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Italy’s Reply Acquires Federal Contractor FedTec
['Kristen Smith']
GovCon Wire
The buyer is an Italian company headquartered in Turin and listed on the Italian stock exchange.
Ramanjit Singh will continue as CEO, and the current leadership team stays with him.
Singh said the company is positioned to compete for larger and more complex federal programs as part of Reply.
“Our leadership team has created a strong federal technology company that is ready to scale across both the DoD and civilian markets,” he noted.
FedTec has supported federal civilian and defense customers for more than 20 years, working in enterprise applications, automation, data analytics and mission support alongside its core services.