SAIC strips away its oil and gas IT businesses

Science Applications International Corp. will become a more narrowly focused company once it completes the sale of its specialized oil and gas industry IT services to Wipro Ltd. of Britain, the company announced today.

KEYW locks up purchase of cybersecurity provider

KEYW Corp. has made its 10th acquisition since its founding in 2008, acquiring JKA Technologies Inc., a privately held provider of cybersecurity solutions to the intelligence community.

Deltek makes $26M deal for FedSources

The company acquires the rival of its Input acquisition in a bid to broaden research and consulting capabilities.

The month that was

We round up some of the important industry news from the month of March.

Deltek's FedSources deal opens new chapter in market research

The combination of Input and FedSources is seen as inevitable by some but could open opportunities for other market research firms.

Northrop Grumman scuttles its shipbuilding unit

Northrop Grumman Corp. today completed the spin-off of its Huntington Ingalls Industries Inc. subsidiary, which designs, builds, and maintains nuclear and non-nuclear ships for the Navy and Coast Guard.

Not playing games with process

Appian founder and CEO Matt Calkins has taken his love of strategic board games to build a winning business process management company that has been growing rapidly.

Cisco cloud buy expands its services

Cisco intends to buy software provider NewScale.

2010, the year of the big comeback for IT M&As

Merger and acquisition activity in the IT and communications sector made a strong recovery in 2010, with more than 1,900 M&A deals, a new IDC survey finds.

Don't let today's market frighten you

Current conditions in the federal market might scare some investors, but a long-term view shows the government is still a good bet.

SAIC to pursue bolder acquisition strategy, sell off a portion of its business

As contractors make moves to realign businesses with growing sectors, SAIC is selling off oil and gas IT service units and buoying its acquisition strategy.

FedStore adds senior VP for sales and marketing strategy

FedStore Corp. continues to revamp its executive team, hiring Jay Jabbari, a 22-year industry veteran, as senior vice president of sales. Jabbari will report directly to President Skip Trahern, who joined the IT services provider in mid-March.

HP expands services with purchase of analytics provider

Hewlett-Packard Co., in another step to expand its services beyond hardware sales, has acquired Vertica Systems Inc., a provider of real-time analytics. Financial terms were not reported.

Small-biz trio to vie for $495M in DOD task orders

Three D.C.-area small-business IT contractors will vie for task order work under a Defense Department contract that has a maximum value of $495 million.

5 M&A trends dominating the market

The conditions that made 2010 a stellar year for mergers and acquisitions promise to do the same for 2011.

FedStore hires industry veteran to run the shop

Skip Trahern, a 27-year industry veteran, is taking the reins as president of FedStore Corp.

Idaho contractor wins DOE contract to upgrade IT program

CRI Advantage Inc. will provide IT support services to the Energy Department Office of the Chief Financial Officer’s iManage Program under a five-year contract that could be worth as much as $36 million.

Harris buys government network telecom provider

Harris Corp. has acquired key infrastructure assets of Core180 Inc., a government telecom network integrator in Fairfax, Va. Financial terms were not reported.

20 hot defense contracts for 2011 and beyond

Our annual roundup of defense contracts includes 20 contracts with ceilings that total $161 billion. Which ones will you pursue?

The month that was

A roundup of the top contracting news and events of the last 30 days.