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  • Friday, November 22, 2024

Octo Consulting Buys Aquilent’s SeaPort-e Business Unit


Octo Consulting Group has purchased the SeaPort-e business unit from Laurel, Maryland-based federal digital and cloud services provider Aquilent for an undisclosed sum.

Octo said Wednesday it assumed the support contract for the SeaPort-e electronic platform with the U.S. Navy before Booz Allen Hamilton (NYSE: BAH) completed the acquisition of Aquilent.

SeaPort-e is an electronic platform that works to help agencies under the Department of the Navy procure program management, engineering and financial management support services from at least 2, 400 multiple-award, indefinite-delivery/indefinite-quantity contract holders.

œWe are delighted to be working with the Navy on the SeaPort-e system and ensuring that the government has continued operational and modernization support for one of its core acquisition systems, Octo CEO Mehul Sanghani said.

The service branch has awarded more than $70 billion in procurement contracts through the SeaPort-e portal, which is accessed by at least 9, 000 users and 10, 000 industry partners.

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