:

Business/Financial

Ambit Group Acquires GreenZone Solutions

By Cal Biesecker

Tuesday, March 2nd, 2021

SHARE:

Ambit Group Acquires GreenZone Solutions

Kim Hayes, founder and co-CEO of The Ambit Group. Photo: The Ambit Group

The Ambit Group on Tuesday acquired GreenZone Solutions with the backing of private equity firm AE Industrial (AEI) partners to build out the federal services company. Terms of the deal were not disclosed. Ambit provides information technology modernization, business transformation and mission support services to federal customers and GreenZone brings expertise in data management and analytics, cyber security, and agile software development for federal customers. “We designed and built Ambit with the intention of creating a platform company with the…

Congress

SASC’s FY ‘27 NDAA Sticks With Army’s Plan For Legacy Aviation Procurement Cuts

The Senate Armed Services Committee’s (SASC) version of the next defense policy sticks to the Army’s proposed plan to cut procurement of its legacy aviation fleet, and does not authorize […]

Congress

SASC Approves $1.14 Trillion FY ‘27 NDAA With ‘Right to Repair’ Reform, Stock Buyback Restriction

The Senate Armed Services Committee (SASC) has approved its $1.14 trillion version of the next defense policy bill, adopting “right to repair” reform to provide the military services’ greater ability […]

Congress

House Appropriators Unveil $1.07 Trillion FY ‘27 Defense Bill, Restore Funds For E-7, Army Aviation

House appropriators on Wednesday released their $1.07 trillion fiscal year 2027 defense spending bill, with the legislation reversing Army aviation cuts, restoring funding for the Air Force’s E-7 Wedgetail program […]

Congress

MOSA Implementation By Pentagon Lagging, GAO Official Says

While the Modular Open Systems Approach (MOSA) has been a requirement for major defense acquisition programs since January 2019 and other Defense Department acquisitions since January 2021, few programs are […]