The program helps small businesses grow and transition faster to priming contracts, at a time when a “stasis-is-death” ethos is driving ongoing consolidation in the market.
ICF Inc. and SIE Consulting Group are among the companies selected for five contracts to set up “centers of excellence” to guide IT modernization initiatives.
There were 60 transactions through the first two months of the year among aerospace, defense and government services companies and the activity shows no signs of slowing down.
Source: M&A in government contracting is off to a torrid start – Washington Business Journal
Acacia Group, launched last year, is yet another of what might be considered a nontraditional player now running in Greater Washington government contracting investing circles.
SOURCE: Why this investment group’s debut in government contracting is more than ‘equity arbitrage
Mid-sized government contractors often operate in a no man’s land. So do they go big, or stay put?
The union creates a player with $9.9 billion in revenue and bolsters the information systems and technology business of the Falls Church-based defense contracting giant.
Source: General Dynamics Corp. to acquire CSRA Inc. in $9.6 billion deal – Washington Business Journal
The dispute stems from a $170 million contract to replace an outdated IT system used to manage $10 billion in Medicaid payments.
Two of the five largest government IT contractors have reported quarterly earnings, and both offer a look at trends that will impact federal contractors in the months to come.
One CEO is left grappling with a market that’s still far too lacking in focus despite reports of optimism based on the Trump administration’s defense spending priorities.
The only certainty facing government contractors in recent years has been uncertainty. That could start to change in 2018.