Five years after emerging from bankruptcy-court protection and changing its business focus, Global Crossing Ltd. is now mulling over possible mergers and acquisitions.
The Small Business Administration has issued two new sets of rules: one governing set-asides of federal contracts for woman-owned small businesses and the other changing the requirements regarding which firms may certify their status as small disadvantaged businesses.
AVW Technologies Inc. was a one-man shop six years ago when Alion Science andTechnology Corp. tapped it for a Navy acquisition project. Now AVW, a veteran-owned small business based in Chesapeake, Va., has about 50 employees and handles a variety of testing, evaluation support and engineering management programs for Alion.
Recent turmoil in debt and equity markets highlights the contrast between federally oriented businesses and companies serving private-sector customers. It reminds us of the attractive, fundamental characteristics of the government services industry: stability, visibility, predictable cash flows and modest capital requirements.
Providing capabilities such as radio spectrum technology is key for small businesses that want to win DISA contracts, said speakers at an industry-sponsored event.
Federal Communications Commission Chairman Kevin J. Martin said Wednesday that the agency plans to vote on two key mergers involving wireless carriers next month.
Boeing has acquired Federated Software Group, a company whose engineering and software systems help track and distribute military equipment and personnel.
United Technologies Corp. yesterday withdrew its $2.63 billion offer to buy Diebold Inc. after receiving repeated 'refusals' by Diebold management to engage in discussions.
