Computer Sciences Corp. stock rapidly rose just before markets opened today in New York when an industry analyst cited the company as an attractive takeover target for a private-equity company.
State and local governments are looking to IT investments to increase productivity in education, general government services and law enforcement/public safety during the next five years, the market research firm Input says.
Strong performances in the defense and intelligence businesses pushed CACI's fiscal fourth quarter and full fiscal year to revenue and earnings records.
SRA International Inc. reports that its revenue grew by more than 8 percent as its contract backlog and opportunity pipeline increased during the company's fiscal 2010.
Spurred by prime federal contracts, NCI’s revenues rose 17 percent in the second quarter of 2010 to $126.6 million compared to $108.5 million for the second quarter of 2009, the company reported August 4 at the close of business.
Northrop Grumman Corp.’s decision to buy rather than lease its new corporate headquarters in Falls Church, Va., wasn’t based primarily on that old real estate axiom "location, location, location." It was more likely accounting, accounting, accounting.
CGI Fairfax Corp. has again extended its cash tender offer to purchase all outstanding shares of common stock of Stanley Inc. for $37.50 per share in cash. The purchase price is expected to be approximately $1 billion.
Despite the completion of a major government contract, IFC, which ranked No. 99 in 2009, focused on its core capabilities and jumped to No. 66 on the Top 100.
SAIC reported first-quarter fiscal 2011 revenues of $2.69 billion, up 1 percent from $2.65 billion in the same quarter a year ago. Internal revenue growth contracted 1 percentage point for the quarter, the company reported at the close of business June 3.
