Two years ago, when Ed Casey, chairman and CEO of Serco, was interviewed for Washington Technology's Top 100 issue, he said he was positioning the company to become a $1 billion player in the government market. With its plan to buy SI International Inc., Serco jumped to $1.3 billion, but that is just the start.
Small and midsize government services companies need to grow, be acquired or be gone. Building a business development organization is a significant challenge but a crucial component of success.
Lockheed Martin Corp. has completed its purchase of RLM Holdings Pty. Ltd., a provider of radar, integration, systems engineering and logistics management services.
The government IT industry is not immune from the larger economy or political changes, but it is more isolated than many industry sectors. What does the mergers and acquisitions environment look like for our sector for the rest of 2008?