VTG Strengthens Position with Acquisition of Miklos Systems
VTG, a prominent provider of national security solutions, is thrilled to announce its recent acquisition of Miklos Systems, Inc. (MSI), a highly regarded technology firm known for its expertise in software engineering. This transformative move comes as part of VTG's strategy to expand its digital transformation capabilities across the Intelligence Community.
MSI: A Leader in Software Development
Founded in 1993, Miklos Systems has built a strong reputation within the industry for its comprehensive software lifecycle development services, cybersecurity, data science, and systems engineering. The company serves mission-critical programs and has become a trusted partner to various entities within the Intelligence Community.
Employee Ownership and Culture
One of the unique attributes of MSI is its 100% employee-owned structure, which has been in place since 2015. This approach has fostered a culture of dedication and accountability, leading to the company being recognized as the ESOP Company of the Year in 2019 by The ESOP Association. The internal values at MSI include collaboration, integrity, and transparency, which align seamlessly with VTG's organizational ethos.
Strategic Benefits of the Acquisition
John Hassoun, President & CEO of VTG, shared his enthusiasm about the acquisition, stating, "Welcoming Miklos Systems to VTG marks another strategic milestone in our growth journey. MSI's culture of technical excellence, integrity, and employee empowerment mirrors our own values and vision. Together, we will strengthen our partnerships and deliver transformative outcomes for our customers across the Intelligence Community."
Looking Ahead
Roland Burdett, President of MSI, expressed excitement about the new chapter ahead. He stated, "All of the Employee-Owners of MSI are thrilled about joining VTG and are eager to collaborate on future opportunities. Together, we will enhance our offerings and create value for our clients."
This acquisition is a clear reflection of VTG's strategic vision to bolster its technical capabilities, particularly in sectors that demand high-impact solutions. It follows several other acquisitions, further establishing VTG's standing as a premier solutions provider for the Defense and Intelligence sectors.
The Vision of VTG
At the core of VTG’s operations is the dedication to providing modernization and digital transformation solutions to enhance America's competitive edge in defense. The company operates out of Chantilly, Virginia, and delivers full lifecycle engineering services that cover a range of requirements including naval, aerospace, and cybersecurity domains. VTG is committed to delivering "Tomorrow's Transformation Today" for its clients.
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Frequently Asked Questions
What is the significance of VTG acquiring Miklos Systems?
The acquisition will enhance VTG's technological capabilities and digital transformation efforts across the Intelligence Community.
When was Miklos Systems founded?
Miklos Systems was founded in 1993 and has built a reputation for delivering outstanding software solutions.
What is unique about Miklos Systems?
MSI is a 100% employee-owned company, fostering a culture of engagement and commitment through its ownership model.
What are VTG's core services?
VTG offers full lifecycle engineering services for naval, aerospace, and cybersecurity projects, promoting America’s defense capabilities.
How does this acquisition align with VTG's growth strategy?
This acquisition is part of VTG's strategic intent to deepen its technical expertise and expand in high-impact sectors.