M&A

VT Group makes second M&A deal of 2019

Defense technology services company VT Group has made its second acquisition of the year, this time of Delta Resources to add more systems engineering and technical services work for the Navy and other defense agencies.

Terms of the deal were undisclosed, but VT Group said Tuesday it will add close to 350 new employees through the deal that brings total headcount to around 1,100. Alexandria, Virginia-based Delta Resources will become a subsidiary of VT Group and be led by founder and CEO Maria Proestou.

Delta Resources’ prime contract customers within the Navy include Naval Sea Systems Command and program executive offices focused on so-called “C5I” and weapons systems. The company also provides IT, cloud implementation and cybersecurity engineering services to the Army and Defense Information Systems Agency.

This deal represents Chantilly-based VT Group’s second of the year so far since the January acquisition of military aviation services outfit National Technology Associates.

VT Group has been held by private equity firm The Jordan Company since 2012.

About the Author

Ross Wilkers is a senior staff writer for Washington Technology. He can be reached at rwilkers@washingtontechnology.com. Follow him on Twitter: @rosswilkers. Also find and connect with him on LinkedIn.

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

  • POWER TRAINING: How to engage your customers

    Don't miss our Aug. 2 Washington Technology Power Training session on Mastering Stakeholder Engagement, where you'll learned the critical skills you need to more fully connect with your customers and win more business. Read More

  • PROJECT 38 PODCAST

    In our latest Project 38 Podcast, editor Nick Wakeman interviews Tom Romeo, the leader of Maximus Federal about how it has zoomed up the 2019 Top 100. 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.