Industry day pending for Eagle II Small Business

The Homeland Security Department plans to hold an industry day in the next few months for the small business portion of its second-generation contract vehicle to obtain information technology support services.

  • By William Welsh

French firm buys most of GE homeland protection unit

French firm Safran is acquiring a major share of GE Security’s Homeland Protection business for $580 million.

  • By David Hubler

McCord named COO at 2020 Company

Robert McCord has been named chief operating officer at 2020 Company LLC. He replaces Mike Raymond, who will serve as the company’s chief strategy officer.

  • By David Hubler

Cash-rich defense companies are positioned to make deals

Large defense companies have access to more than $40 billion in cash and debt that they can use to replace revenue lost to budget cuts.

  • By Nick Wakeman

Court OKs Deloitte purchase of BearingPoint federal practice

Deloitte has received approval from the bankruptcy court to purchase the assets of BearingPoint’s North American Public Services practice.

  • By David Hubler

Oracle buys Sun Microsystems

Oracle will acquire Sun Microsystems in a stock transaction valued at approximately $7.4 billion.

  • By David Hubler

Tyco buy lays new roadmap for Harris

Communications equipment and services provider Harris Corp. is buying Tyco Electronics Wireless Systems for $675 million in cash.

  • By Sami Lais

Chertoff security firm hires Hayden, three others

Michael Hayden, a former CIA director, and three former DHS officials join The Chertoff Group security advisory firm.

  • By David Hubler

Harris acquires cybersecurity company

The acquisition of Crucial Security adds cybersecurity and computer forensic capabilities in the government market.

  • By Nick Wakeman

Sentel acquires intelligence firm

The company will extend its reach into more intelligence customers and capabilities.

  • By Nick Wakeman

SBA proposes HUBZone rule change

Regulators have proposed requiring HUBZone businesses to keep their status throughout the competition for a set-aside contract.

  • By Matthew Weigelt

Preferred Systems Solutions buys INS

Preferred Systems Solutions Inc. has acquired Integrated Network Services Inc., an information technology company specializing in mission critical systems and applications for the intelligence and defense communities.

  • By David Hubler

Entrust finds its suitor in Thoma Bravo

The private equity firm plans to buy encryption and public key infrastructure software maker.

  • By Nick Wakeman

Brit-based Cobham makes another U.S. play

The company is set to acquire Argotek, a supplier of information assurance services to U.S. intelligence agencies.

  • By Nick Wakeman

Qwest asset sale rumors go up in smoke

The rumored sale by Networx contract holder Qwest Communications International of its long-haul network is, as suggested by telecom analyst Warren Suss, “mere speculation.”

  • By Sami Lais

Nortel Networks might be divided for sale

Individual business units of Nortel Networks Corp., the Canadian telecommunications gear maker under Chapter 11 bankruptcy protection, are available for sale, the Financial Times reports.

  • By Sami Lais

IBM, Sun deal on the rocks

Rejection of lowered offer leads IBM to withdraw its bid.

Mills confirmed to head SBA

Karen Mills would help put SBA back on track to carry out its lending, technical assistance and entrepreneurship programs, a senator said.

  • By Mary Mosquera

Rumored Qwest sell-off could hit Networx biz

Telco could be selling its long-haul network to reduce its debt load.

  • By Sami Lais

Harris spins off wireless networks unit

Harris Corp. will proceed with its move to spin off its wireless transmission networks unit following the approval of the company’s board of directors.

  • By William Welsh
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