Defense firms thrive despite downturn

Raytheon Co. and L-3 Communications Holdings Inc. announced strong quarterly results this week.

Panel: Cybersecurity tops agencies' wish list

Analysts say federal contracting opportunities will remain strong for cybersecurity, health care and logistics solutions.

  • By David Hubler

Biometrics demand on the rise

Industry officials at a homeland security conference held Oct. 22 say the market opportunity for biometrics remains stronger than ever.

Strong companies stand to benefit from changes ahead

Federal IT and professional services stocks have been outperforming the broader stock market because investors are attracted to the relative stability of the industry.

  • By Bill Loomis

Troubled economy won't slow data projects

Data storage projects are one area that may be immune from the economic downturn, according to attendees at the Storage Networking World conference.

Input: Wall Street bailout could open new doors

The federal government's Wall Street bailout might create new opportunities for contractors to oversee the rescue effort.

  • By Alice Lipowicz

Venture capitalists' confidence drops sharply

The confidence level of venture capitalists has sunk to a new low, according to the latest survey of Silicon Valley venture capitalists.

Tech jobs up slightly in first half '08

An AeA survey finds the U.S. technology industry added 78,300 jobs between January and July of this year.

  • By David Hubler

SAP looks to cut costs in economic downturn

SAP has switched to a cost-cutting mode after announcing that its revenue for the quarter would fall short of its guidance.

SEC seeks to increase transparency

The SEC is planning to modernize its disclosure system under the agency's 21st Century Disclosure Initiative.

  • By Mary Mosquera

Gartner: IT hiring freezes, staffing cuts ahead

Information technology managers heard a parade of grim messages and recommendations about the Wall Street meltdown yesterday at Gartner's Symposium/ITxpo 2008 conference.

Internet companies feel economic pinch

Previously resilient to the woes of the troubled U.S. economy, Internet companies have finally succumbed to the downturn, the New York Times reports.

IBM posts strong numbers

IBM Corp. reported a robust preliminary quarterly profit Wednesday and will stand by its full-year outlook.

O'Neill to run Siemens, Gores Group venture

James O'Neill will run a new joint venture created by Siemens AG and the Gores Group.

  • By Nick Wakeman

Political, regulatory winds batter M&A

Companies with outsourcing and program management capabilities continue to serve as attractive acquisition targets.

  • By Rick Knop

Treasury seeks broader acquisition powers

A bailout plan for the nation's financial institutions is likely to include a provision giving the Treasury secretary the power to waive acquisition regulations.

Tech companies' share prices drop

The tech industry showed Monday it is not invulnerable to the economic slowdown as stock prices declined for a number of major companies.

Wall Street brain drain could benefit IT sector

Wall Street's instability might drive students who were bent on careers in the financial industry into the information technology field.

Five ways the financial crisis makes things tougher for contractors

It's not a pretty picture when recession, and even an economic depression, are discussed in polite conversation.

  • By Michael zz_Lent

Technology companies hit by Wall Street turmoil

Technology and information providers were dealt another blow this week with the bankruptcy of Lehman Brothers and the takeover of Merrill Lynch.

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