Charlie Katz, managing partner of Morrison & Foerster’s Northern Virginia office, was quoted in the Washington Business Journal’s article, “Contract to wed: What’s driving government contracting deals?” The article, published on December 1, 2017, discusses recent government contracts mergers and the top three reasons behind the M&A activity across the sector.
Charlie touched on how government contractors are using mergers to scale up their business, stating “the bigger you are, the more synergies you have. There’s only so much overhead you need. At a certain size, you can then start being able to compete more effectively on bigger deals. You have great performance history, so there’s opportunity to be more successful in the marketplace. You have more expertise in more areas, so as things come up you can bid more effectively.”
Click here to read the full Washington Business Journal article, reprinted with permission.