Press Releases

VTG Awarded NAVSEA Prime Contract to Expedite Delivery of Innovative Technologies to the Fleet

VTG, an industry-leading provider of force modernization and digital transformation solutions, announced that it has won a $27 million, full and open, single-award, prime contract to support the Naval Sea Systems Command in overseeing and executing its Small Business Innovation Research and Small Business Technology Transfer programs, and assisting in the expedient transition of SBIR and STTR technologies, products and services to the fleet.

“We are honored to support NAVSEA in harnessing the creativity, agility and entrepreneurial spirit of small businesses to deliver the highest-priority technology needs of the Navy,” said John Hassoun, VTG president and CEO. “We look forward to leveraging our expertise across the defense and intelligence sectors to increase small business participation in federally funded research and development, foster collaboration between small firms and nonprofit research institutions, and stimulate the exciting technological innovations that will transform our nation’s sea power and benefit our national economy.”

Under the five-year contract, VTG will provide program and project support services to the NAVSEA SBIR/STTR programs by defining focus areas, developing topics and identifying small business proposals and contractors to participate in the program. The company will also be responsible for supplying expertise and knowledge to assist the program manager in developing strategies and plans, as well as policies, processes and procedures to increase the quality, efficiency and effectiveness of the SBIR/STTR programs. The work will primarily be performed at the Washington Navy Yard.

The SBIR program originated in 1982 as the government’s primary mechanism for engaging small technology businesses in R&D. It was designed to spur technological innovation, help meet federal R&D needs, increase private sector commercialization of innovations resulting from federally funded investments and encourage participation by minority and disadvantaged persons. The Navy has taken part in the SBIR program since its inception and has developed the highest commercialization success rate in the Defense Department. Last September, NAVSEA SBIR/STTR received the prestigious DoD Vanguard award for recognition of its outstanding work in supporting the Navy’s goal to “rapidly and adaptively procure innovative technologies from small businesses.”

News Article

VTG’s CEO Shares Insights on GovCon M&A at Washington Technology Power Breakfast

Earlier today, VTG president and CEO John Hassoun shared insights on the evolving mergers and acquisitions landscape with the government contracting industry at Washington Technology’s Power Breakfast hosted by the media outlet’s editor Nick Wakeman. VTG, an industry-leading provider of force modernization and digital transformation solutions, completed its acquisition of intelligence solutions firm Intelligent Shift earlier this year.

 “Companies like VTG who are growing strategically to deliver transformational solutions to meet critical government customers’ missions have a unique opportunity right now to expand in the mid-tier,” said Hassoun. “Our recent acquisition of Intelligent Shift in January is a great example of this because it allowed us to add capabilities and customers to expand our support to the intelligence community.”

During the event, senior executives from leading companies described and discussed why M&A activities are so important in today’s market. This included topics on what makes for an attractive acquisition target, such as technical capabilities, customer sets and contract vehicles. They also touched on why culture comes up so often when discussing acquisitions.

The company VTG acquired, Intelligent Shift, is a rapidly growing firm delivering innovative technologies and digital solutions to the U.S. Intelligence Community. The acquisition continues to bolster VTG’s systems, software, and digital engineering capabilities, and expand the company’s presence in the national security market.

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VT Group Enhances C4ISR Modernization and Sustainment Solutions with Acquisition of National Technologies Associates, Inc. (NTA)

VT Group, a premier middle-market technology integrator and C4ISR solutions provider to the Federal government, is pleased to announce the acquisition of National Technologies Associates, Inc. (NTA), a Patuxent River, Maryland-based firm specializing in program management, engineering, and logistics services for military aviation platforms and systems.

Founded in 1981, NTA’s 300 employees provide research, development, test and evaluation (RDT&E) support and a full spectrum of mission-critical maintenance and sustainment services for fixed and rotary-wing, tilt-rotor, and unmanned aircraft. The acquisition of NTA positions VT Group as a key industry partner to the Defense Department on several high-priority initiatives, including the U.S. Navy’s Presidential Helicopter and V-22 Osprey programs.

“NTA shares the VT Group passion for engineering excellence and our commitment to meet the critical needs of the warfighter,” said John Hassoun, VT Group President and Chief Executive Officer. “This acquisition adds unique and differentiated expertise to VT Group’s aviation solutions portfolio. It will be a force-multiplier for our customers and a catalyst for further growth.” Chief Growth Officer Sunil Ramchand added, “The acquisition of NTA is another important step on our journey to become the industry leader in the C4ISR modernization and sustainment market.”

Advisors to VT Group for this transaction were Mayer Brown, LLP and Arena Strategic Advisors, LLC.