Kratos Defense and Security Solutions Inc., a national security solutions provider based in San Diego, is acquiring Henry Bros. Electronics Inc. through the purchase of all outstanding shares of HBE stock at approximately $7 a share, equivalent to about $45 million in cash.
If GTSI is guilty of wrongdoing, then shouldn't SBA also investigate and suspend the other companies involved? That's the question on Editor Nick Wakeman's mind.
Former DOD CIO Dave Wennergren has been assigned as assistant deputy chief management officer, Office of the Deputy Secretary of Defense, Washington, D.C.
ITT Corp. has named Kenneth Hunzeker vice president of government relations for the company’s Defense and Information Solutions segment in McLean, Va. He will report to David Melcher, president of ITT Defense and Information Solutions.
SBA’s suspension Friday of GTSI Inc. from winning new federal contracts raised questions and concerns within the contracting community -- and maybe a little fear.
The Homeland Security Department is circulating a draft proposal to set up a voluntary certification program so that small businesses can demonstrate their preparedness by meeting national standards.
Government Accountability Office auditors find that half of the 50 largest assessments handed out by the Labor Department's Wage and Hour Division between fiscal 2005 and 2009 were charged to 20 federal contractors.
Computer Sciences Corp. has acquired Vulnerability Research Labs, a privately held cyber threat intelligence firm in Reston, Va. Financial terms were not disclosed.
Raytheon Co. has acquired Technology Associates Inc., a privately held provider of full life-cycle computer engineering to the U.S. intelligence community. Terms of the acquisition agreement were not disclosed.
Eyak Technologies LLC this morning withdrew its bid to purchase GTSI Inc. through a stock purchase deal.The move comes in the wake of a steep decline in GTSI stock Monday morning.
