Public companies that provide federal IT services have continued to see their stock prices rise since mid-August, when most of the companies reported second-quarter results and issued outlooks that excited investors.
Commentary: Organizational conflicts of interest continue to be a hot topic in federal acquisition and a potential risk area for contractors. Federal courts have confirmed in two recent decisions the importance of following OCI rules.
DRS Technologies has received a $20 million task order for satellite-based Internet broadband service and VoIP from the Navy's Space and Naval Warfare Systems Center.
The Naval Sea Systems Command awarded contracts for developing advanced computer display consoles with a combined maximum value of $146 million to a unit of General Dynamics and to DRS C3 Systems.
The Information Technology Association of America and the Government Electronics and Information Technology Association are heading toward a merger in 2008.
A new era of private equity investment in the government market is just around the corner, David Rubenstein of the Carlyle Group told the Northern Virginia Technology Council.