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Veritas Capital
Veritas Capital Fund Management, L.L.C. is a New York–based private-equity firm founded in 1992 that invests in companies providing critical products and services, primarily technology-enabled products and services, to government and commercial customers worldwide. The firm's first fund closed in 1998. They closed an eighth flagship fund in 2022; in all, Veritas has approximately $45 billion of assets under management. Veritas is led by Ramzi Musallam, the firm's Chief Executive Officer and Managing Partner. In June 2024, Veritas Capital ranked 46th in Private Equity International's PEI 300 ranking among the world's largest private equity firms. History Veritas Capital was founded in 1992 and raised its first fund in 1998. The firm invested exclusively in companies that support the government, government-influenced markets, and commercial customers, specifically in certain sectors, such as aerospace, defense, communications, education, energy, government services, healthcare, ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose Stock, shares and related rights or obligations are not offered for public subscription or publicly negotiated in their respective listed markets. Instead, the Private equity, company's stock is offered, owned, traded or exchanged privately, also known as "over-the-counter (finance), over-the-counter". Related terms are unlisted organisation, unquoted company and private equity. Private companies are often less well-known than their public company, publicly traded counterparts but still have major importance in the world's economy. For example, in 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for $1.8 trillion in revenues and employed 6.2 million people, according to ''Forbes''. In general, all companies that are not owned by the government are classified as private enterprises. This definition encompasses both publ ...
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L3 Technologies
L3 Technologies, formerly L-3 Communications Holdings, was an American company that supplied command and control, communications, intelligence, surveillance and reconnaissance ( C3ISR) systems and products, avionics, ocean products, training devices and services, instrumentation, aerospace, and navigation products. Its customers included the Department of Defense, Department of Homeland Security, United States Intelligence Community, NASA, aerospace contractors, and commercial telecommunications and wireless customers. In 2019, it merged with Harris Corporation to form L3Harris Technologies. L3 was headquartered in Murray Hill, Manhattan, New York City. History L3 was formed as L-3 Communications in 1997 to acquire certain business units from Lockheed Martin that had previously been part of Loral Corporation. These units had belonged to Lockheed Corporation and Martin Marietta, which had merged three years before in 1993. The company was founded by (and named for) Frank Lanz ...
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PR Newswire
PR Newswire is a distributor of press releases headquartered in Chicago. The service was created in 1954 to allow companies to electronically send press releases to news organizations, using teleprinters at first. The founder, Herbert Muschel, operated the service from his house in Manhattan for approximately 15 years. The business was eventually sold to Western Union and then United Newspapers of London. In December 2015, Cision Inc. announced it would acquire the company. On January 1, 2021, Cision formally merged PR Newswire into the company. History PR Newswire was founded in March 1954 by Herbert Muschel, who ran the business from his town house in New York City for the first 15 years of its operation. The company used telecommunications lines and teleprinters owned by Western Union to distribute content to a dozen news organizations in New York. Its first customer was Trans World Airlines. In 1963, Muschel recruited David Steinberg of the New York Herald Tribune to ...
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Perspecta Inc
Perspecta was a directional motion picture sound system invented by the laboratories at Fine Sound Inc. in 1954. The company was founded by Mercury Records engineer C. Robert (Bob) Fine, husband of producer Wilma Cozart Fine. As opposed to magnetic stereophonic soundtracks available at the time, Perspecta's benefits were that it did not require a new sound head for the projector and thus was a cheaper alternative. Introduced as a "directional sound system" rather than a true stereophonic sound system, Perspecta did not use discretely recorded sound signals. Instead, three sub-audible tones at 30 Hz, 35 Hz, and 40 Hz are mixed appropriately and embedded in a monaural optical soundtrack, in addition to the audible sound. When run through a Perspecta integrator, depending on whenever each tone is present, the audio is fed into a left (30 Hz), center (35 Hz) and right (40 Hz) speaker. Unlike true stereophonic sound, which would be described as discret ...
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Northrop Grumman
Northrop Grumman Corporation is an American multinational Aerospace manufacturer, aerospace and Arms industry, defense company. With 97,000 employees and an annual revenue in excess of $40 billion, it is one of the world's largest Arms industry, weapons manufacturers and military technology providers. Formed in 1994 through Northrop Corporation's purchase of Grumman Aerospace, Northrop Grumman ranked as the List of defense contractors, third-largest defense contractor in the world as of 2022. The firm ranked on the 2022 Fortune 500, ''Fortune'' 500 list of America's largest corporations. Northrop Grumman and its industry partners have won the Collier Trophy nine times, most recently for the development and production of the James Webb Space Telescope, an Space telescope, orbiting observatory launched in 2021. Northrop Grumman leads the development of the Northrop Grumman B-21 Raider, B-21 Raider, a long-range, stealth aircraft, stealth strategic bomber that can drop conv ...
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Peraton
Peraton Inc. is a privately held American national security and technology company formed in 2017. It is headquartered in Reston, Virginia. Its service areas include space, intelligence, cyber, defense, homeland security, citizen security, and health. The company's applied research organization, Peraton Labs, is located in Basking Ridge, New Jersey. As of 2021 the company had more than 150 offices across the United States. Peraton then employed over 5,000 people in the D.C. area and approximately 18,000 worldwide. History Peraton was established and has grown due to acquisitions made by New York-based private-equity firm Veritas Capital. In 2017, Veritas acquired Harris Corporation's government IT services division and renamed it Peraton. In 2019, Peraton acquired Solers, Inc.; the terms of the acquisition were not disclosed. In 2021, Veritas acquired the federal IT and mission support business of Northrop Grumman for $3.4 billion. In May 2021, Perspecta (a 2018 merger of DXC ...
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Harris Corporation
Harris Corporation was an American technology company, defense contractor, and information technology service (economics), services provider that produced wireless equipment, tactical radios, electronic systems, night vision device, night vision equipment and both terrestrial and spaceborne antenna (radio), antennas for use in the government, defense, emergency service, and commercial sectors. They specialized in surveillance solutions, microwave weaponry, and electronic warfare. In 2019, it merged with L3 Technologies to form L3Harris Technologies. Headquartered in Melbourne, Florida, the company had approximately $7 billion of annual revenue. It was the largest private-sector employer in Brevard County, Florida (approximately 6,000). From 1988 to 1999, the company was the parent of Intersil, under the name Harris Semiconductor. In 2016, Harris was named one of the top hundred federal contractors by ''Defense News''. In January 2015, Wired Magazine, ''Wired'' Magazine ranked ...
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Vencore
Vencore, Inc. was a private defense contractor that serves the U.S. Intelligence Community, Department of Defense and other agencies. From 2010 to 2014, the company was named The SI Organization, Inc. (the SI). The SI provided full life cycle, mission-focused systems engineering and integration capabilities, according to its corporate website. Major locations include Chantilly (VA), Basking Ridge (NJ), Denver (CO), Laurel (MD), Los Angeles (CA), Red Bank (NJ), St. Louis (MO), and Valley Forge (PA). The company employed approximately 2,000 people. It is now part of Peraton. History The SI was founded in 1972 in Valley Forge, Pennsylvania, as part of GE Aerospace, when a team of 60 engineers began providing systems engineering and integration services to the Intelligence Community. The System Integrator construct was conceived by the US Government to help implement a very large, complex, and expensive space-based national security program. Due to the success of the construct, the ...
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Lockheed Martin
The Lockheed Martin Corporation is an American Arms industry, defense and aerospace manufacturer with worldwide interests. It was formed by the merger of Lockheed Corporation with Martin Marietta on March 15, 1995. It is headquartered in North Bethesda, Maryland, United States. As of January 2022, Lockheed Martin employs approximately 121,000 employees worldwide, including about 60,000 engineers and scientists. Reports from 2024 estimate that Lockheed Martin Corporation (LMT) holds a market cap of around $139.7 billion. Lockheed Martin is one of the largest companies in the aerospace, military support, security, and technologies industry. It was the world's largest defense contractor by revenue for fiscal year 2014.POC Top 20 Defence Contractors of 2014
. Retrieved: July 2015
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CACI
CACI International Inc. (originally California Analysis Center, Inc., then Consolidated Analysis Center, Inc.) is an American multinational corporation, multinational professional services and information technology company headquartered in Northern Virginia. CACI provides services to many branches of the US federal government including United States Department of Defense, defense, homeland security, US intelligence, intelligence, and US healthcare, healthcare. CACI has approximately 23,000 employees worldwide. CACI is a member of the Fortune 1000 Largest Companies, the Russell 2000 index, and the S&P MidCap 400 Index. History 20th century CACI was founded by Herb Karr and Harry Markowitz, who left RAND Corporation in 1962 to commercialize the SIMSCRIPT simulation programming language. The company went public in 1968. "CACI", which was originally an acronym for "California Analysis Center, Incorporated", was changed to stand for "Consolidated Analysis Center, Incorporated" i ...
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Athena Innovative Solutions
CACI International Inc. (originally California Analysis Center, Inc., then Consolidated Analysis Center, Inc.) is an American multinational professional services and information technology company headquartered in Northern Virginia. CACI provides services to many branches of the US federal government including defense, homeland security, intelligence, and healthcare. CACI has approximately 23,000 employees worldwide. CACI is a member of the Fortune 1000 Largest Companies, the Russell 2000 index, and the S&P MidCap 400 Index. History 20th century CACI was founded by Herb Karr and Harry Markowitz, who left RAND Corporation in 1962 to commercialize the SIMSCRIPT simulation programming language. The company went public in 1968. "CACI", which was originally an acronym for "California Analysis Center, Incorporated", was changed to stand for "Consolidated Analysis Center, Incorporated" in 1967. In 1973, the acronym alone was adopted as the firm's official name; reflecting the nam ...
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Cerberus Capital Management
Cerberus Capital Management, L.P. is an American global alternative investment firm with assets across credit, private equity, and real estate strategies.Leaders Magazine"Providing Economic Opportunity: An Interview with The Honorable Dan Quayle, Chairman, Cerberus Global Investments, LLC". The firm is based in New York City, and run by Steve Feinberg, who co-founded Cerberus in 1992, with William L. Richter, who serves as a senior managing director. The firm has affiliate and advisory offices in the United States, Europe and Asia. Cerberus has around US$60 billion under management in funds and accounts. The company is a U.S. Securities and Exchange Commission Registered Investment Adviser. Investors include government and private sector pension and retirement funds, charitable foundations, university endowments, insurance companies, family savings and sovereign wealth funds. History Cerberus is named after the Greek mythological three-headed dog that guarded the gate ...
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