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Arcfield Appoints Kevin Kelly as Chairman and CEO, Announces New Company Name

Arcfield launches today as the new company name of the CTFV Acquisition Corp., a portfolio company of The Veritas Capital Vantage Fund, L.P.

Chantilly, Va.—December 14, 2021—Arcfield today announced the appointment of Kevin Kelly, a 30-year defense and intelligence leader, as chief executive officer and chairman, effective immediately. Previously known as CTFV Acquisition Corp. (CTFV), Arcfield also revealed its new company name today. Arcfield is a portfolio company of The Veritas Capital Vantage Fund, L.P.

Composed of two sectors – space and intelligence, and defense and federal civilian – Arcfield develops mission-critical solutions addressing its customers’ most complex challenges. The company builds on a six-decade legacy of serving the defense and intelligence communities, with a deep portfolio of systems engineering and integration, C5ISR and digital transformation solutions in support of multi-domain, national security missions.

“The United States must maintain a consistent technological advantage over its adversaries,” said Kelly. “We believe that together with our customers, we can play a vital role in developing and integrating leading-edge technologies into key national security missions to help our country and its allies preserve its space and cyber superiority.”

“Additionally, as a valuable partner to the growing commercial space market, our team is currently evaluating technology investments to provide innovative solutions addressing critical market needs,” he said. “I am excited to take the helm at such an important time and am focused on driving growth through innovation. We look forward to continuing this critical work in support of national security initiatives.”

Prior to Arcfield, Kelly served as president of CACI International’s national security and innovative solutions sector, where he reorganized its high-tech business with the creation of a $2.1B sector focused on inventing, developing, and delivering advanced solutions to industry leading C5ISR and counter-UAV national programs. Prior to that, Kelly was at LGS Innovations for more than 22 years in several roles including chief strategy officer, chief operations officer, and eventually chief executive officer. As CEO, he led the sale of LGS to a private equity partner in 2014 and eventually to CACI in 2019.

About Arcfield

Arcfield is a leading provider of full lifecycle, mission-focused systems engineering and integration capabilities to the U.S. Intelligence Community, Department of Defense and other agencies. The company has more than 60 years of proven experience providing advanced engineering and analysis, IT and C5ISR capabilities to support our nation’s most critical national security missions. Headquartered in Chantilly, VA and with 16 offices around the world, Arcfield employs approximately 1,200 engineers, analysts, IT specialists, and other professionals who put our customers’ missions first, helping them solve their most complex challenges through innovations in modeling, simulation and analysis, digital transformation and C5ISR. For more information, visit

About Veritas Capital

Veritas is a longstanding technology investor with a focus on companies operating at the intersection of technology and government. The firm invests in companies that provide critical products, software, and services, primarily technology and technology-enabled solutions, to government and commercial customers worldwide. Veritas seeks to create value by strategically transforming the companies in which it invests through organic and inorganic means.

Leveraging technology to make a positive impact across vitally important areas, such as healthcare, education, and national security, is core to Veritas. We are proud stewards of national assets, improving the quality of healthcare while reducing cost, advancing our educational system, and protecting our nation and allies. For more information, visit


Press Contact

Eleazar Craig, Sage Communications (For Arcfield)

Sard Verbinnen & Co. (For Veritas Capital)
Jenny Gore / Julie Rudnick

Dec 14, 2021

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