Tyson’s Corner, Virginia – August 21, 2025 – growth[period], a provider of business development and transaction advisory services worldwide, today announced that Lance Spencer has joined the firm’s executive leadership team as Principal, Federal, Aerospace & Defense. Based out of growth[period]’s Virginia office, he will advise clients in the defense, aerospace, cyber, and technology sectors on growth strategies, innovation initiatives, and market expansion.
“Lance’s record of achievement across both military and commercial leadership is unparalleled,” says Courtney B. Spaeth, CEO of growth[period]. “His ability to drive innovation, forge strategic alliances, and lead transformative initiatives in emerging technologies such as 5G and cyberspace operations will provide tremendous value to our clients as they navigate today’s competitive and rapidly evolving marketplace.”
Mr. Spencer is an award-winning corporate P&L and military leader with experience driving results through talent acquisition, strategic partnerships, and innovative solutions. He most recently served as Client Executive Vice President – Defense at AT&T Global Public Sector, where he reshaped the business into a market-defining leader, generating $1.5B+ in new sales. His accomplishments include launching the Air Force Enterprise IT as a Service programs, leading DoD’s 5G innovation efforts, and spearheading a consortium of 30+ global companies that secured a CHIPS Act grant to accelerate next-generation wireless networks.
Prior to AT&T, Mr. Spencer served 26 years in the United States Air Force, retiring as a Colonel. He held senior leadership roles at the Pentagon, the National Guard Bureau, and multiple Major Commands. Mr. Spencer has been inducted into the Air Force Cyberspace Hall of Fame and the AT&T Diamond Club (2019, top 1%). He earned a bachelor’s degree in Electrical Engineering from Tulane University, a master’s in Engineering from the University of Nebraska, and completed the Air War College.
About growth[period]
For more than 18 years, growth[period]’s management consulting, business development, strategy, and transaction advisory services have focused on serving the principal challenges faced by federal contractors and commercial businesses entering the federal marketplace. The firm is nationally recognized as a leading provider to growing and established clients seeking assistance to complete sophisticated corporate and technology transactions; manage entry into the federal government contracting industry; navigate the federal marketplace; represent them in partnering agreements; and advise them on diligence matters. With deep roots globally, growth[period] has more than 50 experts and offices in multiple markets across the United States, Canada, Latin America, Asia, and Europe. For more information, please visit www.growthprd.com.
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