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Bob Kipps serves as managing director at investment bank KippsDeSanto & Co., a provider of services to middle-market firms in the government services, aerospace/defense, cyberintelligence and technology industries. In a new feature for Executive Mosaic, Kipps provides insight into what's driving the GovCon deals market and where participants are aligning for the future. To start 2013, he addresses impacts of the now-in-effect sequester and other budget pressures and notes five important things to consider for the future. After gushing throughout 2012, GovCon M&A deal announcements have slowed to a trickle thus far in 2013.  At a recent deal conference in DC last week, lenders and other transaction advisors were commenting about their lack of deal flow. Sellers clearly tried to accelerate deals that might have otherwise closed in early 2013, before year-end. After ... (more)

Bob Kipps: GovCon M&A Activity Slows to a Trickle

As mentioned last month, deal announcements during the first part of 2013 are likely to be well below the past levels given the compression of deals into 2012-for tax and market reasons-and the ongoing budget uncertainties which are hampering many business owners' ability to accurately portray their business' potential. During March, there were only five government services, intelligence and defense transactions announced vs eleven in March 2012. Similarly, only 21 industry deals were announced through the first quarter of 2013 vs 38 during the first quarter of 2012. Not only w... (more)

Federal Big Data Spending Soaring

Federal agencies spent close to $4.9 billion on Big Data resources during fiscal year 2012 and that number could grow to $5.7 billion in 2014. Research firm Deltek estimates federal big data spending will grow to $7.2 billion by 2017 as agencies strive to handle ever-increasing volumes of data, E-Commerce Times reports. John Higgins writes that one initial challenge agencies face currently is coming up with a definition of "Big Data." Alex Rossino, a Deltek principal research analyst at Deltek, told attendees at a March 14 conference that traditional analytics tools and computing... (more)

Pentagon to Buy Fewer Drones in 2014

The Defense Department has reduced the total amount of drones it wants to buy for fiscal year 2014 but some unmanned aerial vehicles could see increased purchases if Congress approves the request. Gray Eagle, Reaper, Global Hawk, Raven and Shadow are among the several types of unmanned aerial vehicles that will see reduced buys next year, Wired reported Wednesday. Spencer Ackerman writes the Air Force plans to buy 12 Reapers, a cousin of the Predator, and also field 65 Predator and Reaper combat air patrols by May. In 2012, the Air Force acquired 48 Reapers, then cut that number... (more)

ICE Drops Blackberry for iPhone

U.S. Immigration and Customs Enforcement started to provide its employees up to 17,000 iPhones for work and personal use as the agency moves to replace its Blackberry devices. ICE selected the iPhone after evaluating other types of smartphones such as Android devices and analyzing Blackberry maker Resarch in Motion's business model and innovation rate, GovExec reports. Mobile security company Good Technology is helping ICE roll out the iPhones after previously helping the Department of Homeland Security protect its technology, data and applications from unauthorized people such a... (more)