Can GTSI stay in business?

The fight to clear its name is in the middle of a 30-day countdown as GTSI's suspension raises risks for the company, including possible debarment.

No summer doldrums for Citizant’s fed contracts pursuit

Citizant Inc. won new government contracts that combined are worth approximately $42 million over the next five years, the company reported today.

Experts warn: Government ill-prepared for cyberattacks

An overwhelming percentage of security experts say cyberattacks against companies and government are increasing but neither group is properly equipped to protect itself, according to a cybersecurity survey released today.

San Diego security firm acquires HBE of New Jersey

Kratos Defense and Security Solutions Inc., a national security solutions provider based in San Diego, is acquiring Henry Bros. Electronics Inc. through the purchase of all outstanding shares of HBE stock at approximately $7 a share, equivalent to about $45 million in cash.

SBA mum on GTSI's alleged accomplices

If GTSI is guilty of wrongdoing, then shouldn't SBA also investigate and suspend the other companies involved? That's the question on Editor Nick Wakeman's mind.

Cybersecurity firms’ values soar as attacks increase

Strategic buyers are snapping up high-value cyber services and cyber technology companies.

GTSI suspension: a shot across the bow?

SBA’s suspension Friday of GTSI Inc. from winning new federal contracts raised questions and concerns within the contracting community -- and maybe a little fear.

CSC acquires cyber threat intelligence company

Computer Sciences Corp. has acquired Vulnerability Research Labs, a privately held cyber threat intelligence firm in Reston, Va. Financial terms were not disclosed.

Raytheon buys computer engineering firm

Raytheon Co. has acquired Technology Associates Inc., a privately held provider of full life-cycle computer engineering to the U.S. intelligence community. Terms of the acquisition agreement were not disclosed.

Eyak pulls back takeover bid for GTSI

Eyak Technologies LLC this morning withdrew its bid to purchase GTSI Inc. through a stock purchase deal.The move comes in the wake of a steep decline in GTSI stock Monday morning.

Why GTSI, and are others in SBA’s crosshairs?

Editor Nick Wakeman ponders the timing and the motivation behond SBA charges against GTSI that it improperly received small business contract dollars. Is GTSI a target for conducting business as usual?

EyakTek continues pursuit of GTSI

Eyak Technology increaed its bid by 50 cents to $7.50 a share, but GTSI says no once more.

Merger of small engineering firms expands government offerings

Commonwealth Technology Inc. has acquired QED Inc., a provider of specialized engineering services to the federal government based in Reston, Va. The purchase price was not reported.

Government still hot for M&A

Driven by a variety of events, strong merger and acquisition activity is expected for the balance of 2010 and well into 2011, writes Jean Stack at Houlihan Lokey.

GTSI suspended but vows to fight

GTSI has been suspended from winning new government contracts but vows to defend itself against charges that it inappropriately received small-business contract dollars.

ManTech buys QinetiQ NA’s security, intelligence business

ManTech International Corp. will purchase the assets of QinetiQ North America’s Security and Intelligence Solutions business for $60 million in cash.

Deltek makes $60M deal for Input

Cash deal allows Deltek to broaden offerings to contractors and move into new markets.

VT Group buys Evergreen Unmanned Systems

VT Group has acquired the Evergreen Unmanned Systems, a division of Evergreen International Aviation Inc. Financial terms of the transaction were not reported.

New law adds more requirements to small-business plans

President Obama has signed a law that puts pressure on primes to make good on small-business promises.

IBM sharpens network offerings by purchasing Blade

IBM Corp. is buying Blade Network Technologies, a private data-routing technology company. Financial terms were not reported.