Hello, Guest!
  • Friday, November 22, 2024
Natee Meepian/Shutterstock.com

Swift Buys OPS Consulting to Grow Tech Offerings for IC, DOD

The Swift Group, a Reston, Virginia-based IT services provider, has acquired OPS Consulting for an undisclosed sum to expand technology offerings for the Department of Defense and the intelligence community.

Holton Yost, president and CEO of Swift, said in a statement released Thursday the acquisition will help the company to execute its long-term growth strategy and offer new products and services.

Hanover, Maryland-headquartered OPS Consulting supports defense and intelligence customers in areas such as program management, systems engineering and technical assistance, software engineering and integration and signals development and reporting.

Capstone Partners acted as the exclusive financial adviser to OPS Consulting on the transaction. Swift sought legal advice from Arnold & Porter.

Video of the Day

Related Articles

RTX Books $344M Standard Missile Production Contract Contract Awards

RTX Books $344M Standard Missile Production Contract

Raytheon, a subsidiary of RTX (NYSE: RTX), has received a $344 million contract to build and deliver two Standard Missile variants with a common guidance section to U.S. and international military customers. The company said Thursday it will produce the SM-2 Block IIICU and SM-6 Block IU missiles on a common production line for the

VTG Acquires Digital Transformation Services Provider Vana Solutions; John Hassoun Quoted M&A Activity

VTG Acquires Digital Transformation Services Provider Vana Solutions; John Hassoun Quoted

VTG has moved to expand its portfolio of digital transformation platforms and cloud services for defense and intelligence community customers through its acquisition of Vana Solutions. Vana Solutions is a Dayton, Ohio-based company founded by Srujal Sheth and Sunit Sheth in 2005 and is focused on delivering cloud services, advanced analytics, data fabric platforms and

Kristen McLeod Promoted to Calibre Systems EVP, CFO Executive Moves

Kristen McLeod Promoted to Calibre Systems EVP, CFO

Kristen McLeod, most recently senior vice president of finance and accounting and controller at Calibre Systems, has assumed the roles of executive VP and chief financial officer at the Alexandria, Virginia-based management consulting and digital transformation company. In this capacity, she will serve as a corporate officer and fiscal strategist and continue to offer insights