Industry Update: IT Government Contracting

By: Edward Hamilton | PJ Patel | Raymond Weisner

VRC is proud to release its latest Industry Report. The report provides a concise, insightful update on the IT Government Contracting industry including recent transactions, market multiples, company performance and purchase price allocation percentages.

Read the full report: IT Government Contracting: March 2020

March 2020 Industry Highlights

  • On February 6, 2020, SAIC announced its acquisition of Unisys Federal for approximately $1.2 billion. Unisys Federal brings capabilities in cloud migration, IT modernization, managed services, and DevSecOpps.
  • On January 27, 2020, ASGN and subsidiary ECS acquired the federal division of Blackstone Technology Group for $85 million. Blackstone Federal provides services such as agile application development, cloud modernization, systems architecture, cybersecurity, user experience design, and branding services.
  • In January, ICF acquired Incentive Technology Group for $255 million. ITG is a fast-growing provider of cloud-based platform services to the federal government, including HHS, DOS, DHS, and GSA.
  • Read the full March 2020 IT Government Contracting industry report.

Past Industry Updates:

IT Government Contracting: October 2019

IT Government Contracting: September 2019

IT Government Contracting: March 2019

IT Government Contracting: September 2018

IT Government Contracting: March 2018

IT Government Contracting: September 2017

IT Government Contracting: March 2017

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