General Dynamics Corp. is acquiring Fortress Technologies Inc., a provider of secure wireless networking equipment for the U.S. military and other government customers. The value of the cash deal was not announced.
Honeywell International Inc. has signed a definitive agreement to pay approximately $491 million to acquire EMS Technologies Inc., a provider of connectivity solutions for mobile networking, rugged mobile computers and satellite communications.
The Administrative Conference of the United States is considering a proposal that would require new federal acquisition language on certain types of federal contracts defined to be at special risk.
Paul Lemmo moves to vice president of business development for Lockheed’s Information Systems and Global Solutions and Thomas Oles will move up to vice president of strategy and business development for the company’s Electronic Systems business.
The Recovery Accountability and Transparency Board oversaw the spending and tracking of money from the 2010 economic stimulus law, and it impressed many people inside government and outside. Now, it's the model for the future.
Science Applications International Corp. has completed the sale of its operations focused on providing specialized IT services to oil and gas companies to Wipro Ltd., of India.
A House bill would shift the USASpending.gov website's functions to a new online database, along with more detailed reports from groups and companies that receive government money.
Several major U.S. technology giants are looking at Egypt as an IT outsourcing destination, pledging training and other support, including a $10 million investment.