A GAO report says 63 of the largest federal contractors are operating subsidiaries in offshore tax havens, and the Justice Department is concerned that the report could lead to a blacklist.
Four major federal government contractors have won Navy contracts to assist in the production of next-generation technology for detecting improvised explosive devices.
Though December is historically a slow month for mergers and acquisitions, Computer Sciences Corp. strategically double-dipped to capture Defense Department business locally and in Europe.
Boeing is protesting the award of a $1.1 billion contract for weather satellites to Lockheed Martin Corp. Meanwhile, Science Applications International Corp.’s nearly $100 million sale of nonintrusive inspection systems to the Army is proceeding apace.
John Gioia, founder and former chairman, president and chief executive officer of Robbins-Gioia Inc., died Dec. 26, 2008, at the age of 76. Friends and colleagues agree he left a legacy of innovative corporate leadership and a devotion to family, friends and charitable works.
Take your pick: the economy, the war or the budget. We all have plenty of things to worry about in 2009. But one of the encouraging aspects about working on this issue’s cover story is that a recurring theme of optimism kept creeping into people’s comments.
The Special Inspector General for Iraq Reconstruction issued a massive report in December, which concluded that the U.S. engagement in Iraq was marked, and to an extent doomed, from the beginning by an under-resourced and undermanned infrastructure.
Current wisdom suggests that the government services industry is safer and more predictable than the commercial space. However, the word around Washington is that the transition to a new presidential administration means few new opportunities in the near future and a slower government business pace.
Forecasting business and market performance is much harder these days. Federal information technology executives and investors seeking to set strategies and expectations have many more considerations than usual.
General Dynamics Corp. and Lockheed Martin Corp. have won contracts from the Navy to compete for nearly $200 million in research and development opportunities associated with information fusion.