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GovConWire's Government Contracting News 10/26/2021

Amentum Strikes $1.9B All-Cash Deal for PAE; John Vollmer Quoted
M&A Activity

Amentum Strikes $1.9B All-Cash Deal for PAE; John Vollmer Quoted

Amentum has agreed to acquire PAE (Nasdaq: PAE) in an all-cash transaction valued at approximately $1.9 billion as part of efforts to establish a technology services provider serving U.S. federal agencies and allied governments. PAE’s board of directors approved the transaction that is expected to be completed by the end of the first quarter of
Georgia Tech’s Research Arm Secures $770M Contract to Support USAF Radar Threat System Production
Contract Awards

Georgia Tech’s Research Arm Secures $770M Contract to Support USAF Radar Threat System Production

The Georgia Institute of Technology’s nonprofit research organization has secured a $770 million sole-source award from the U.S. Air Force to build a threat system simulator for military aircrew training activities. Georgia Tech Applied Research Corp. will provide the Advanced Radar Threat System-Variant 1, technical data package and training support to the military service under
Executive Spotlight With Maximus Federal General Manager Teresa Weipert Highlights Company’s Work With Federal Agencies, IT Modernization Efforts & Federal Landscape Vision
News

Executive Spotlight With Maximus Federal General Manager Teresa Weipert Highlights Company’s Work With Federal Agencies, IT Modernization Efforts & Federal Landscape Vision

Teresa Weipert, general manager of Maximus Federal, was featured in the most recent Executive Spotlight interview with ExecutiveBiz on Monday. She talked about the company’s recent contract award from federal agencies, her vision for the future of Maximus Federal and how the federal workforce could benefit from changes in telework and information technology modernization efforts.
Amyx-Alpha Omega JV Wins $98M Contract to Help Manage SEC Litigation Data; William Schaefer Quoted
Contract Awards

Amyx-Alpha Omega JV Wins $98M Contract to Help Manage SEC Litigation Data; William Schaefer Quoted

An Amyx-Alpha Omega Integration joint venture has secured a $98 million contract to help the Securities and Exchange Commission manage electronic data on security law violations. The 3A LLC JV will support information processing work for the agency’s securities inspection, examination and legal proceeding activities under the Electronic Discovery Support of Litigation contract, Amyx said
FTC to Require Acquisitive Firms to Obtain Prior Approval Before Closing Any Future Deal
M&A Activity

FTC to Require Acquisitive Firms to Obtain Prior Approval Before Closing Any Future Deal

The Federal Trade Commission has issued a new policy statement that seeks to restore into standard practice the use of prior approval authority to restrict future acquisitions for companies pursuing anticompetitive merger transactions. Under the Prior Approval Policy Statement, companies seeking to make acquisitions should secure prior approval from FTC before closing any future deal
Former DOD AI Exec Alka Patel Named Government & External Affairs VP at Comcast
Executive Moves

Former DOD AI Exec Alka Patel Named Government & External Affairs VP at Comcast

Alka Patel, former chief of responsible artificial intelligence at the Department of Defense’s Joint AI Center, has joined Comcast (Nasdaq: CMCSA) to serve as vice president of government and external affairs. The new VP wrote in a LinkedIn post that she will support Comcast as the company focuses on community investment and digital equity to
Luciana Borio Joins Noblis Board of Trustees; Michael Chertoff Quoted
Executive Moves

Luciana Borio Joins Noblis Board of Trustees; Michael Chertoff Quoted

Luciana Borio, a specialist in medical and public health, has been appointed to the board of trustees at Noblis. She develops new investment opportunities in the areas of clinical trials, biologics manufacturing and novel therapies as a venture partner for ARCH Venture Partners, Noblis said Monday. Michael Chertoff, chairman of Noblis’ board of trustees, said
Army Selects 6 Companies for $229M Cyber Instruction, Training Contract
Contract Awards

Army Selects 6 Companies for $229M Cyber Instruction, Training Contract

The U.S. Army has awarded spots on a $229.5 million contract to six small businesses to provide instruction and training support services to the branch’s Cyber Center of Excellence. Contractors will compete to deliver personnel, equipment, supplies, facilities, transportation, tools and materials to center personnel, the Department of Defense said Monday. The Army Field Directorate
Matt Cornwell Succeeds Patrick Hewitt as SPARC Research President
Executive Moves

Matt Cornwell Succeeds Patrick Hewitt as SPARC Research President

Matt Cornwell, a 14-year defense industry veteran, has been named president of Warrenton, Virginia-based propulsion technology developer SPARC Research. He succeeds Patrick Hewitt, who has transitioned to a new role as CEO of SPARC Holding Company, the research business said Monday. Cornwell previously held finance, proposal development and advanced program management roles at Northrop Grumman
Orolia to Acquire Seven Solutions to Expand Positioning, Navigation & Timing Product
M&A Activity

Orolia to Acquire Seven Solutions to Expand Positioning, Navigation & Timing Product

Positioning, navigation and timing technology provider Orolia has agreed to acquire Granada, Spain-based Seven Solutions in a move to expand the former’s product portfolio for defense, telecommunications, data center, smart grid and aerospace applications. Orolio said Monday it expects to close the transaction before the end of 2021 and pursued the acquisition to complement its
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