You may have noticed Sev1Tech’s recent M&A fueled evolution in utilizing funding from private equity owners. This blog provides a short overview into the Sev1Tech’s latest key hires, acquisitions, and new customer footprint. Founded in 2010, Sev1Tech began as a data center consolidation and relocation consulting firm. The business has greatly expanded its offering to…
We last examined GDIT in 2019, examining their top customers, M&A history, and their movement of personnel post CSRA-acquisition. In this blog, we examine the company’s changing mix of customers and major wins and losses over the past two years. How has GDIT’s customer portfolio changed? The below graphic illustrates how GDIT’s top customers have…
Headquartered in Reston, Virginia, Leidos is a technology, engineering and science solutions and services provider serving the defense, intelligence, civil and health markets. The company consists of 43,000 employees and reported revenues of approximately $12.3 billion in FY2020, an increase of $1.2 billion (11%) compared to FY2019. Originally formed in 2013 when SAIC Inc. separated…
Headquartered in Washington DC, GovernmentCIO (“GovCIO”) is a private IT services company, providing services in IT modernization, digital solutions, analytics, cybersecurity, and management and advisory support. GovCIO’s portfolio also includes a Media & Research business, which runs a digital publication covering federal technology topics. With its recent acquisition of Salient CRGT, the combined company consists…
Editor’s note: Per a Huntington Ingalls Industries Investor Conference Call, it appears Alion may “absorb” the Technical Services Division (TSD) going forward. Note that post M&A integration efforts are often very dynamic so this is always subject to change. We last analyzed Huntington Ingalls Industries (HII) in a June 2021 blog, examining their organization, M&A…
As we head into the second half of FY2021, it is important to recap and analyze some of the major ($200M+) contract wins that kicked off this fiscal year. This post is a follow-up of our November 2020 blog, which highlighted some of the major wins and losses at the end of FY2020. Take note…
We last examined ASRC Federal in October 2019. Since then, the company has rebranded, hired a new CEO, and maintained an emphasis on serving NASA and the Department of Defense. Significance of an 8(a) Alaskan Native Corporation You may be wondering, what makes ASRC Federal so special? Why are they unique? ASRC Federal is the…
Editor’s update on July 9, 2021: Huntington Ingalls plans to acquire ALION. We plan to update this blog with this significant change in a future post. The below blog was written in June 2021. More than a decade ago, Northrop Grumman spun off its shipbuilding business to create Huntington Ingalls Industries (HII). HII provides military…
Raytheon…a GOVCON mega-competitor Just over a year ago, Raytheon and United Technologies Corporation (UTC) underwent a massive merger to create Raytheon Technologies. Headquartered in Waltham, Massachusetts, Raytheon Technologies is one of the largest global aerospace and defense companies in the world. The company provides advanced systems and services for commercial, military, and government customers, specializing…
Throughout the first half of federal fiscal year 2021, several government contractors have engaged in M&A actions to expand their corporate capabilities and deepen their customer knowledge. Select highlights out of the acquisition newsreel are highlighted below. Peraton Peraton had a rapid succession of large-scale acquisitions over just the last four months in the form…
