GovConWire's Government Contracting News 11/8/2022

Executive Spotlights

Executive Spotlight: CSA CEO Amy Bleken Shares Challenges & Opportunities of Leading Company Transformation From Small to Mid-Tier Business

Client Solution Architects, a digital transformation and IT services consulting firm, is positioned at a critical point in the GovCon market. After successfully graduating from the Small Business Administration program, CSA has transitioned from a small-sized business to a mid-tier organization that competes with some of GovCon’s big players. GovCon Wire spoke with Amy Bleken, CEO

M&A Activity

Leonardo’s Selex ES Arm to Sell Air Traffic Management Business to Indra Subsidiary

Leonardo has agreed to sell the air traffic management business of its Selex ES subsidiary to an Indra Sistemas company for an undisclosed sum under a sales transaction that is expected to close in the first quarter of 2023. ATM focuses on developing, producing and offering en route navigation and surveillance technologies as well as

Financial Reports

ICF Reports 25.6% Q3 Hike in Government Revenue; John Wasson on Completed Deals

ICF (Nasdaq: ICFI) reported $359.9 million in revenue from government clients during the third quarter of fiscal year 2022, reflecting a 25.6 percent increase from the prior-year period. The Fairfax, Virginia-based company said Thursday Q3 sales from U.S. federal government clients rose 39 percent to $271.3 million and represented 58 percent of total revenue. Revenue

Contract Awards

Parsons Secures Army PFAS Investigation Support Task Order; Jon Moretta Quoted

Parsons (NYSE: PSN) will perform feasibility studies and remedial investigations of per- and polyfluoroalkyl substances at Army National Guard facilities under a $28 million task order awarded by the U.S. Army Corps of Engineers through the Environmental Requirements Acquisition contract. The company said Monday it will look into the nature of PFAS impacts at 16

Contract Awards

CSA Receives Navy Training Support Task Order

Client Solution Architects will help Naval Education and Training Command deliver services across the U.S. Navy’s human resources enterprise under a potential $36.5 million task order. The award covers support to MyNavy HR in the areas of cybersecurity, engineering, information technology, information assurance, network and strategic functions, the company said Tuesday. CSA received the task

Executive Moves

Matthew Edwards to Lead Axient’s Navy Business, SEG Subsidiary

Matthew Edwards, a two-decade defense and intelligence market veteran, has been appointed vice president of Axient‘s Navy business segment and president of the company’s SEG subsidiary. He previously led businesses that provide products and services to government customers such as the Defense Advanced Research Projects Agency, the Office of Naval Research, the Office of Naval

M&A Activity

Mark Fuller: Castellum Identifies Next GovCon Acquisition Target

Castellum (NYSE: CTM) has signed a letter of intent to purchase an East Coast government contractor with $10 million in estimated annual revenue. “This transaction, should we be able to close it, would give us over a $54 million revenue run-rate and expand our scale and capabilities to serve our government clients,” Mark Fuller, president

News

JD Irving Selects Systecon Analytics Tech to Support Canadian Surface Combatant Program

Canada-based J.D. Irving and Systecon’s U.S. arm have partnered to help the Canadian navy accelerate digital transformation efforts for its fleet of surface combatant ships through the adoption of analytics and life cycle management platforms, GovCon Wire has learned. Under the partnership, J.D. Irving will use Systecon’s Opus Suite software to enable the Canadian Surface

Executive Moves

General Dynamics IT Unit Promotes Angelique Napoleon to Solutions Director Post

Angelique Napoleon, former cyber solutions engineer at General Dynamics‘ (NYSE: GD) information technology business, has been promoted to solutions director of homeland security and intelligence market areas under the GDIT organization. Napoleon joined GDIT in April and has more than two decades of cybersecurity and technical support experience across the defense, space and intelligence, automotive