MHVC Acquisition Corp, a portfolio company of Veritas Capital, has appointed Stu Shea, as CEO. Shea is the former president and chief operating officer of Leidos. MHVC was formerly Harris Corp‘s government services business.
NEW YORK–(BUSINESS WIRE)–Veritas Capital, a leading private equity firm, announced today that it has named industry veteran, Stu Shea, Chief Executive Officer of MHVC Acquisition Corp. (“MHVC” or the “Company”). Veritas Capital acquired MHVC, formerly Harris Corporation’s Government Services business, in April 2017. MHVC is operating as a standalone company and will launch the new brand soon.
Ramzi Musallam, CEO and Managing Partner of Veritas Capital, said, “Stu has dedicated his life to serving our nation by aligning his passion for performance, leadership, mentoring, and community service to build capabilities that serve the United States. He brings tremendous enthusiasm and an exceptional thirty-year track record running high growth businesses in the intelligence, defense, aerospace and government services markets. We are excited to welcome him to the team and are confident that he will drive the Company’s growth and continue to provide innovative, reliable solutions to the nation’s most sensitive and mission critical programs and systems.”
Stu is the former President and Chief Operating Officer (COO) of Leidos, and was the principal architect in the creation of Leidos when he served as COO of SAIC. Prior to being named COO, Stu led SAIC’s support to the National Security Community as President, Intelligence, Surveillance and Reconnaissance Group.
Stu is also a founder of the United States Geospatial Intelligence Foundation (USGIF) and the highly acclaimed GEOINT Symposium. He serves on several industry, government, and academic advisory boards. Stu was a member of the Director of National Intelligence’s Senior Advisory Group (SAG) and in 2016, and was presented the Intelligence Community Seal Medallion by Director of National Intelligence James R. Clapper, Jr. for his service. He has also been the recipient of numerous awards for his leadership within the industry. Stu has a Master of Arts from the University of Kansas, a Bachelor of Science from State University of New York at Albany, and executive education at the University of Virginia, Harvard Business School, Wharton, and The George Washington University.
About MHVC Acquisition Corp.
MHVC, formerly Harris Corporation’s Government Services business, provides innovative, reliable solutions to the nation’s most sensitive and mission critical programs and systems. MHVC has significant experience providing highly differentiated secure communications, space, and technology solutions to key customers, and has become a key partner on missions that are critical to the security priorities of the United States. Capabilities include complex software and technology services & solutions, as well as end-to-end mission operations abilities, including Software Systems Development, Cyber, Modeling & Simulation, Mission Operations, Signal Intelligence (SIGINT), and Quick Reaction Capabilities (QRC) / Research & Development. The Company is headquartered in Herndon, VA, with approximately 3,500 employees across the U.S. and Canada.
About Veritas Capital
Veritas Capital is a leading private equity firm that invests in companies that provide critical products and services, primarily technology and technology-enabled solutions, to government and commercial customers worldwide, including those operating in the aerospace & defense, healthcare, technology, national security, communications, energy, and education industries. Veritas seeks to create value by strategically transforming the companies in which it invests through organic and inorganic means. For more information on Veritas Capital and its current and past investments, visit www.veritascapital.com.