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GovConWire's Government Contracting News 11/9/2021

Boeing Seals $15B Follow-On Deal for US Military Platform Supply Chain Services; Dan Gillian Quoted
Contract Awards

Boeing Seals $15B Follow-On Deal for US Military Platform Supply Chain Services; Dan Gillian Quoted

Boeing (NYSE: BA) has closed on a 10-year, $15 billion contract with the Defense Logistics Agency to extend the company’s supply chain support for U.S. military platforms. The company said Monday it will continue to help DLA manage parts and logistics processes for the sustainment of aircraft such as F-15 Eagle, F/A-18 Hornet, KC-46 Pegasus
Department of the Air Force CIO Lauren Knausenberger Receives 2021 Wash100 Award From Executive Mosaic CEO Jim Garrettson
News

Department of the Air Force CIO Lauren Knausenberger Receives 2021 Wash100 Award From Executive Mosaic CEO Jim Garrettson

Lauren Knausenberger, chief information officer for the Department of the Air Force, was presented her first Wash100 Award by Executive Mosaic CEO Jim Garrettson during a recent 4×24 membership dinner. This marks the first time that Knausenberger has received the most prestigious and celebrated award in all of government contracting (GovCon). In the record-shattering 2021
Seth Eaton Named PAE National Security Services CTO, Tech Innovation VP
Executive Moves

Seth Eaton Named PAE National Security Services CTO, Tech Innovation VP

Seth Eaton, a veteran technology executive, has joined PAE (Nasdaq: PAE) as chief technology officer and vice president of technology innovation within the company’s national security services division. He will develop and oversee the implementation of the Falls Church, Virginia-based defense and government services contractor’s strategy for fielding new technology platforms in support of customers,
Viasat to Buy Inmarsat in $4B Cash-Stock Deal
M&A Activity

Viasat to Buy Inmarsat in $4B Cash-Stock Deal

Viasat (Nasdaq: VSAT) has agreed to purchase British satellite services provider Inmarsat for approximately $3.9 billion in cash and stock in a strategy to offer a global hybrid network for government and enterprise communications. Carlsbad, California-based Viasat will assume $3.4 billion in Inmarsat’s net debt, bringing the total transaction value to $7.3 billion, and both
GovCon Expert Rich Wilkinson: A Guide to Bringing Business Systems Up to Uncle Sam’s Exacting Standards
GovCon Expert

GovCon Expert Rich Wilkinson: A Guide to Bringing Business Systems Up to Uncle Sam’s Exacting Standards

Rich Wilkinson, director of product marketing for Unanet and a GovCon Expert, has published the latest article as a member of Executive Mosaic’s GovCon Expert program on Tuesday. Previously, Wilkinson explored how the COVID-19 pandemic has impacted the professional services industry and how these firms will be able to adapt to the new “work from anywhere” transition and
Treasury Guidance Seeks to Advance Sanctions Compliance in Virtual Currency Industry
News

Treasury Guidance Seeks to Advance Sanctions Compliance in Virtual Currency Industry

The Department of the Treasury’s office of foreign assets control issued guidance in October to promote compliance with sanctions requirements and due diligence best practices in the virtual currency industry. OFAC said technology companies, miners, wallet providers, exchangers, administrators and other operators in the virtual currency industry play a key role in keeping sanctioned persons
Holly Hidalgo Appointed Cornerstone Business Development SVP; Christopher Goodrich Quoted
Executive Moves

Holly Hidalgo Appointed Cornerstone Business Development SVP; Christopher Goodrich Quoted

Cornerstone Defense has appointed Holly Hidalgo as senior vice president of business development and growth at the Hanover, Maryland-based technical services provider. Hidalgo brings to her new position leadership experience at government contractors such as Science Applications International Corp. (NYSE: SAIC), IP Network Solutions, Cornerstone said Wednesday. Most recently, she was part of a company’s
Advent-Led Investor Group Strikes $14B Deal for McAfee
M&A Activity

Advent-Led Investor Group Strikes $14B Deal for McAfee

An investor group led by private equity firms Advent International and Permira Advisers has agreed to acquire McAfee (Nasdaq: MCFE) in a transaction valued at approximately $14 billion, including debt. McAfee’s board of directors approved the transaction that is expected to be completed in the first half of calendar year 2022, pending approval by McAfee’s
Grant Hagen Promoted to Cyber & EW Group President Within HII Technical Solutions Division
Executive Moves

Grant Hagen Promoted to Cyber & EW Group President Within HII Technical Solutions Division

Grant Hagen, formerly senior vice president of business operations at Huntington Ingalls Industries‘ (NYSE: HII) Technical Solutions division, has been named president of the segment’s cyber and electronic warfare business group. He succeeds Terri Walker-Spoonhour, who led the group on an acting basis and will continue in her full-time role as HII Technical Solutions’ chief
Former Alion Exec Maliek Ferebee Joins DLH as Chief HR Officer
Executive Moves

Former Alion Exec Maliek Ferebee Joins DLH as Chief HR Officer

G. Maliek Ferebee, former chief human capital officer at Alion Science and Technology, has been named chief human resources officer of DLH Holdings (Nasdaq: DLHC). He will be part of DLH’s executive leadership team and oversee HR operations that include talent acquisition and development, employee engagement and performance management functions, the company said Monday. Previously,
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