for task orders over a five-year base ordering period and CMS could extend the vehicle for five additional years.
SAIC 1Q Earnings, Revenue Beat Street Forecasts
An extra week in the first quarter ended May 6 contributed to the approximate 19.8-percent year-over-year increase from the comparable.
Iridium to Launch First NEXT Satellite Batch in September; Matt Desch Comments
Program partners Thales Alenia Space and Orbital ATK have wrapped up their assembly, integration and testing work.
Raytheon-Built Aerial Navigation Payload Launched Into Orbit; Dave Wajsgras Comments
A SpaceX rocket carried the commercial airline and general navigation payload from the Cape Canaveral launch pad Wednesday.
Brocade & Harris Forge Govt, Commercial Sector Cyber Strategy Alliance
Both companies have also highlighted organizations in financial services, healthcare and energy as potential customers for the team.
DigitalGlobe, exactEarth Form Tech Alliance to Help Gov’t Clients Monitor Fishing Activities; Tony Frazier Comments
ExactEarth was founded in 2009 and provides ship data to maritime customers for vessel tracking and situational awareness functions.
Denise Turner Roth Cites Agencies’ Cyber Tool Demand at GSA Workshop
GSA hosted government and industry leaders Monday to discuss the White House’s proposed Cybersecurity National Action Plan.
DoD’s ‘4th Estate’ Agencies to Procure Professional Services Via GSA’s OASIS; Tiffany Hixson Comments
Twenty-eight agencies outside of the U.S. military service branches and combatant commands agree to use OASIS and its small business component.
House Approves $576B Defense Budget for Fiscal 2017
Senators approved a $602 billion military spending package Thursday compared to the White House’s original $583 billion defense request.
Mary Davie Succeeds Kim Luke as OMB IT Category Manager
Davie will lead a division of OMB’s category management initiative that seeks to group commonly-purchased items and services under 10 “supercategories.”

 

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