#ESOP

5 entries

Organizations (4)

Argent Trust Company Trustee of the Radiance Technologies employee stock ownership trust under an agreement dated September 5, 2017, and a defendant, with Argent Financial Group and Stephen A. Martin, in Berry v. Bailey.
Employee-Owned Contractors Roundtable Washington coalition of federal contractors organized as S corporations wholly owned through employee stock ownership plans, represented by Venn Strategies since 2017 and named as the source of the section 874 sole-source pilot.
Modern Technology Solutions Alexandria, Virginia defense and intelligence contractor founded in 1993 by two retired Air Force officers, 100 percent employee-owned since 2017, with NASIC NOVASTAR task orders and a 2026 order under the ESOP pilot.
Radiance Technologies Employee-owned Huntsville, Alabama defense contractor with National Air and Space Intelligence Center awards, employer of Jay Stratton and Travis Taylor from 2022, and named by Daniel Sheehan in December 2023.

DoD ESOP Pilot Program Pilot authority in the Fiscal Year 2022 defense authorization act, introduced as S.2402 by Warren and Tillis, for sole-source follow-on contracts to S corporations owned 100 percent through employee stock ownership plans.