In a deal that would significantly expand its capabilities in providing healthcare-related information technology (IT) solutions to the federal government, General Dynamics [GD] yesterday said it has agreed to acquire Vangent Holding Corp. from the private equity firm Veritas Capital for $960 million in cash. GD said the deal would elevate it to Tier 1 status as a federal healthcare IT provider, basically meaning it will be able to compete for the largest opportunities in this market. “Vangent is a…
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The White House has detailed “a number of concerns” with the newly-passed House version of the next defense policy bill, to include the legislation’s limits on procuring Navy ships built […]
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