Customs and Border Protection paid $8 million in award fees to an Alaska Native firm on an improperly structured contract, said Homeland Security Inspector General Richard Skinner.
Management Services Group Inc. will provide software and hardware services to meet new Navy computer platform requirements under a contract worth $95 million.
The National Communications System was not prepared to manage procurements for the 2005 hurricane season, according to an audit released by the Homeland Security Department inspector general.
In filings with the Securities and Exchange Commission, EMC Corp. said that it is cooperating with a Justice Department investigation of fee arrangements the storage maker has with system integrators in the federal market.
With the national economy in a deep recession and the Obama administration putting billions of dollars into recovery and bailout programs, venture capital firms are simultaneously cautious about new investments and guardedly optimistic about the future.
