GovConWire's Government Contracting News 2/16/2023

Executive Moves

Jeff Bohling Joins Empower AI as CEO

Jeff Bohling, a government information technology services executive, has been elected by the board of directors of Empower AI to serve as CEO of the Reston, Virginia-based government IT and professional services provider. He brings to the position over 20 years of experience leading businesses that deliver mission-critical tech platforms and services to the public

News

Vote Now for Your Favorite Wash100 Winners in 2023’s Class

Executive Mosaic‘s popular vote competition for the 10th annual Wash100 class kicked off three weeks ago and is driving continued participation by our readers and peers of this year’s esteemed group of government contracting figures. The Wash100 Award recognizes public and private sector leaders who demonstrated strategic vision, outstanding leadership and impactful innovation that help

News

Microsoft Federal President Rick Wagner Secures 6th Wash100 Win for Driving Cloud Capabilities to Support Defense Missions

Executive Mosaic has included Rick Wagner, president of Microsoft’s federal business, in its 2023 Wash100 Award list for helping lead company efforts focused on delivering cloud capabilities to the government in support of national security missions. The recognition marks the sixth consecutive time that Wagner was presented with Executive Mosaic’s most prestigious award in all

M&A Activity

Advent-Maxar Merger to Proceed Following Completion of ‘Go-Shop’ Period

Private equity investment firm Advent International and Maxar Technologies (NYSE: MAXR) are expected to continue their planned merger after the Westminster, Colorado-based geospatial intelligence services provider did not receive a competing alternative offer during the go-shop period that expired Tuesday. In December, Advent agreed to acquire Maxar for $53 per share, or about $6.4 billion

News

Valiant Forms Advisory Board for Military Training Market Strategy; Dan Corbett Quoted

Valiant Integrated Services has formed a four-member advisory board to provide guidance and insight to the company’s management team on market trends, customer needs and business opportunities in the military training market. The Training Advisory Board is composed of retired U.S. Army officers who will help align Valiant’s training and readiness offerings with customer expectations

Contract Awards

General Dynamics, Day & Zimmermann Subsidiaries Awarded $994M Army Ammo Contract

General Dynamics‘ (NYSE: GD) ordnance and tactical systems business and American Ordnance, a unit of Day & Zimmermann, will compete for task orders under a $993.8 million contract to produce 155-millimeter rounds of ammunition for the U.S. Army. The Army Contracting Command received two offers for the $993.8 million firm-fixed-price contract, the Defense Department said

M&A Activity

LinQuest Adds Defense RDT&E Services Through CAMO Acquisition; Greg Young Quoted

LinQuest has acquired Capability Analysis and Measurement Organization in a move to provide research, development, test and evaluation support to U.S. Special Operations Command and other defense agencies. CAMO has more than a decade of experience supporting USSOCOM and its component commands with testing and integration of warfighting systems, LinQuest said Wednesday. The acquired company

News

NASA Seeks Contractor to Develop Geostationary Extended Operations Sounder Instrument

NASA has issued a request for proposals for the development of a hyperspectral infrared instrument to be used in the space agency’s next-generation geostationary satellite program with the National Oceanic and Atmospheric Administration. A notice posted Friday on SAM.gov stated that the chosen proposal will receive a cost-plus-award-fee hardware contract to provide for up to

Financial Reports

Parsons Reports 16% Q4 Revenue Growth, $4.2B in 2022 Full-Year Sales; Carey Smith on 2023 Priorities

Parsons (NYSE: PSN) saw its fourth-quarter revenue for fiscal year 2022 rise 16 percent to $1.1 billion and reported full-year sales of $4.2 billion, reflecting a total growth of 15 percent and organic growth of 9 percent. The Centreville, Virginia-based contractor said Wednesday Q4 2022 net bookings reached $1.1 billion with a book-to-bill ratio of

News

USACE Posts Presolicitation Notice for Multiple-Award DHS Construction Contract

The U.S. Army Corps of Engineers Fort Worth District has released details of a potential $1.5 billion multiple-award task order contract vehicle for construction and design-build services in support of the Department of Homeland Security. A notice posted Wednesday on SAM.gov stated that USACE plans to award up to five indefinite-delivery/indefinite-quantity contracts with an ordering

GovConWire's Government Contracting News 2/16/2023

Jeff Bohling Joins Empower AI as CEO

Vote Now for Your Favorite Wash100 Winners in 2023’s Class

Microsoft Federal President Rick Wagner Secures 6th Wash100 Win for Driving Cloud Capabilities to Support Defense Missions

Advent-Maxar Merger to Proceed Following Completion of ‘Go-Shop’ Period

Valiant Forms Advisory Board for Military Training Market Strategy; Dan Corbett Quoted

General Dynamics, Day & Zimmermann Subsidiaries Awarded $994M Army Ammo Contract

LinQuest Adds Defense RDT&E Services Through CAMO Acquisition; Greg Young Quoted

NASA Seeks Contractor to Develop Geostationary Extended Operations Sounder Instrument

Parsons Reports 16% Q4 Revenue Growth, $4.2B in 2022 Full-Year Sales; Carey Smith on 2023 Priorities

USACE Posts Presolicitation Notice for Multiple-Award DHS Construction Contract

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