The Government Accountability Office found numerous cases of fraud while investigating 14 firms that falsely received federal contracts under the pretext of being small and disadvantaged businesses.
CadenceQuest Inc. is spinning off its CadenceQuest Government Solutions unit into an independent company renamed Qlarion Inc. The new firm will continue to focus on providing business intelligence, data mining and data management solutions.
Alion Science and Technology Corp. will help the Coast Guard improve its human resources capabilities; ship engineering design; and command, control, communications, computers and information technology acquisitions under a five-year, $9.5 million contract.
A federal judge has ruled that small companies in HUBZones get preference over other small businesses, and so far, efforts to change the applicable law have failed.
ManTech International Corp. saw first-quarter 2010 revenues climb to $587.6 million, a 31 percent gain from the $449.6 million in the first quarter of fiscal 2009, according to a company statement.
CACI International Inc. reported record net income of $26.7 million for fiscal third quarter of 2010, a 21.6 percent increase over the $22.0 million for the same period last year.
Federal IT services firms are optimistic about business later in the year as contract award activity improves in areas such as cybersecurity, health IT and C4ISR.
GSA is dedicated to stimulating the economy through job creation, reducing the Federal government’s carbon footprint and increasing energy security, and ensuring that taxpayer dollars are spent wisely and transparently.