ARLINGTON, VA (February 15, 2018)— Advanced Concepts and Technologies International, LLC (ACT I), an industry-leading provider of Total Acquisition Management and Foreign Military Sales solutions, continues its investment in high-quality executive talent with the addition of Mr. Mark Hughes as Chief Financial Officer (CFO). In this role, he will provide strategic planning, budgeting, and program oversight as well as evaluation of growth and merger-acquisition opportunities.
“ACT I is privileged to have Mark as our CFO. His commercial and government contracting, business and financial acumen make him an invaluable addition to assist ACT I in executing our strategic goals,” said Mr. Michael Niggel, ACT I Chief Executive Officer.
Mr. Hughes brings over 40 years of combined operational, acquisition, and financial military expertise coupled with C-Level experience for companies ranging from $10 million to $1.8 billion in annual revenue. Serving on multiple venture-backed technology and local company boards, Mr. Hughes supports strategic planning, operational evaluation, financial assessment, merger-acquisition, and integration activities. He continues to serve as a technical and business executive consultant to the Air Force and Intelligence Community on major space and fighter weapons systems having been part of numerous source selections, acquisition strategy planning phases, and independent program assessments.
Serving 24 years in the U.S. Air Force, Mr. Hughes had an array of assignments to include principal personal advisor to the Under Secretary of the Air Force; provided leadership and operational expertise at various command levels, initially as a tactical and training aircraft instructor pilot, academic instructor, and flight examiner; and led the development and acquisition of our nation’s most advanced aircraft and satellite systems.
As a retired Air Force Colonel, Mr. Hughes holds a Bachelor of Science degree from the U.S. Air Force Academy, a Master of Science degree in Management Science from the University of Dayton, and a Master of Science degree in National Security Strategy, concentrating on Information Operations and Strategy from the National War College.
About ACT I
ACT I is an ISO 9001:2015 certified small business delivering mission-critical Total Acquisition Management and Foreign Military Sales solutions to customers across the globe. We are retained by the U.S. Department of Defense, Department of Homeland Security and other Federal Agencies, and allied partners to support their most complex programs in the areas of Acquisition Strategy, Program Management, Engineering, Logistics, Financial Management, Security and Cyber, Contract Negotiation Support, and Security Cooperation and Assistance services. ACT I is a prime contractor on the following GSA and DoD IDIQ contracts: OASIS Small Business Pool 1, Professional Services Schedule, and Seaport-e. For more information, visit our website at www.act-i.com and follow us on Twitter @ACT_I_LLC.