GovConWire's Government Contracting News 7/7/2021

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M&A Activity

HII Strikes $1.65B Cash Deal for Alion Science; Andy Green Quoted

Huntington Ingalls Industries (NYSE: HII) has agreed to buy Alion Science and Technology from Veritas Capital for approximately $1.65 billion in cash as part of a push to expand its technical capabilities and portfolio of national security platforms. HII said Tuesday it expects the transaction to conclude in the second half of 2021 and help

Contract Awards

Pentagon Plans New Multicloud IDIQ Vehicle After JEDI Program Cancellation

The Department of Defense decided to end the prolonged court battle over the Joint Enterprise Defense Infrastructure program by dropping the JEDI cloud contract and announced plans to launch a new procurement effort to meet its cloud computing requirements. DOD said Tuesday the decision was due to a more mature cloud conversancy, industry advancements and

Contract Awards

Raytheon to Continue FAA System Support Under $223M Award; Denis Donohue Quoted

Raytheon Technologies (NYSE: RTX) will continue to help the Federal Aviation Administration operate, maintain and update digital air traffic control systems under a five-year, $223 million contract. The company said June 30 it will also update applications for the FAA’s Standard Terminal Automation Replacement System being used by ATC tower personnel to manage terminal airspace

M&A Activity

Parsons Closes $203M BlackHorse Solutions Acquisition Deal

Parsons (NYSE: PSN) has expanded its portfolio of electronic warfare, military information and cyber products following the completion of a $203 million accretive deal to acquire BlackHorse Solutions. BlackHorse brings technologies designed to help defense and intelligence customers integrate EW, information and cyber operations, Parsons said Tuesday. The acquisition, which was announced in June, also

Executive Moves

Former Perspecta Exec Alka Bhave Joins Riverside Research as Chief of Staff

Alka Bhave, former corporate vice president of the performance excellence organization at Perspecta, has joined Riverside Research as chief of staff. Bhave was responsible for driving excellence across Perspecta’s business groups and functional areas from 2019 until its merger with Peraton in May 2021, according to her LinkedIn profile (click here to read our coverage

Contract Awards

Air Force Issues Solicitation for $4.8B NOVASTAR Intelligence Support IDIQ

The U.S. Air Force has released a request for proposals for a potential $4.79 billion contract vehicle for services related to research, development and sustainment of hardware and software capabilities to support the intelligence production requirements of the military branch, Department of Defense and intelligence community. The NOVASTAR indefinite-delivery/indefinite-quantity contract will be a total small

Executive Moves

Karl Borden Elevates to System High VP Role; Sarah Lord Quoted

Karl Borden, former director of legacy and emerging programs at System High, has been appointed as the Chantilly, Virginia-based company’s vice president of science and technology protection. The 25-year security professional will manage employee and customer relations in his new position and lead S&T innovation efforts aimed at supporting clients’ missions, System High said Tuesday.

Events

Air Force Implements Innovative Strategies for Digital Transformation, Acquisition

“Technology innovation is the battlefield of today.” Amid the pandemic, the Department of Air Force indicated in its fiscal 2019/2020 Acquisition Biennial Report how it developed innovative strategies to carry on with its missions and integrate digital engineering into its operations. From executing the pioneer end-to-end demonstration of the Advanced Battle Management System to boosting

M&A Activity

Omega Expands Precision Optics Portfolio With Spectral Systems Acquisition; Michael Cumbo Quoted

Omega Optical Holdings has purchased Spectral Systems, a decades-old infrared optical supplier headquartered in Hopewell Junction, New York, to expand its precision optics portfolio. The acquisition aligns with Omega’s goal of serving customers in aerospace, defense, industrial technology and other high-growth markets, the company said Tuesday. Founded in 1983, Spectral has been providing optical coatings, components

GovCon Expert

GovCon Expert McAleese on US Departure From Key Afghan Military Base

A new McAleese & Associates report says the U.S. has reached a “point of no return” in the retrograde from Afghanistan following the handover of Bagram airfield to Afghan national security forces. Jim McAleese, founder of McAleese & Associates and three-time Wash100 winner, reported the U.S. military is close to fully withdrawing troops ahead of

GovConWire's Government Contracting News 7/7/2021

HII Strikes $1.65B Cash Deal for Alion Science; Andy Green Quoted

Pentagon Plans New Multicloud IDIQ Vehicle After JEDI Program Cancellation

Raytheon to Continue FAA System Support Under $223M Award; Denis Donohue Quoted

Parsons Closes $203M BlackHorse Solutions Acquisition Deal

Former Perspecta Exec Alka Bhave Joins Riverside Research as Chief of Staff

Air Force Issues Solicitation for $4.8B NOVASTAR Intelligence Support IDIQ

Karl Borden Elevates to System High VP Role; Sarah Lord Quoted

Air Force Implements Innovative Strategies for Digital Transformation, Acquisition

Omega Expands Precision Optics Portfolio With Spectral Systems Acquisition; Michael Cumbo Quoted

GovCon Expert McAleese on US Departure From Key Afghan Military Base

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