GovConWire's Government Contracting News 12/9/2022

Executive Spotlights

Deep Water Point, Wolf Den Combination Creates ‘More Complete Set of Offerings’; Howard Seeger & Kimberly Pack Quoted

After the government contracting industry experienced a surge in mergers and acquisitions a few years ago, the market has cooled in recent times. This is partly due to cautionary business behaviors in response to accelerated inflation. According to Howard Seeger, founder, managing partner and CEO of advisory firm Deep Water Point, in today’s landscape, the fit has

M&A Activity

DLH Acquires Federal IT Services Contractor GRSi; Zachary Parker Quoted

DLH Holdings (Nasdaq: DLHC) has purchased Grove Resource Solutions Inc. for $185 million as part of efforts to expand its information technology modernization and cybersecurity offerings for federal government customers. Bethesda, Maryland-based GRSi has approximately 700 employees and has been providing cybersecurity, cloud-based enterprise modernization, systems engineering, technology insertion and other IT support services to

Competitive Intelligence

DOD’s Shifting Priorities on Emerging Tech Signal a Change in Focus Areas

As a collective entity united under the mission of achieving Joint All Domain Command Control, the U.S. military has intensified its spending on developing various technologies to benefit intelligence-gathering. Artificial intelligence and machine learning, as well as various data-sharing and cybersecurity tools have undergone a renewed focus and interest from Department of Defense officials, as

Executive Moves

Jeff Affuso Named Citizant’s 1st Chief Growth Officer

Citizant has appointed Jeff Affuso, a nearly three-decade government consulting industry veteran, to the company’s newly created position of chief growth officer. He will be responsible for aligning Citizant’s growth strategies and driving enterprise value as its first CGO, the information technology services provider said Thursday. With 30 years of experience under his belt, Affuso

Contract Awards

CACI, Peraton Win Contracts to Help DCSA Conduct Background Checks

CACI International‘s (NYSE: CACI) federal arm and Peraton‘s risk decision group have each won a potential $2.25 billion contract to help the Defense Counterintelligence and Security Agency run background checks on U.S. government applicants and contractor personnel. The two companies will carry out background investigation fieldwork work nationwide over a five-year period, the Department of

News

SES Government Arm Rebrands as SES Space & Defense; David Fields Quoted

The government-focused subsidiary of global satellite operator SES has changed its name to SES Space & Defense as part of a rebranding effort that seeks to reflect its new strategy, structure and expanded capabilities meant to meet the needs of the Department of Defense and other U.S. government customers. The rebranding comes after SES Government

Contract Awards

Lockheed Unit Lands $2.2B Contract Modification for US, International F-35 Logistics Support

Lockheed Martin‘s (NYSE: LMT) aeronautics business will perform logistics support work for domestic and international customers of the F-35 Lightning II Joint Strike Fighter program under a U.S. Navy contract modification worth $2.22 billion. The Department of Defense said Thursday the company will conduct ground maintenance, operate an automatic logistics information system, train pilots and

Contract Awards

Chenega Subsidiary Secures $198M NASA Protective Services IDIQ

A Chenega subsidiary has booked a potential $198 million contract to provide protective services at NASA facilities located in the eastern region. Chenega Global Protection will work to secure information, communication and physical assets, operations and personnel at NASA’s Washington headquarters as part of the indefinite-delivery/indefinite-quantity contract, the agency said Friday. The business will perform

News

Raytheon’s Venture Arm Invests in Autonomous Tech Developer EpiSci

The venture capital arm of Raytheon Technologies (NYSE: RTX) has invested in EpiSci to help the latter scale its Tactical AI platform and further develop autonomy technology systems. RTX Ventures will offer guidance as EpiSci works to develop collaborative autonomy platforms demonstrate the implementation of a model-based autonomy architecture that could lead to the development

Contract Awards

Carahsoft to Expand DOD Tech Offerings Under New BPA; Craig Abod Quoted

Carahsoft Technology will offer asset management and cybersecurity products from 10 vendors to the Department of Defense and the intelligence community under a new DOD Enterprise Software Initiative blanket purchase agreement. The BPA covers software products and maintenance support, information technology services and training for IT asset management and cybersecurity efforts, Carahsoft said Thursday. Under

GovConWire's Government Contracting News 12/9/2022

Deep Water Point, Wolf Den Combination Creates ‘More Complete Set of Offerings’; Howard Seeger & Kimberly Pack Quoted

DLH Acquires Federal IT Services Contractor GRSi; Zachary Parker Quoted

DOD’s Shifting Priorities on Emerging Tech Signal a Change in Focus Areas

Jeff Affuso Named Citizant’s 1st Chief Growth Officer

CACI, Peraton Win Contracts to Help DCSA Conduct Background Checks

SES Government Arm Rebrands as SES Space & Defense; David Fields Quoted

Lockheed Unit Lands $2.2B Contract Modification for US, International F-35 Logistics Support

Chenega Subsidiary Secures $198M NASA Protective Services IDIQ

Raytheon’s Venture Arm Invests in Autonomous Tech Developer EpiSci

Carahsoft to Expand DOD Tech Offerings Under New BPA; Craig Abod Quoted

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