Accuvant creates federal unit to increase cyber sales

Accuvant Inc., an information security provider, has just launched Accuvant Federal Solutions, its cybersecurity business unit specifically for government clients. The Denver-based company currently protects more than 2.3 million government endpoints from malicious threats.

Government shutdown threatens small businesses

Because of their reliance on contracts and fewer cash reserves, small businesses face a high level of risk during a shutdown. What can they do to protect themselves?

TASC names new CEO

TASC CEO Wood Parker retires and the board names David Langstaff as CEO.

Finmeccanica prepares DRS unit for sale

Finmeccanica is looking to raise between $700 million and $800 million by selling assets from DRS Technologies, its U.S. unit.

GTEC acquired for $315M by private equity firm

Global Defense Technology and Systems acquisition by a private equity firm reinforces company's business strategy.

Salient closes two-for-one deal

Salient Federal Solutions Inc. acquires two companies in a single deal as it adds software development and cybersecurity offerings.

Mobile computing creates big opportunity for small business

Since announcing the formation of a public-sector practice less than two years ago, BoxTone has seen a threefold increase in its government sales and has racked up key contract wins with several federal agencies.

NCI will acquire CSC health care watchdog unit

NCI Inc. has signed a definitive agreement to purchase 100 percent of the stock of AdvanceMed Corp., one of the largest and most well-established health care integrity program contractors focused on the federal government market. NCI said additional financial and acquisition information would be disclosed at closing in April.

Evolving market conditions create opening for new investment bank

John Allen and Susan Gabay, formerly of BB&T Capital, launch Bluestone Capital Partners to serve the middle market.

HP changes partner program for marketing funds

Beginning May 1, partners will be required to log into HP's Business Planning Application, enter claims for each request, upload their proof-of-spend and submit claims, if they want to receive the requested market development funds.

Contracts, acquisitions spur ManTech's 4Q double-digit growth

ManTech International Corp. saw its fourth-quarter 2010 revenues reach $697.9 million, a 29 percent increase from $542.1 million in the fourth quarter of fiscal 2009.

Lockheed finds buyer for PAE business

Lockheed Martin finds private equity buyer for PAE unit as part of its divestiture plan.

Harris acquisition will expand its health care offerings

Harris Corp. has entered into a definitive agreement to acquire privately held Carefx Corp., a provider of interoperability health care workflow solutions based on its Fusionfx platform, for $155 million.

VA moves forward with $12B acquisition

The huge IT opportunity moves to the next round of competition as VA informs bidders who made the cut and who didn't.

BAE wraps up purchase of L-1 intelligence trio

BAE Systems Inc. has completed its acquisition of L-1 Identity Solutions Inc.’s Intelligence Services Group, which comprises SpecTal LLC, Advanced Concepts Inc. and McClendon LLC. The purchase price was approximately $297 million.

2012 budget feeds tougher competition

The Obama administration's fiscal 2012 budget proposal trims $1.1 trillion over 10 years, creating a tougher competitive environment for contractors, but many of the details are still lacking.

ManTech buys small business for ENCORE II access

ManTech International Corp. has acquired TranTech Inc., an Alexandria, Va., provider of information technology, networking and cybersecurity services to the federal government. Financial terms of the acquisition were not disclosed.

EchoStar set to pay $2 billion for Hughes Communications

EchoStar Corp. plans to buy broadband satellite network provider Hughes Communications Inc. in a deal worth around $2 billion, including the assumption of debt, according to media reports.

SBA to Alaska Native Corporations: Show us the money

Alaska Native Corporations soon will have to report to the Small Business Administration on how they have used their special set-aside government contract funds to help their communities back home.

Northrop Grumman has mixed fourth quarter

Sales in the company's information systems sector decreased while operating income rose compared to 2009.