Lockheed Martin Corp. and Siebel Systems Inc. are forming an alliance to pursue business opportunities in the federal information technology market.<br>
Qwest Communications International has been cleared to begin work on a $150 million telecommunications contract for federal agencies in the Salt Lake City area.<br>
IBM Corp. and Crunchy Technologies Inc. formed an alliance to sell and service technologies to make Web sites more accessible to people with disabilities.<br>
The United States, United Kingdom and Canada have combined political leadership with communications infrastructures to create the best environments for e-commerce in the world, according to a new study from consultant firm Booz Allen Hamilton.<br>
For a second year, federal government computer systems received an overall failing grade for security as Rep. Steve Horn issued his annual report card.<br>
The homeland security bill that the House passed last week includes provisions to streamline information-technology acquisition, a congressman says.<br>
Five of the planet's 10 fastest supercomputers are owned by the U.S. government, and two others reside at research centers that receive substantial federal support, according to new rankings.<br>
Electronic Data Systems Corp. won a $150 million contract extension from the Texas Health and Human Services Commission to provide claims administration services for the state's Medicaid program.<br>
Michael Capellas, the "self-proclaimed geek" picked to take over WorldCom Inc., said he plans to bring the troubled telecommunications carrier out of bankruptcy as soon as possible.<br>
<FONT SIZE=2>The sun has shone brightly during the past year on federal information technology and defense companies. Revenue growth, profit margins and public market valuations have grown significantly. More importantly, the evidence supporting a longer-term period of sunshine continues to accumulate. </FONT>
<FONT SIZE=2>Although their company boasted nearly $1 billion in annual revenue from commercial customers, executives at Perot Systems Corp. knew it would be difficult to build a government business from scratch. Companies trying to crack the federal market can expend considerable resources developing the right contacts, establishing customer relationships and getting the right clearances and procurement vehicles -- all of which can take a lot of time with no guarantee of success.</FONT>
CACI International Inc. won a 6-year, $42.5 million subcontract from General Dynamics Decision Systems to provide network services support for the U.S. Coast Guard National Distress and Response System Modernization Project.<br>
