HP to buy EDS for almost $14 billion

HP said it will establish a new business group to be branded EDS - an HP company; transaction would more than double HP's services revenue.

HP, EDS acquisition talks in progress

Companies confirming they are in advanced discussions regarding a possible business combination.

Trace builds IT base

Trace Systems LLC, a McLean, Va., systems integrator and technical services company, has acquired TCP Network Solutions Inc., of Eatontown, N.J.

Perot buys Original Solutions

Perot Systems Corp. has acquired Original Solutions Ltd., an IT services provider with government and corporate clients in Ireland and the United Kingdom.

Six to compete for FAST task orders

Six information technology companies have won the opportunity to compete for task orders available through the Agriculture Department's Farm Applications Services and Technology program.

Interior bureau seeks content management system

The Interior Department's Minerals Management Service wants a small business to provide a Web content management system.

Compiled Logic buys DTS

Municipalities are increasingly outsourcing the management of police-initiated and private automobile towing and tracking. As one indication of the growing market, two providers of such services announced a merger this week.

Prices hold firm for government M&A deals

Since 2004, the price-to-performance multiples of publiclytraded government technology services companies havetrended downward, while the valuations of mergers andacquisitions have held their ground. Is this rational,sustainable and likely to continue through this year and the next?

Army issues RFID solicitation

The Army Contracting Agency has issued a request for proposals for passive radio frequency identification devices that would support DOD, other agencies and global military operations.

SRA to buy Era

SRA International will acquire Era Corp., a provider of advanced surveillance technologies for air traffic management, airport operations, military and security markets.

12 small businesses win DISA IT deal

Part of Encore II, a multiple-award indefinite-delivery, indefinite-quantity contract for global network-centric services, the contract could total as much as $12.2 billion.

Lockheed swoops down on Eagle Group

Lockheed Martin is acquiring Eagle Group International LLC, a provider of logistics, IT, training and health care services to the Defense Department.

EADS snaps us PlantCML

European defense contractor EADS is expanding its North American reach with the purchase this week of PlantCML for $350 million.

Knop takes on new role at BB&T

Rick Knop will take on a new role supporting the international investment banking business at BB&T Capital Markets.

Bush administration opposes small-biz research bill

The SBIR/STTR Reauthorization Act would require agencies to set aside 3 percent of their outside research budgets or $650 million each year.

SAIC closes Icon Systems buy

The acquisition is intended to boost SAIC's live-training capabilities and enable the company to provide a more comprehensive array of offerings in those areas..

Raytheon buys SI Government Solutions

Raytheon has acquired SI Government Solutions, a provider of proprietary software security solutions to the U.S. intelligence community.

Newsbriefs

DHS will begin testing an International Registered Traveler program at three airports starting June 10 to expedite clearances for prescreened travelers.

Now comes Vangent

Name changes haven't stunted BPO provider's ability to win contracts.

Small business contracting: Read all about it

The House Homeland Security Committee has published its first online newsletter highlighting opportunities at DHS as a way to help small business contractors.