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Deltek Unveils Transformative Innovations and Enhancements for Government Contractors

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2 years ago

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The latest features leverage the power of artificial intelligence to increase productivity and efficiency across the entire government contracting project lifecycle

HERNDON, Va., Aug. 22, 2024 /PRNewswire/ — Deltek, the leading global provider of software and solutions for project-based businesses, recently announced new enhancements to its purpose-built solutions for government contractors. These innovative features build upon Deltek’s decades of experience delivering project-based businesses the solutions they need to run their organizations. These include adding additional functionality to Deltek’s AI-powered business companion, Dela™, as well as several updates focused on addressing the unique requirements of aerospace and defense manufacturers.

Deltek announced new enhancements to its purpose-built solutions for government contractors.

Deltek Costpoint is the leading ERP software for government contractors, offering an all-in-one solution that connects project data and processes, automates tasks, incorporates AI, ensures compliance with government regulations, and delivers projects on time and on budget. Costpoint furthers its commitment to purposeful innovation and successful projects with its latest updates, including:

A Smarter Digital Assistant: Costpoint customers can have more in-depth conversations with the AI digital assistant, Ask Dela, with expanded capabilities that broaden the types of questions they can ask, improve responses, offer the ability to dig deeper by asking follow-up questions, and give access to chat history. This allows users to accomplish tasks more quickly without having to open related applications or create additional queries.Greater Convenience with the Costpoint App Integration for MS Teams: Costpoint has streamlined the experience so that users are able to enter time, submit and approve timesheets, and use Ask Dela without navigating away from Microsoft Teams. By meeting users where they are already working, this streamlined experience saves time and makes everyday tasks more efficient.Up-to-Date Compliance with Government Security Requirements: Deltek Costpoint GovCon Cloud Moderate has achieved FedRAMP Moderate Ready status, and Deltek is committed to helping government contractors stay compliant with all requirements – including the recently proposed updates to the DoD’s CMMC enforcement rules – to ensure they are able to win and maintain highly competitive contracts.Re-imagined Time and Expense: In addition to Costpoint’s Interactive email time submission feature, firms can increase productivity and visibility with a reimagined time and expense entry experience, giving them the ability to enter time within applications they’re already using. The new Quick Entry Expense Report makes it easier and quicker to enter expenses from one simplified screen.

Deltek is also incorporating Dela capabilities within its other solutions to provide greater efficiency and automation around the entire project lifecycle. Building on previous updates, GovWin IQ is rolling out its Smart Suite, which pairs analyst expertise and Dela’s AI-powered technology, so that government contractors can quickly and easily research and identify opportunities to win more contracts. These features allow users to rapidly glean answers to important questions and drill down into the data, leveraging the power of AI to make the best-informed decisions for business growth. Expanding on the power of Dela, additional features are also being released within the Deltek PM Compass and Deltek Talent Management solutions.

With a special focus on addressing the needs of the A&D manufacturing industry, other key product updates include the integration of Ask Dela within ProPricer and the release of Cost Volume Pro, a new product from ProPricer that streamlines proposal submission package creation and management. Deltek also recently released customer-requested enhancements for its quality assurance solution, TIP Technologies, as part of its commitment to improving the production process for manufacturers.

“We’re committed to purposeful innovation and comprehensive support for government contractors. The latest updates to Costpoint and our entire portfolio of modern solutions are built with their needs in mind,” said Warren Linscott, SVP and Chief Product Officer of Deltek. “With Ask Dela and other product innovations, Deltek is delivering on its commitment to being the leading technology partner for government contractors of all sizes. Dela will fundamentally change the usability of our solutions by helping customers gain insights into their projects while making their employees more efficient at executing tasks. This will help our customers deliver better projects while making their users happier and more productive than they have ever been.”

Deltek exhibited at the Department of the Navy Gold Coast event, held August 19-21 in San Diego, CA, demoing the latest Deltek products, including Costpoint. Learn more about Deltek’s innovation for government contractors.

About Deltek 
Better software means better projects. Deltek is the leading global provider of enterprise software and information solutions for project-based businesses. More than 30,000 organizations and millions of users in over 80 countries around the world rely on Deltek for superior levels of project intelligence, management and collaboration. Our industry-focused expertise powers project success by helping firms achieve performance that maximizes productivity and revenue. Learn more at www.deltek.com

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XLCS Partners advises Concurrent Utility Services on sale to UniTek Global Services

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53 minutes ago

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July 23, 2026

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NASHVILLE, Tenn., July 23, 2026 /PRNewswire/ — XLCS Partners, Inc., a leading middle market investment bank, is pleased to announce that it served as exclusive M&A advisor to Concurrent Utility Services LLC on its acquisition by UniTek Global Services, Inc., a portfolio company of New Mountain Finance Corporation (Nasdaq: NMFC) and its affiliates, and BTG Pactual Strategic Capital.

Headquartered in Miami, Florida, Concurrent is a licensed general and electrical contractor providing infrastructure development and maintenance services to electric utilities, telecom providers, and land developers throughout the Southeast United States. The company’s capabilities span overhead and underground utility construction, professional telecom services, emergency service restoration, in-building networks, environmental services, and data center development. Backed by a safety-first culture and an experienced workforce, Concurrent has built a strong regional platform and a reputation for quality across the markets it serves.

UniTek is a leading digital infrastructure services provider supporting the expansion of fiber and data center connectivity across the U.S. and Canada. With over 600 employees and 60 locations, UniTek delivers a full suite of infrastructure services. The acquisition of Concurrent accelerates UniTek’s Power Services Division, which launched in July 2025 to broaden the company’s maintenance, repair, upgrade, and new infrastructure development services for the power sector. Concurrent’s established Southeast footprint and power capabilities directly complement UniTek’s existing broadband and data center infrastructure platform, positioning the combined company to capitalize on growing demand for resilient, modernized power infrastructure. Concurrent will continue to operate under its established brand, maintaining uninterrupted service for its customers.

“Selling Concurrent was one of the biggest decisions of my career, and Anthony, Jay, and the XLCS team guided us through every step with professionalism and genuine care for our people,” said Steve Sarno, CEO of Concurrent. “They stayed fully engaged throughout, gave us honest and thoughtful advice, kept our best interests front and center, and delivered an outcome that exceeded our expectations. I would recommend them without hesitation to any owner considering a transaction.”

XLCS acted as the exclusive M&A advisor to Concurrent, and the transaction was led by Anthony Contaldo, Partner, and Jay Cremer, Vice President. The transaction was completed on July 1, 2026.

About XLCS Partners, Inc.

XLCS Partners is a leading global investment banking firm providing M&A advisory services. Visit www.xlcspartners.com for more information.

Media Contact: 
Kendra Span 
kspan@xlcspartners.com
615-379-7783

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SOURCE XLCS Partners, Inc.

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XLCS Partners advises Concurrent Utility Services on sale to UniTek Global Services

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53 minutes ago

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July 23, 2026

By

NASHVILLE, Tenn., July 23, 2026 /PRNewswire/ — XLCS Partners, Inc., a leading middle market investment bank, is pleased to announce that it served as exclusive M&A advisor to Concurrent Utility Services LLC on its acquisition by UniTek Global Services, Inc., a portfolio company of New Mountain Finance Corporation (Nasdaq: NMFC) and its affiliates, and BTG Pactual Strategic Capital.

Headquartered in Miami, Florida, Concurrent is a licensed general and electrical contractor providing infrastructure development and maintenance services to electric utilities, telecom providers, and land developers throughout the Southeast United States. The company’s capabilities span overhead and underground utility construction, professional telecom services, emergency service restoration, in-building networks, environmental services, and data center development. Backed by a safety-first culture and an experienced workforce, Concurrent has built a strong regional platform and a reputation for quality across the markets it serves.

UniTek is a leading digital infrastructure services provider supporting the expansion of fiber and data center connectivity across the U.S. and Canada. With over 600 employees and 60 locations, UniTek delivers a full suite of infrastructure services. The acquisition of Concurrent accelerates UniTek’s Power Services Division, which launched in July 2025 to broaden the company’s maintenance, repair, upgrade, and new infrastructure development services for the power sector. Concurrent’s established Southeast footprint and power capabilities directly complement UniTek’s existing broadband and data center infrastructure platform, positioning the combined company to capitalize on growing demand for resilient, modernized power infrastructure. Concurrent will continue to operate under its established brand, maintaining uninterrupted service for its customers.

“Selling Concurrent was one of the biggest decisions of my career, and Anthony, Jay, and the XLCS team guided us through every step with professionalism and genuine care for our people,” said Steve Sarno, CEO of Concurrent. “They stayed fully engaged throughout, gave us honest and thoughtful advice, kept our best interests front and center, and delivered an outcome that exceeded our expectations. I would recommend them without hesitation to any owner considering a transaction.”

XLCS acted as the exclusive M&A advisor to Concurrent, and the transaction was led by Anthony Contaldo, Partner, and Jay Cremer, Vice President. The transaction was completed on July 1, 2026.

About XLCS Partners, Inc.

XLCS Partners is a leading global investment banking firm providing M&A advisory services. Visit www.xlcspartners.com for more information.

Media Contact: 
Kendra Span 
kspan@xlcspartners.com
615-379-7783

View original content to download multimedia:https://www.prnewswire.com/news-releases/xlcs-partners-advises-concurrent-utility-services-on-sale-to-unitek-global-services-302833542.html

SOURCE XLCS Partners, Inc.

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Fathom Applauds Introduction of the FRONTIER Act, the First Federal Blueprint for Independent AI Verification

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53 minutes ago

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July 23, 2026

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Reps. Lori Trahan (D-MA-03) and Jay Obernolte (R-CA-23) introduce a bill to build a competitive marketplace of independent verifiers for frontier AI models.

WASHINGTON, July 23, 2026 /PRNewswire/ — Fathom welcomes the introduction of the FRONTIER Act, the most complete federal framework yet for independent, third-party verification of frontier AI. The legislation is built to earn public trust as AI technology continues to accelerate. As frontier systems begin to take autonomous action in the world, the gap between what these models can do and our ability to keep them in check is widening. FRONTIER is the starting point to close that gap.

“AI governance keeps running into the same wall. The technology is hard to measure and it moves faster than any law can keep up with,” said Andrew Freedman, Co-Founder and CEO of Fathom. “Trying to write the perfect rules and freezing them in place won’t work. What will work is a competitive market of independent verifiers who are accountable for real-world outcomes and who the government can actually count on. The FRONTIER Act shows we can move fast and still get this right.”

The bill gets the fundamentals correct. It sets one public standard – the adequate mitigation of catastrophic risk – and holds both the AI companies and their independent verifiers accountable to it. FRONTIER does not freeze a single testing method into statute. Instead, it licenses competing verification organizations, allows them to sharpen their methods, and gives the government the power to revoke a license when a verifier’s work does not hold up in the field. That is how you build a system that keeps pace with the science instead of falling behind it.

Fathom thanks Reps. Trahan and Obernolte for their leadership, and for their courage in releasing a discussion draft, inviting scrutiny, and incorporating substantive improvements from across the field. One priority improvement as the bill advances: giving the government a fuller range of tools to act upstream – for pushing companies to close identified gaps in risk mitigation early, rather than only once a catastrophe is imminent. We are committed to working with these sponsors, committees of jurisdiction, and Congressional leadership to continue refining the bill in the weeks and months ahead.

About Fathom
Fathom is an independent nonprofit whose mission is to build a governance architecture that helps society navigate the transition to a world with AI by fostering trust, safety, and innovation. Fathom has developed and championed the independent verification model for AI and works with policymakers across the country to put it into practice. Learn more at http://fathom.org.

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SOURCE Fathom AI Inc.

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