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Holicity, Astra Enter Into Merger Agreement; Chris Kemp Quoted
Astra has agreed to merge with Holicity in a deal that would also transform the small satellite launch services provider into a publicly traded company. Alameda, California-based Astra said the transaction implies a $2.1 billion enterprise valuation for the rocket builder and the two parties expect the combination to generate cash proceeds of up $500 million.
Applied Insight Acquires Bridges, Baird Serves as Exclusive Financial Advisor
Applied Insight has acquired Bridges, a portfolio company of The Acacia Group and provider of cybersecurity, network engineering and big data analytics solutions for the Intelligence Community (IC). Under the transaction, Baird served as exclusive financial advisor to Bridges.
Mark Gerencser, chairman of Business Executives for National Security (BENS) and 2021 Wash100 Award recipient, and Gen. Joseph Votel, president and chief executive officer of BENS, recently spoke with ExecutiveBiz on the Commission on the National Response Enterprise: A Call to Action” report.
Leidos Chairman, CEO Roger Krone Becomes First Eight Time Wash100 Award Winner
Roger Krone, chairman and CEO of Leidos, has received his eighth Wash100 Award, the most prestigious award in all of government contracting (GovCon), for his pursuit of major acquisitions and competitive contracts that have driven company growth and cemented Leidos’ position as a leader in the federal marketplace.
Serco to Buy WBB for $295M in Defense Support Expansion Push; Dave Dacquino Quoted
Serco Group’s North American division has agreed to acquire Reston, Virginia-based management consultancy Whitney, Bradley & Brown for approximately $295 million in a move to grow acquisition and program management service offerings for the Department of Defense. Serco Inc. said Tuesday it expects to complete the acquisition in the second quarter of this year.
Federal Resources Wins Seat on $2B DHS Contract for COVID-19 Testing Kits, Services
The Department of Homeland Security (DHS) has selected Federal Resources as one of four awardees under a potential $2 billion indefinite-delivery indefinite-quantity (IDIQ) contract to provide COVID-19 testing solutions. The contract has a one-year base period and four additional one-year option periods.
Verizon Vet John West Named Leidos Business Development, Strategy VP
John West, former managing director of Verizon‘s (NYSE: VZ) enterprise solutions unit, has joined Leidos (NYSE: LDOS) as vice president of business development and strategy. West has more than three decades of industry experience in areas such as cybersecurity, telecommunication, networking and cloud computing.
Glen Ives Joins Castellum as Chief Growth Officer, Navy and Marine Corps Division CEO; Mark Fuller QuotedGlen Ives, former president and CEO of Sabre Systems, has joined Bethesda, Maryland-based technology company Castellum as chief growth officer and CEO of the newly established Navy and Marine Corps division. Ives will use his experience with the Navy and the Marine Corps to help the company grow the division.
Perspecta Wins $201M DISA Global Content Delivery Services II IDIQ
Perspecta (NYSE: PRSP) has won a potential six-year, $201.5 million follow-on contract to provide content delivery services for the Defense Information Systems Agency. The Defense Information Technology Contracting Organization received four offers for the Global Content Delivery Services II single-award, indefinite-delivery/indefinite-quantity contract, the Department of Defense.
SGT Wins Task Order to Support Space Force 45th Space Wing; Tina Dolph Quoted
Siemens Government Technologies (SGT) has been awarded an initial task order for a potential $21 million by the U.S. Army Engineering and Support Center, Huntsville, to provide electronic security maintenance and support of operations for the Space Force 45th Space Wing.
