Weekly Roundup Oct 24 – Oct 30 2014

Weekly Roundup
Oct 24 – Oct 30 2014

A Note From Our President & Founder Jim Garrettson

The government services market is set to go through another large-scale reshaping as two of the sector’s most notable players said this week that they would combine forces.

Engility will pay $1.1 billion in stock for TASC, whose current owners will hold a 51-percent ownership stake in the combined company upon the transaction’s closure, which is scheduled for the first quarter of 2015.

Both companies — whose headquarters are based approximately three miles apart from each other in Chantilly, Virginia — have undertaken this move in an environment where government and industry have seen increased budget pressures in the technical and professional services area.

Craig Reed, SVP for strategy and corporate development at Engility, described what he called the “transformational” nature of the deal for both companies and the sector at large exclusively to GovCon Wire shortly after the acquisition was announced.

Click here to read GovCon Wire’s coverage from Tuesday for Reed’s perspective and to review all of the details from the transaction.

               

Government spending in the post-sequestration era will be the main point of discussion at the Potomac Officers Club’s next event — the “FY 15 Budget & Procurement” summit Nov. 19.

Leaders from the worlds of government, industry and academia will give the GovCon executive audience perspectives and insight how the sector should navigate this evolving budget environment.

We are also excited to announce National Intelligence Director James Clapper as the keynote speaker for POC’s ‘2015 Intel Summit‘ on Jan. 21.

Click here to register and reserve your seat at these and more upcoming POC events.

THIS WEEK’S TOP NEWS STORIES 
Booz Allen Purchases Health Informatics Firm Epidemico; Karen Dahut Comments
Epidemico makes cloud-based software to analyze population health.
Marillyn Hewson: Lockheed Makes Federal Health IT Play With Buy of Systems Made Simple
Systems Made Simple holds position on the VA’s T4 IT modernization vehicle.
Joe Armstrong Named President of Intelligent Decisions
Armstrong elevates to the role from CFO for the Chantilly-based company.
Judy Marks: Siemens to Help Park Service Run DC Landmark Energy Program
Popular tourist spots will get solar panels and other energy management tech.
Jeff Lush, HP Federal Civilian Segment CTO, on Gov’t IT
Lush discusses the company’s cloud and data analytics investments in Q&A.
Graham Plaster on The Intelligence Community LLC’s Freelance Marketplace
Plaster overviews his firm’s crowdsourcing push in national security.
ICE Picks 9 Firms for Program Mgmt, Acquisition Support BPA
Awardees will compete for professional services work under the 5-year vehicle.
James Clapper: Federal Agencies Must Work Toward ‘Vertical’ Integration
The national intelligence director highlights interagency cooperation in speech.
Chris Hamm Promoted to Director of GSA’s FEDSIM Segment
Hamm leads an organization that helps run DHS’ continuous monitoring contract.
Andrew Hunter: Pentagon, Congress Seek Consensus on Military Acquisition Reforms
The senior DoD official says both sides have made progress on reforms.
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