ASRC Federal adds Molino as corporate development head

ASRC Federal said Friday it has hired former Leidos senior vice president Mike Molino as executive vice president of corporate development to help oversee the merger-and-acquisition strategy.

Molino worked as senior VP of strategy and corporate development at Leidos. ASRC Federal cited his almost 15 years of federal market experience in corporate strategy, M&A due diligence, integration, business development, market expansion, business operations and financial management.

ASRC Federal's most recent acquisition was of Vistronix almost two years ago in a deal that added new analytics, signal processing and cloud computing services.

Prior to Leidos, Molino was a vice president at Science Applications International Corp. before that company’s split in 2013 into the two companies now known as Leidos and SAIC.