Science Applications International Corp. has completed the acquisition of Cornerstone Industry Inc., a company that specializes in joint doctrine development.
Losing out on small business set-aside contracts and plunging headlong into the mid-tier market is not necessarily an attractive proposition for some small businesses, industry analysts said.
After factoring in $12 billion in miscoding errors, said Democrats on the House Small Business Committee, just 21.6 percent of all federal prime contracts in fiscal 2005 went to small businesses. ? and more briefs
Large federal businesses preying on weaknesses in the Small Business Administration's contracting programs to win work intended for small companies could face more robust requirements intended to aid small businesses.
With an eye toward building solutions based on service oriented architectures, IBM Corp. announced it plans to acquire MRO Software for about $740 million in an all-cash deal.
For the sixth year in a row, the federal government failed to meet its goal of awarding 23 percent of all federal prime contracts to small businesses, according to House Democrats.
A familiar regulation of the Small Business Administration allows a contractor that qualified as a small business at the time it won a contract to be considered small for the life of the contract. More than three years after SBA proposed to amend it, that regulation remains in force.
Assertions by the Small Business Administration's former adminstrator that the government surpassed its congressionally mandated goal of awarding 23 percent of federal prime contracts to small companies have come under sharp attack from congressional leaders, the SBA's inspector general and Government Accountability Office.
Satellite communications solutions provider Stratos Global Corp. has formed a separate, wholly owned company to serve federal and state government agencies.
