McLean, Va., September 22, 2026 – B&A, a mission-critical technology and solutions provider to the federal government, announced today the completion of its acquisition of Intelligent Waves, LLC, headquartered in Reston, Virginia. The deal brings B&A a portfolio of cybersecurity, network and systems engineering, and data science capabilities serving the Department of War and Intelligence Community.

Founded in 2006, Intelligent Waves is a premier provider of mission-focused technology, systems engineering, advanced cybersecurity, and data intelligence solutions for the U.S. defense, intelligence, and civilian government communities. The Company designs, engineers, and integrates cutting-edge IT and cyber-hardened solutions that enable secure, rapid, and scalable mission capabilities. Its technologies and solutions are deployed in operational environments supporting critical national security missions worldwide. Intelligent Waves’ capabilities address the critical national security need for next-generation multi-domain modernization, contested-edge communications, and real-time decision advantage required to support complex federal and defense operations worldwide.

The acquisition represents an important step in B&A’s continued evolution into a broader, more integrated federal technology platform. Together, the combined organization will be better positioned to support customers with a wider range of mission-critical capabilities, deeper technical expertise, and stronger past performance across the federal market, with the full suite of Intelligent Waves’ proprietary technology differentiators becoming part of the B&A offering immediately. The Company’s innovative solutions portfolio includes patented secure mobile communications, covert managed attribution platforms, tactical edge computing, and sophisticated sensor telemetry and data analytics frameworks tailored for mission-critical operations. Intelligent Waves’ cutting-edge, proprietary technologies—including GRAYPATH®, Phantom™, and STRIKE—have been selected for highly visible, strategic programs across the Department of War, Special Operations Forces, and the Intelligence Community.

“Intelligent Waves brings an exceptional reputation, differentiated capabilities, and a mission-first culture that aligns strongly with B&A’s values and long-term strategy,” said Jonathan Evans, President and CEO of B&A. “This acquisition strengthens our ability to deliver secure, innovative, and scalable solutions to federal customers while expanding the depth of our talent, technology, and past performance. We are excited to welcome the Intelligent Waves team and build on the tremendous success they have achieved.”

As part of the combined company, Intelligent Waves will strengthen B&A’s ability to deliver integrated solutions across a broader customer base while preserving the customer focus, entrepreneurial culture, and mission commitment that have defined Intelligent Waves’ success.

“Intelligent Waves was built to solve difficult mission challenges and support the people who serve our country,” said Jared Shepard, Founder of Intelligent Waves. “Joining B&A creates an exciting opportunity to expand that mission, provide greater capability to our customers, and create new opportunities for our employees. I am proud of what the Intelligent Waves team has built, and I believe B&A is the right partner to carry that legacy forward.”

“This transaction is about bringing together complementary strengths,” Evans added. “By
combining B&A’s federal IT and mission support foundation with Intelligent Waves’ defense technology, secure communications, and operational expertise, we are creating a stronger platform for growth, innovation, and customer impact.”

About B&A
Headquartered in McLean, Virginia, B&A is a DFW Capital Partners portfolio company whose continued success is driven by the talent, dedication, and mission focus of its people. B&A delivers secure, innovative, and mission-critical IT solutions to support the United States Government across all three branches—Executive, Legislative, and Judiciary focused on National Security, Defense, and Intelligence. Our team of cleared professionals specializes in: Intelligence, Geospatial, & Full Spectrum Mission Analysis; Human Capital Management; Data Science & Analytics; Application Transformation; Engineering & Integrated Solutions; Cybersecurity; and Enterprise Content Management.

Visit the company website at www.bna-inc.com for more information.

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