Author: vtgroupprod

VTG Acquires ASSETT, Inc., Adding Artificial Intelligence-enabled Undersea Warfare and Unmanned Systems Capabilities to Portfolio

Post author By vtgroupprod
Post date August 25, 2021

CHANTILLY, Va., Aug. 25, 2021 — VTG, an industry-leading provider of force modernization and digital transformation solutions, is pleased to announce the acquisition of ASSETT, Inc., a pioneer in undersea warfare and unmanned systems technologies. The combination adds differentiated artificial intelligence/machine learning applications and unique submarine acoustic expertise to VTG’s growing naval systems portfolio.

“I’m excited to welcome ASSETT’s innovative engineers, software developers, and scientists to VTG,” said John Hassoun, VTG president and CEO. “Submarines, unmanned platforms, and AI/ML-enabled C5ISR systems will play an increasingly important role in Distributed Maritime Operations. ASSETT is developing the solutions and emerging technologies that will be foundational to this dispersed and networked fleet architecture. We look forward to bringing these transformational technologies and expertise to the Navy as well as customers across the Defense enterprise and Intelligence Community.”

Founded in 2001, ASSETT develops AI/ML applications for undersea and unmanned systems and is a longstanding industry leader in submarine SONAR acoustics and signal processing. In its mission-critical work to support defense modernization, the company has also developed and fielded a prototype integrated control system for combat submersibles and a battery management system for lithium-ion powered platforms.

ASSETT’s core capabilities include systems and cybersecurity engineering, software development and data science, with deep expertise in model-based systems engineering, DevSecOps, AI/ML, and human-machine teaming. The company has been remarkably adept at collaborating with customers to rapidly develop and field prototype technologies using Small Business Innovation Research phase three agreements and Other Transaction Authority contracts. These proprietary technologies are now the foundation of a growing VTG solutions portfolio well positioned for further development, fielding, and commercialization.

“ASSETT and VTG share similar cultures and strong core values, and I’m confident that this partnership will enable us to realize our vision of continuing to develop next generation solutions for our customers,” said ASSETT president, retired Rear Admiral Jim Shannon. “As a result of this acquisition, ASSETT employees will enjoy expanded growth opportunities and our combined clients will have access to a wider array of expertise, tools, and technologies to help them achieve their goals.”

Shannon, who previously served as Deputy Assistant Secretary of the Navy for International Programs as well as Deputy Commander of the Naval Sea Systems Command, will continue to lead ASSETT as it is integrated into the VTG enterprise as a technology development center of excellence.

Uncategorized

VT Group Integrates Capabilities – Rebrands as VTG

Post author By vtgroupprod
Post date July 29, 2020
No Comments on VT Group Integrates Capabilities – Rebrands as VTG

Chantilly, VA, July 30, 2020 – VT Group, an industry-leading provider of force modernization and digital transformation solutions, announced that it has consolidated its enterprise-wide capabilities in a strategic move to better serve its customers and will rebrand as VTG. Following the successful integration of two key acquisitions and numerous recent contract awards, the company is repositioning to offer an expanded range of engineering and sustainment services to a growing portfolio of Defense customers and to reflect the transformative solutions it now offers across naval, aerospace, network, and digital domains.

Tracing its earliest roots to 1866 and operating under the name VT Group since 2002, the company had previously managed unique capabilities each under separate company brands within the VT Group umbrella. Today’s move signals the consolidation of its enterprise-wide talent and capabilities under a single customer delivery model that combines innovative technologies, deep domain knowledge, and core engineering expertise with middle-market agility and responsiveness. VTG President and Chief Executive Officer John Hassoun explained, “We are no longer a disparate group of companies but instead one enterprise working together towards a common mission: expanding America’s competitive advantage in the modern battlespace.”

Today’s announcement culminates the strategic transformation of the 150-year old company that began when Hassoun took the helm in 2017. Operational improvements, divestitures, acquisitions, and aggressive organic growth have all played critical roles in reshaping VTG for the future. In the last year alone, VTG acquired National Technologies Associates (NTA) to build out its aerospace engineering portfolio and doubled down in Navy shipbuilding and Fleet modernization by acquiring C5ISR and weapons systems engineering expert DELTA Resources. The company has also earned a string of prime contract wins with the US Navy’s major systems commands. VTG won two 10-year contracts to install advanced C5ISR systems on Navy warships, submarines, and shore installations; secured the flagship Presidential Helicopters support contract; and was selected to integrate directed energy laser weapons aboard Navy destroyers. The company also expanded its support to several other Defense Department customers, winning a prime vehicle to provide integrated base defense systems to Air Force facilities worldwide, and adding opportunities that enhance its digital transformation and IT modernization capabilities.

VTG will now offer its customers modernization solutions and full lifecycle engineering for rotary, tilt-rotor, and fixed wing aircraft, all classes of naval warships and submarines, and a comprehensive suite of maritime, aerospace, and land-based C5ISR systems. “The evolution of the brand follows the evolution of the company’s strategy, offerings, value proposition, and business structure,” said Chief Growth Officer Sunil Ramchand. “While the streamlined name VTG acknowledges the company’s 150-year legacy, the new brand reflects the full breadth and depth of our enterprise, as well as our enduring commitment to deliver the most advanced technologies to confront the next generation of threats.”

Press Releases

VT Group to Modernize U.S. Navy C4ISR Systems Worldwide

Post author By vtgroupprod
Post date October 22, 2019

Chantilly, VA, October 22, 2019 – VT Group, a premier technology integrator and Command, Control, Communications, Computers, Intelligence, Surveillance and Reconnaissance (C4ISR) solutions provider, has been selected by Naval Information Warfare Systems Command (NAVWAR) as one of eight awardees for an indefinite delivery, indefinite quantity (IDIQ) multiple award contract in support of the Shore Global
C4ISR Installation Contract. VT Group will compete to perform the installation of integrated C4ISR and supporting systems at US Navy installations worldwide. The work will be performed at shore-based facilities, and on towers, piers, and platforms, as well as mobile systems and special purpose vehicles. The contract vehicle has a ceiling value of $968 million over a five-year base and one five-year option period. This past July, VT Group was awarded a similar contract to modernize C4ISR systems aboard the Navy’s growing Fleet of surface ships and submarines.

VT Group has a 50-year history providing the US Navy with industry-leading C4ISR modernization solutions and full lifecycle engineering services – in the air, ashore and at sea. The Company has integrated C4ISR technologies at shore-based facilities on all seven continents and aboard every existing class of warship and submarine. VT Group recently expanded its naval systems engineering and shipbuilding capabilities with the acquisition of DELTA Resources.

“VT Group is honored to partner with NAVWAR to deliver information dominance to the warfighter,” said John Hassoun, VT Group President and Chief Executive Officer. “This new contract will leverage VT Group’s differentiated C4ISR, information technology, and electronic security system expertise, as well as its growing presence and partnerships in the Indo-Pacific region and other locations worldwide.”

Press Releases

VT Group Enhances Naval Modernization Capabilities with Acquisition of Delta Resources, Inc.

Post author By vtgroupprod
Post date September 30, 2019

Combination Will Create Leading Provider of Full Lifecycle Naval Engineering Services

Chantilly, VA, September 30, 2019 – VT Group, a premier technology integrator and C4ISR solutions provider, is pleased to announce the acquisition of DELTA Resources, Inc., a rapidly growing firm of 350 highly skilled professionals specializing in naval systems engineering and technical services for the US Navy’s most critical shipbuilding and Fleet modernization programs.

Founded in 2000 and headquartered in Alexandria, Virginia, DELTA Resources provides the Naval Sea Systems Command (NAVSEA) and the Navy’s Program Executive Offices (PEOs) with C5I and weapons systems engineering, integrated product support, and a full spectrum of technical services. DELTA Resources also delivers information technology, cloud implementation, and cybersecurity engineering services to a growing customer base that includes the US Army and the Defense Information Systems Agency (DISA).

“I am excited to welcome the DELTA Resources team to VT Group,” said John Hassoun, VT Group President and Chief Executive Officer. “This acquisition adds differentiated technical expertise to our portfolio of Fleet modernization capabilities and positions VT Group as a leading provider of full lifecycle naval engineering services for the next generation of naval platforms and weapons systems.”

DELTA Resources founder and Chief Executive Officer Maria Proestou shared, “I am immensely proud of the DELTA Resources team, their commitment to our customers, and the business we’ve built together. This combination is the next chapter in our story. VT Group and DELTA Resources share a common vision, compatible cultures, complementary capabilities, and a customer-focused team of talented professionals.” Ms. Proestou will continue to lead DELTA Resources as a wholly-owned subsidiary of VT Group.

VT Group provides Defense Department customers with industry leading C4ISR modernization and sustainment solutions and full lifecycle engineering in the air, ashore, and at sea. Its US Navy prime contract customers include the Naval Air Systems Command (NAVAIR), Naval Information Warfare Systems Command (NAVWAR), and Naval Sea Systems Command (NAVSEA) and its capabilities span the engineering lifecycle spectrum, from concept development and design through installation, integration, and sustainment. Chief Growth Officer Sunil Ramchand added, “In the Program Executive Offices, at the Systems Commands, and on the deckplates of every class of warship and submarine in the Fleet, VT Group is honored to support the US Navy and proud to provide our Sailors with the warfighting capabilities of tomorrow.”

Press Releases

VT Group Awarded U.S. Navy Afloat Global C4ISR Installations Contract

Post author By vtgroupprod
Post date August 20, 2019

Chantilly, VA, August 20, 2019 – VT Group, a premier middle-market technology integrator and C4ISR solutions provider, has been named by Naval Information Warfare Systems Command (NAVWAR) as one of six award winners for an indefinite delivery, indefinite quantity (ID/IQ) contract. VT Group will compete for work in the areas of Afloat installation and integrated Command, Control, Communications, Computers, Intelligence, Surveillance, and Reconnaissance (C4ISR) systems aboard the Navy’s growing Fleet of surface ships and submarines. The contract vehicle has a ceiling value of $2.45 billion over a five-year base period and one five-year option period.

VT Group has a 50-year history providing the U.S. Navy with industry-leading C4ISR modernization and sustainment solutions, and full lifecycle engineering services – in the air, ashore, and at sea. Its maritime solutions business has successfully integrated C4ISR technologies aboard every existing class of warship and submarine, building differentiated expertise in undersea warfare platforms and systems.

“VT Group is proud of its longstanding partnership with the U.S. Navy,” said John Hassoun, VT Group President and Chief Executive Officer. “This award showcases our growing portfolio of Fleet modernization capabilities and highlights the exceptional performance of our shipboard leaders and technicians. We look forward to continuing to provide NAVWAR with the deckplate innovations and engineering expertise they have come to expect from our team.”

The appearance of U.S. Department of Defense (DoD) visual information does not imply or constitute DoD endorsement.