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VTG Acquires Clear Cloud, Accelerating Intelligence Community-Focused Growth Strategy

Chantilly, Va. (June 10, 2024) – VTG, an industry-leading national security solutions provider, announced that it has acquired Clear Cloud, LLC, strengthening its digital transformation capabilities and accelerating its Intelligence Community-focused growth strategy. Based in Northern Virginia, Clear Cloud delivers software, cloud, and data engineering solutions and services to U.S. Intelligence Community customers and missions.

“We are excited to welcome Clear Cloud and its remarkably talented cadre of developers, engineers, and technologists to VTG,” said John Hassoun, VTG President and CEO. “The acquisition of Clear Cloud enables VTG to address emerging challenges to national security and highlights our commitment to investing in the software-oriented capabilities and expertise our Intelligence Community customers need most.”

Clear Cloud was founded in 2018 to provide innovative, secure, and scalable cloud solutions for enterprise-level and mission-critical national security programs. The Company’s customer-centric approach and differentiated expertise in custom Intelligence Community cloud environments have earned Clear Cloud a high-performance reputation for developing and deploying specialized applications, optimizing cloud operations, and ensuring mission success. Clear Cloud co-founder and CEO, Dr. Charles Thomas, Jr. said, “I am extremely excited for the Clear Cloud team. This milestone is a testament to their dedication and exceptional talent, and a direct reflection of the outstanding contributions of each team member. VTG shares our commitment to the pursuit of excellence and our passion for creativity and innovation. We are thrilled to enter the next phase of our journey with such a great partner.”

The acquisition of Clear Cloud underscores and accelerates VTG’s software-oriented Intelligence Community growth strategy. It is VTG’s second acquisition since receiving a majority investment from private equity firm A&M Capital Partners in September 2023 and follows close on the heels of VTG’s April 2024 acquisition of digital transformation innovator Vana Solutions.

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VTG Awarded $130M Warfare Systems Engineering Prime Contract from Naval Sea Systems Command

CHANTILLY, Va., May 7, 2024 — VTG, an industry-leading provider of modernization and digital transformation solutions to Defense and Intelligence Community customers, announced today that it has been awarded a five-year $130 million prime contract to provide end-to-end engineering services, spectrum management, and test and evaluation support for Navy warfare, control, and C5I systems. The contract was awarded to VTG by the NAVSEA Integrated Warfare Systems Engineering Group (SEA 05H) with a Fleet-focused work scope that includes systems, subsystems, and sensors aboard surface ships, aircraft carriers, and unmanned/autonomous vehicles.

“VTG is proud to continue its longstanding support to NAVSEA and excited to partner with SEA05H in integrating the latest technologies and most advanced naval systems into the Fleet,” said John Hassoun, VTG president and CEO. “This marquee program goes a long way toward ensuring the US Navy deploys the most capable, lethal warships to overmatch near-peer adversaries and reinforces VTG’s position as the Navy’s go-to partner for warfare and C5I systems engineering.”

Since 2000, VTG’s engineers and technical professionals have provided SEA 05H with advanced warfare systems engineering, human systems integration, interoperability, and test and evaluation engineering for the Navy’s manned and unmanned surface fleet. The Company has played an instrumental role in the success of the Navy’s Strike Force Interoperability program, including its C5 Integration Modernization Process and Warfare System Certification programs.

VTG provides the Navy’s systems commands, as well as the office of Naval Research and Strategic Systems Programs, with prime contract solutions and services and thought leadership in emerging Navy programs. Its robust portfolio of capabilities ranges from systems engineering, integration, and production of C5ISR systems to the design, development, and delivery of software-defined technologies for tomorrow’s naval warfighter.

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VTG Enhances Digital Transformation and Cloud Capabilities with Acquisition of Vana Solutions

Chantilly, Va. (April 25, 2024) – VTG, an industry-leading national security solutions provider, announced today that it has acquired Vana Solutions, LLC, a Dayton, Ohio-based digital transformation innovator. Vana provides end-to-end digital transformation expertise combined with cutting-edge technologies to deliver secure cloud environments, data fabric solutions, and advanced analytics for mission-critical national security programs.  

“I am pleased to welcome the Vana team to VTG,” said John Hassoun, VTG President and CEO. “Vana is a perfect cultural and strategic fit. It adds deep digital domain expertise, bolsters our portfolio of differentiated technologies, and expands our market presence to the U.S. Air Force – especially to the key commands headquartered or operating from Wright-Patterson Air Force Base.”

Founded in 2005 by Srujal Sheth and Sunit Sheth, Vana’s highly skilled, highly technical professional workforce has earned a reputation for best-in-class innovation in the digital space by leveraging its proprietary technology solutions – epicAgile, vKesi, TurboKT, and vIOLA – to solve complex national security challenges, primarily for U.S. Air Force missions and programs. Vana CEO Srujal Sheth said, “I am so proud of our remarkable team – Vana’s success is a testament to their exceptional talent, commitment to our customers, and collaborative spirit.” COO Sunit Sheth added, “VTG shares our passion for the mission and innovative culture. I’m excited about our partnership and for the next phase of our journey.”

The acquisition of Vana will enable VTG to offer a more extensive portfolio of digital transformation and cloud services, solutions, and technologies to a combined customer base that now spans the Defense enterprise and Intelligence Community. This acquisition is VTG’s first since receiving a majority investment from private equity investment firm A&M Capital Partners in September 2023.

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VTG Awarded $30M in Task Orders to Produce CANES Information Warfare Platform for U.S. Navy Destroyers

CHANTILLY, Va., Mar. 19, 2024 — VTG, an industry-leading provider of modernization and digital transformation solutions to Defense and Intelligence Community customers, announced today that it has been awarded three delivery orders valued at an estimated $10 million each to produce and integrate the Consolidated Afloat Network and Enterprise Services information warfare platform for six U.S. Navy Arleigh Burke class destroyers. This is VTG’s first task order under the $4.1 billion CANES Full Deployment indefinite delivery, indefinite quantity contract managed by PEO C4I and the Tactical Network Program Office (PMW 160).

“CANES is the information warfare backbone of the Fleet and a critical-path capability for distributed maritime operations,” said John Hassoun, VTG president and CEO. “We’re excited to ramp-up CANES production manufacturing at our facility and proud to lead a coalition of industry partners and vendors in integrating this tactical network across the Fleet.”

CANES is the Navy’s program of record to consolidate surface ship and submarine C4ISR networks and infrastructure, providing a secure tactical afloat network for Naval and Joint Operations, and enabling the Navy to leverage open architecture designs and introduce the latest commercial-off-the-shelf technologies into naval systems. This new CANES FD task order award will involve the procurement and build-to-print integration of production units customized to meet the stringent requirement of modern naval operations, as well as all engineering services, logistics support, manufacture, assembly, and testing.

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VTG Awarded $80M Hypersonics Engineering Prime Contract from Navy Strategic Systems Programs

CHANTILLY, Va., Jan. 9, 2024 — VTG, an industry-leading provider of modernization and digital transformation solutions to Defense and Intelligence Community customers, announced today that it has been awarded a five-year $80 million prime contract to provide end-to-end engineering services for the Conventional Prompt Strike program, the Navy’s hypersonic strike capability. The U.S. Navy Strategic Systems Programs awarded the contract to VTG on a sole source basis.

The Defense Department has identified hypersonics as a critical technology vital to strengthening the United States military’s technological superiority and maintaining national security. CPS will provide the Navy with a hypersonic conventional weapon capable of precise, long-range strike against time critical and high value targets. The missile, which is comprised of a hypersonic glide body and a two-stage booster, will fly at speeds exceeding Mach 5 and be launched from both surface ships and submarines. The Navy is the lead designer for the common hypersonic missile that will be fielded by both the Navy and the Army. The Navy’s first CPS weapon system will be deployed aboard the Zumwalt-class destroyers followed by the Virginia-class attack submarines.

“For over two years, VTG has worked closely and collaboratively with Navy SSP, the CPS program office, and our industrial base partners to advance hypersonic technologies,” said John Hassoun, VTG president and CEO. “We’re proud to be a part of the Navy’s innovation ecosystem and excited to field this leap-ahead capability to the Fleet.”

VTG will provide the CPS Program Office, a division of SSP, with research and development expertise, advanced systems engineering, test planning and test engineering, integrated logistics, and a wide range of programmatic and technical services.

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VTG Awarded $40M Aegis Combat Systems Modernization Task Order from NSWC Port Hueneme

CHANTILLY, Va., Jan. 4, 2024 — VTG, an industry-leading provider of modernization and digital transformation solutions to Defense and Intelligence Community customers, announced today that it has been awarded a $40 million task order to provide Infrastructure-as-a-Service for the Navy’s Aegis Combat System. The company will perform the work through its Technical Insertion 16 prime contract with the Naval Surface Warfare Center Port Hueneme Division, a field activity of the Naval Sea Systems Command.

The TI16 program is the Navy’s enterprise approach to modernizing combat systems across the surface fleet, including all cruisers, destroyers, aircraft carriers, and amphibious ships. TI16 enables the Navy to introduce the latest commercial-off-the-shelf technologies and open architecture designs into its suite of advanced combat systems.

“VTG enjoys a strong partnership with NSWC Port Hueneme, the Navy’s center of excellence for warfare systems, and we’re excited to expand our scope of support to the Aegis modernization effort,” said John Hassoun, VTG president and CEO. “Aegis remains the combat systems workhorse of the surface fleet. Our growing team of fleet modernization experts are proud to field the solutions and technologies that protect our sailors from tomorrow’s threats.”

This is VTG’s second task order award supporting the Navy’s TI16 program. The company currently provides TI16 engineering services and lifecycle support to the NSWC-PHD Air Dominance Department. Under this new task order, VTG will install and integrate TI16 Infrastructure-as-a-Service equipment for the Digital Engineering Department, including all engineering services and logistics support, as well as manufacture, assembly, and testing.

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Leading National Security Solutions Provider VTG Receives Majority Investment from A&M Capital Partners

Chantilly, Va. (Sept. 19, 2023) – VTG, an industry-leading provider of modernization and digital transformation solutions to Defense and Intelligence Community customers, announced today that it has received a new majority investment from A&M Capital Partners.

“I have never been more enthusiastic or optimistic about VTG’s future,” said John Hassoun, VTG President and CEO. “This partnership with AMCP will accelerate VTG’s growth trajectory, allowing us to make investments in the emerging capabilities and technologies most needed by our customers, and providing our employees with tremendous new career opportunities.”

Tracing its earliest roots to 1866, VTG engineers solutions across all classes of naval warships and submarines, a diverse array of aircraft, and a comprehensive suite of C5ISR, combat and weapon systems. The Company also develops undersea and autonomous technologies for the U.S. Navy, and delivers digital solutions and specialized mission support to the U.S. Intelligence Community. VTG has been a portfolio company of The Jordan Company since 2012. TJC exited its ownership of VTG as part of this transaction.

“We are very excited about our partnership with VTG,” said Jack McCarthy, Managing Partner and Founder of A&M Capital. “The Company’s strong portfolio of long-tenured contracts supported by a highly experienced leadership team positions the business well for continued growth over the coming years.”

“We view VTG as a highly attractive platform with differentiated technical and delivery capabilities,” said Alex Nivelle, a Partner of A&M Capital. “VTG is well positioned for expansion across its Defense and Intelligence Community customer base, and we look forward to working with the management team to pursue a hybrid organic and acquisition-driven growth strategy.”

A&M Capital Partners was advised by Kirkland & Ellis LLP. VTG was advised by Baird, Citizens Capital Markets and Mayer Brown LLP.

 

About VTG

VTG delivers modernization and digital transformation solutions that expand America’s competitive advantage in the modern battlespace. Headquartered in Chantilly, Virginia, VTG provides full lifecycle engineering for naval, aerospace, network and digital requirements. Whether at sea, in the air, on land, or in cyberspace, VTG delivers Tomorrow’s Transformation Today. For more information, visit us at www.VTGdefense.com.

About A&M Capital Partners

A&M Capital Partners is Alvarez & Marsal Capital’s flagship investment strategy focused on middle-market control transactions in North America with total assets under management of $3.3 billion. A&M Capital Partners has a strong and referenceable track record of serving as a trusted partner to founders, corporates and management teams, providing the capital and strategic assistance required to take businesses to the next level of success. A&M Capital Partners invests in businesses across a wide range of sectors including Business Services, Industrials, Manufacturing, Food & Beverage, Healthcare, Consumer & Retail, Government Services, Financial Services and Energy Services.

About Alvarez & Marsal Capital

Alvarez & Marsal Capital is a multi-strategy private equity investment firm with over $4.8 billion in assets under management across six funds and four investment strategies. The firm is led by a highly experienced investment team, which is augmented by a strategic association with Alvarez & Marsal (“A&M”), one of the largest operationally-focused advisory firms in the world. Alvarez & Marsal Capital combines a focus on middle-market private equity investing, with deep operational expertise, industry knowledge and global corporate relationships, making Alvarez & Marsal Capital an attractive partner to management teams and business owners. Alvarez & Marsal Capital is headquartered in Greenwich, CT with offices in Los Angeles, CA and London, England. For more information, visit www.a-mcapital.com.

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VTG Awarded Prime Position on $4B Navy PEO C4I CANES Full Production Contract

Chantilly, Va., April 12, 2023 – VTG, an industry-leading provider of force modernization and digital transformation solutions, announced today that it has won a prime position on a multiple-award Department of the Navy contract for the production of the Consolidated Afloat Networks and Enterprise Services (CANES) information warfare platform. CANES is the Navy’s program of record to consolidate surface ship and submarine C4ISR networks and infrastructure. The indefinite delivery, indefinite quantity contract was awarded by PEO C4I and the Tactical Networks Program Office (PMW 160). It has a potential value of $4.1 billion over a ten-year period of performance.

“The deployment of CANES across the Fleet is critical to achieving distributed warfighting and decision superiority,” said John Hassoun, VTG president and CEO. “VTG has installed and integrated CANES aboard numerous warships and submarines since the program’s inception. We’re proud that the Navy is now asking VTG to also produce CANES, an important recognition of our robust and growing C4ISR modernization capabilities.”

CANES provides a secure tactical afloat network for Naval and Joint Operations. It leverages a common computing environment and mature cross-domain technologies, reducing network infrastructure footprint and costs, and increasing reliability, security, interoperability, and application hosting. PEO C4I will use the CANES Full Deployment Contract to procure build-to-print CANES production units, kits, modules, components, software, spares, and development items.

VTG provides comprehensive modernization services to the Navy. From design, development, and prototyping of emerging technologies to production, installation, integration, and sustainment of combat, weapon, and C4ISR systems, the Company performs full lifecycle engineering across an expansive portfolio of prime contracts with the Navy system commands.

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VTG Acquires Next Rev Technologies, LLC, Enhancing Multi-Cloud Software Development and Adding Intelligence Community Customers

CHANTILLY, Va., Nov. 15, 2022 — VTG, an industry-leading provider of force modernization and digital transformation solutions, is pleased to announce the acquisition of Next Rev Technologies, LLC., a trailblazer in cloud solutions and multi-cloud strategies for the U.S. Intelligence Community. Next Rev adds differentiated digital, software, and cyber expertise to VTG’s growing suite of technical capabilities, and greater depth in data science and advanced analytics.

“Next Rev adds valuable in-demand and highly complimentary capabilities along with exceptional new client relationships to VTG’s portfolio,” said John Hassoun, VTG President and CEO. “This acquisition is the next investment in our targeted growth strategy, and I’m excited to welcome the Next Rev team to VTG.”

Founded in 2016 by innovator and industry veteran Charles Griffin, the Next Rev team has earned a reputation within the intelligence community and among its industry partners for being nimble and creative “solutioneers” for some of the most mission-critical intelligence programs and on some of the most technically challenging problems. “Next Rev was founded on the principle of Going Beyond – for our customers, our teammates, and the mission,” said Griffin. “I’m proud of what the Next Rev team has accomplished for the intelligence community. With VTG, we’re going to take it to the next level. This is the perfect combination for our customers and the right home for our employees.”

VTG continues to execute on its strategy, building the preeminent mid-tier national security company. Next Rev represents VTG’s fifth acquisition since Hassoun took the helm in 2017. The company deepens VTG’s digital transformation capabilities required for its rapidly growing defense and intelligence community customer portfolio.

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VTG Awarded $20M Navy Combat Systems Modernization Task Order from NSWC Port Hueneme

CHANTILLY, Va., Jan. 10, 2022 — VTG, an industry-leading provider of force modernization and digital transformation solutions, announced today that it has been awarded a $20 million task order to modernize the Aegis Combat System through its Technical Insertion 16 Sustainment, Installation, Procurement, and Engineering Services contract with the Naval Surface Warfare Center Port Hueneme Division, a field activity of the Naval Sea Systems Command. The TI16 program is the Navy’s enterprise approach to modernizing combat systems across the surface fleet, including the Aegis Combat System, and supports all cruisers and destroyers, aircraft carriers and amphibious ships.

“Winning this competitive task order on the TI16 program is an important milestone for our team and another exciting opportunity to contribute our technical expertise to the Navy’s modernization efforts” said John Hassoun, VTG president and CEO. “The Aegis Combat System is vital to defending the Navy’s surface fleet and we look forward to leveraging our robust, full lifecycle engineering capabilities in further support of NSWC-PHD and NAVSEA.”

The company won a seat on the TI16 indefinite delivery, indefinite quantity contract in April. The program enables the Navy to introduce the latest commercial-off-the-shelf technologies and open architecture designs into Navy combat systems.

Through this task order, VTG will provide engineering and logistics support services to the Air Dominance Department in-service engineering agent mission. NSWC-PHD is the designated ISEA for the TI16 suite of equipment. The contract will provide engineering, technical services and materials required for the resolution of obsolescence, reliability and maintainability issues, production and rework, testing, evaluation and life cycle support functions. Included under the contract is also the limited manufacture, assembly and testing of developed TI16 solutions as well as associated engineering services, procurement and related products.

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