GTSI hits revenue record

<FONT SIZE=2>&#009;GTSI Corp., Chantilly, Va., announced record unaudited financial results for both its second quarter and the first half of its fiscal year that ended June 30. The results reflect record revenue, profitability on both an operating and net basis and a record backlog, company officials said. </FONT>

Contract Roundup

<b>BAE Systems</b> won a five-year, $51 million contract from the Army to provide logistical support and services to the Hawaii garrison. BAE Systems of Farnborough, U.K., will provide support in maintenance, transportation, supply and services for organizations attached to the Army Pacific and the Pacific Basin.

Lockheed nabs police work

<FONT SIZE=2>Lockheed Martin Corp. won a $123 million contract from the Pennsylvania State Police to provide systems integration for an incident information management system. </FONT>

Modern Technologies Corp. wins Air Force prototype contract

Modern Technologies Corp., Annapolis, Md., won a $17.9 Air Force million contract to develop prototype networks for fighter planes. The contract calls for the delivery of 20 "roll-on, beyond-line-of-sight enhancement," or ROBE, networks.

Unisys awaits final approval after winning $1 billion TSA prize

Unisys Corp. was selected Aug. 2 for the Transportation Security Administration's $1 billion information technology infrastructure project. But the Blue Bell, Pa., company isn't popping champagne corks yet.

CSC chalks up $47 million DOD e-learning contract

Computer Sciences Corp. has won a three-year, $47 million contract from the General Services Administration to provide integrated e-learning, knowledge management and information technology support to the Defense Acquisition University.

Northrop Grumman wins Australian military contract

Northrop Grumman Corp., Los Angeles, will develop part of the avionics system to allow the Royal Australian Navy Super Seasprite SH-2G(A) helicopter to perform its multi-mission role.

SAIC forms strategic relationship with OnStream Media

Science Applications International Corp. has entered into a strategic relationship with OnStream Media of Boca Raton, Fla., to provide customers with Web-based audio and video management services.

Harris lands $43 million Air Force communications contract

Harris Corp. announced July 26 it won a one-year contract worth $43 million to provide operations and maintenance services for the Air Force Satellite Control Network's communications functions at Schriever Air Force Base, Colo., and Onizuka Air Force Station, Calif.

Eye on the States: New winds blowing, IT companies must adjust their sails

Everywhere you turn, there are signs it's a new day in state and local government. Tax collections are failing to keep pace with state spending needs. Spending cutbacks are widespread. The governors, once again, are looking to the federal government for relief.

Infotech and the Law: Documents--Know when to hold 'em, when to destroy 'em

In the wake of the Enron scandal and the obstruction of justice verdict against Arthur Andersen, corporate conduct and compliance are coming under increasing scrutiny. Government contractors, such as WorldCom Inc. and Global Crossing Ltd., are having their contracts reviewed or have lost contracts because they have been found not to be responsible in light of financial and ethical problems.

Harris wins FTI contract

Harris Corp. scored a major coup last month, besting both Lockheed Martin Corp. and incumbent WorldCom Inc. to win the Federal Aviation Administration's multibillion-dollar telecommunications infrastructure project, called FTI.

Market Watch: Procurement policy changes could sink industry profits

The government services and defense industry is basking in the glow of positive investor sentiment. Growth in government spending, ongoing needs for technology infusion and refreshment, along with more rational, commercial-like procurement processes provide a sound basis for revenue growth and earnings visibility going forward.

Deloitte Consulting changes name to Braxton

Deloitte Consulting of New York will change its name to Braxton, the company announced July 18. The new name is drawn from a consulting firm Deloitte purchased in 1984 called Braxton Associates.

DRC wins prime spot for $34 Million worth of defense work

Dynamics Research Corp., Andover, Mass., has been selected to provide advisory support and assistance services to the Joint Surveillance Target Attack Radar System program office, the company announced July 11. The five-year contract is worth $34 million.

Boeing reorganizes to strengthen defense business

, The Boeing Co. is merging two of its business units to better integrate its solutions for Defense Department contracts, the Chicago-based company announced July 10.

Survival Guide: Perspectives from the field

When PwC Consulting announced it would change its name to "Monday" following its spinoff from PricewaterhouseCoopers, reaction was, to say the least, pronounced. Even in an industry rife with unconventional company names ? think Accenture, Verizon and even Unisys ? PwC's decision raised eyebrows.

Market Watch: Recovery in commercial IT market slower than expected

While the federal information technology service firms continue to do well, both in business and share price, the commercial companies are struggling to recover.

Boeing dons integrator cap

Long known for its aerospace capabilities, the Boeing Co. has quietly emerged as a leading systems integrator in the Army's effort to transform its soldiers into 21st century warfighters.

Microsoft reorganizes government unit

Microsoft Corp. has revamped its government operations so that U.S. federal, state and local and foreign government sales, marketing and consulting are all under one roof in Washington.