Over the past year, federal IT service stocks are up by 18 percent, above the 9 percent from the S&P 500 and the 17 percent from commercial IT service companies. Looking to the future, as contract activity improves through the year, and mergers and acquisitions inevitably are announced, federal IT stocks may trade higher.
Eleven companies won spots on the IT Enterprise Solutions-2 Services program, which includes business process engineering, information systems security, information assurance, IT services, network support ?
Eleven companies won spots on the IT Enterprise Solutions-2 Services program, which includes business process engineering, information systems security, information assurance, IT services, network support ?
Public federal IT service companies in general reported third quarter 2005 results in line with their guidance ranges, but fourth quarter 2005 revenue guidance for most of those companies was lighter than most investors expected.
Look out ? with budgets recovering from years of hardship, and delayed projects getting back on track, the state and local government finance and administration market is expected to generate some substantial heat in 2006.
Washington Post business columnist Steven Pearlstein gives his take on why the rumored acquisition of Computer Sciences Corp. by Lockheed Martin Corp. isn't such a good thing.
NCI Information Systems Inc. of Reston, Va., makes its debut on Wall Street Monday. The company is the first federal IT company to go public in nearly two years.
Experts hailed Science Applications International Corp.'s plan to conduct an initial public offering and predicted the move will position the company for future acquisitions.
<font color="CC0000">UPDATED</font color> Science Applications International Corp. plans to shed its employee ownership model and conduct an initial public offering in 2006.
Some analysts and investors anticipate declining growth rates in the government services sector, with large budget deficits frequently cited as a barrier to continuing increases in defense and intelligence spending.
Science Applications International Corp. is considering changing its long-standing tradition of employee ownership and sponsoring an initial public offering to raise cash for acquisitions.
Sixty-eight percent of U.S. corporate IT executives said complying with the Sarbanes-Oxley Act of 2002 is having a major impact on their IT operations.
Thomas Sundling has been on both sides of deal making. As an executive at GTE Corp., he experienced that company's acquisition by General Dynamics Corp. While at GD, he helped engineer several deals ? including the blockbuster $1.5 billion acquisition of Veridian Corp. ? to help that company grow its IT business.
