Beltway Biz

iDefense Acquires Security Services<@VM>General Dynamics Realigned<@VM>ACS Goes Shopping

By Marianne Dunn

Infrastructure Defense Inc., an intelligence and risk management company in Alexandria, Va., acquired HomeCom Internet Security Services, a division of Atlanta-based HomeCom Communications Inc.

iDefense said HomeCom will transfer its security division and all contracts to iDefense in exchange for common stock and equity. They did not reveal the terms of the purchase.

iDefense pulls about 30 percent of its business from the public sector, a company spokesman said.
General Dynamics Corp., Falls Church, Va., realigned its senior management responsibilities in response to the retirement of Michael Wynne, senior vice president. Wynne was responsible for the company's international, planning and development activities.

Gordon England, executive vice president, will lead the company's international development activities and head the Information Systems and Technology group. He will turn over responsibility for the Combat System group to Arthur Veitch, who will become a senior vice president. Veitch, who was previously a corporation vice president and president of the General Dynamics Land Systems, will be succeeded by Charles Hall.
Advanced Communication Systems Inc., Fairfax, Va., acquired all outstanding shares of Charlottesville, Va.-based Program Associations Inc. for $2.5 million in cash and additional payments upon achievement of certain financial goals in the next 16 months.

ACS provides communication, information systems and avionics services to government and commercial customers. PSA develops, installs and supports online, real-time financial management information systems for the Department of Defense.

George Robinson, president and chief executive officer of ACS, said that company officials expect to retain PSA's management team.

Reader Comments

Please post your comments here. Comments are moderated, so they may not appear immediately after submitting. We will not post comments that we consider abusive or off-topic.

Please type the letters/numbers you see above

What is your e-mail address?

My e-mail address is:

Do you have a password?

Forgot your password? Click here
close

Trending

  • VIDEO: Explore the 2019 M&A Trends

    Editor Nick Wakeman interviews Kevin DeSanto of the investment bank KippsDeSanto about the highlights of their annual M&A survey and trends driving acquisitions in the federal space. Read More

  • PROJECT 38 PODCAST

    In our latest Project 38 Podcast, editor Nick Wakeman and senior staff writer Ross Wilkers discuss the major news events so far in 2019 and what major trends are on the horizon. Read More

contracts DB

Washington Technology Daily

Sign up for our newsletter.

Terms and Privacy Policy consent

I agree to this site's Privacy Policy.