Sign In
Search
Business/Financial

Investment Consortium To Acquire Government Consulting Firm LMI

Cal Biesecker By
SHARE:
Investment Consortium To Acquire Government Consulting Firm LMI
Doug Wagoner, president and CEO of LMI. Photo: LMI

The government consulting firm LMI on Tuesday said it has agreed to sell its for-profit-subsidiary, which will retain the LMI name, to an investment consortium that will focus on positioning the company for growth. The deal is expected to be completed in the third quarter of 2022. After the sale closes, the remaining entity will rebrand as the non-profit NobleReach Foundation, which will focus on working with government, industry and academia to develop innovative approaches and thinking, and identify emerging…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.

Recommended

Business/Financial

Tax Benefit Boosts SAIC’s Income In Second Quarter But Sales Dip On Federal Contracting Challenges

Business/Financial

AIRO, Ukraine’s Nord Drone, Plan On Joint Venture To Scale Production, Increase Offerings

Business/Financial

Redwire Opens New Facility To Support Space-Based Defense

Business/Financial

AV Swings To Loss In First Quarter On BlueHalo Deal As Sales Soar

Trending

Investors Buoyant As Apex Raises $200 Million To Expand Satellite Bus Production Capacity
Redwire Opens New Facility To Support Space-Based Defense
Houses Passes FY ‘26 NDAA With $848 Billion Pentagon Topline, Major Acquisition Reforms
Tranche 1 Transport and Tracking Layer to Be Up and Running by 2027
Kelly and Cramer Found Senate Defense Modernization Caucus

Contract Updates

BAE Systems Space & Mission Systems Inc. (Boulder, Colorado) – $48,000,000

BAE Systems Space & Mission Systems Inc., Boulder, Colorado, was awarded a $48,000,000 firm-fixed-price contract for the study, design, development, enhancement, testing, and procurement of advanced communication-electronics technologies. Bids were solicited via the internet with one received. Work locations and…

Portus Stevedoring LLC (Jacksonville, Florida) – $8,292,583

Portus Stevedoring LLC, Jacksonville, Florida, is awarded a not-to-exceed $8,292,583 firm-fixed-price, indefinite-delivery/indefinite-quantity contract with a five-year ordering period for stevedoring and related terminal services. This contract provides for full range of stevedoring and related terminal services to include the receipt,…

Foster Miller doing business as QinetiQ North America (Waltham, Massachusetts) – $11,310,230

Foster Miller, doing business as QinetiQ North America, Waltham, Massachusetts, is awarded an $11,310,230 firm-fixed-price modification to a previously awarded indefinite-delivery/indefinite-quantity contract (N00174-21-D-0019) to exercise Option Year Four for production, engineering support, and post-production support of the MK 2 Man…

EnergySolutions Services Inc. (Oak Ridge, Tennessee) – $13,336,650

EnergySolutions Services Inc., Oak Ridge, Tennessee, is being awarded a $13,336,650 firm-fixed-price, indefinite-delivery/indefinite-quantity contract action (N42158-25-D-E001) for nuclear services for the processing, recycling and disposal of radiologic materials through disassembly, decontamination, metal melting, compaction, incineration, resin sluicing/dewater, bulk waste assay…

The Force Multipliers

Force Multipliers

Force Multipliers – Fred Taylor

Force Multipliers

Force Multipliers – Adam Maruyama

Force Multipliers

Chris Wilson – Qlik

Force Multipliers

Tim Solms – Slingshot Aerospace

Job Feed

Post a Job // Post a Resume