After two years of outperforming the broader stock market, federal information technology and professional services company stocks underperformed in 2009.
Five weeks after Dell Co. acquired Perot Systems Inc. in a transaction valued at approximately $3.9 billion, officials at Dell say the integration has gone smoothly with no turf wars and a new batch of contract opportunities.
Deltek Inc. has acquired mySBX, an online community that helps government contractors to rapidly identify opportunities, manage resources and expand their business. The financial terms were not reported.
Officials instrumental in the creation of the year-old federal task-order protest rule say the new regulation has caused few problems and resulted in only a small increase in the number of cases sent to the Government Accountability Office for adjudication.
A-T Solutions Inc. CEO Ken Falke will step down from that role to become the company’s chairman of the board effective Jan. 1. Chief Operating Officer Dennis Kelly will be promoted to president and CEO.
The big deal in November's information technology mergers and acquisition market was undeniably Hewlett-Packard Co.'s announcement that it plans to buy network equipment maker 3Com Corp. for $2.7 billion.
ICF International Inc. has closed its acquisition of Jacob & Sundstrom Inc., an information technology firm that specializes in cybersecurity and full-scope identity management services to federal civilian and defense agencies.
The top-performing companies are positioning themselves through targeted acquisitions in faster growing segments of the market, often with proprietary technologies.
Small businesses – including the majority of defense contractors – are capable and willing to lead the charge of job creation and economic recovery. We just need support, not accusations and more barriers.
NASA has opened up bidding for the first of five planned information technology services contracts that have been estimated to be worth more than $4 billion total.
Cisco Systems Inc. said today that it will respond expeditiously to a request for additional information from the Justice Department, part of the regulatory process regarding Cisco’s planned acquisition of Tandberg ASA.
ICF International Inc. has signed a definitive agreement to purchase Jacob & Sundstrom Inc., an information technology security firm that specializes in cybersecurity and identity management services to federal civilian and defense agencies.
The National Institutes of Health has released a draft RFP for a small business set-aside acquisition vehicle that will cover a broad array of IT services.
