The Homeland Security Department awarded almost 41 percent of its prime contracts to small businesses between the department's creation March 1, 2003, and Sept. 30, 2003, the end of the fiscal year, according to the department's Office of Small and Disadvantaged Business Utilization. The annual federal goal for small-business prime contracting is 23 percent.
The proposed $2.2 billion merger of defense giants Lockheed Martin Corp. and Titan Corp. will depend on the outcome of a Justice Department inquiry into bribery allegations against Titan, the companies said.
Although still awaiting government approvals, CACI International is on track to complete its acquisition of the defense assets of American Management Systems next month, an executive says.
BAE Systems North America has agreed to acquire STI Government Systems, a division of Honolulu-based STI Industries Inc., for $27 million in cash, the company said. The deal is expected to close in 45 days.
The proposed $2.2-billion merger of defense IT giants Lockheed Martin Corp. and Titan Corp. has been thrown into jeopardy, with the deal now pending the outcome of a Justice Department inquiry into bribery allegations.
Titan Corp. shareholders will vote April 12 on whether to accept Lockheed Martin Corp.'s offer to buy the company, but allegations that Titan made illegal payments to foreign officials could still scuttle the deal.
The House Government Reform and Small Business committees have negotiated changes to several procurement provisions of legislation that reauthorizes the Small Business Administration, said Government Reform Chairman Rep. Tom Davis (R-Va.).
Imagine if the federal, state and local agencies tasked with protecting citizens could share information as easily as music pirates swap illegal recordings online. In the days surrounding New Year's 2004, they did.
"Without something like this, border crossing guards are no better than a bouncer at a bar," said Reed Stager, vice president for public policy at Tualatin, Ore.-based Digimarc Corp. His company makes IDMarc, a digital watermarking technology that has been adopted by six states to enhance driver's license security.
Government has made substantial progress in getting citizen services online, but greater effort will be needed if it is to catch the next wave of technology, the head of Accenture's government group said at FOSE in Washington last month.
The continuing strength in merger and acquisition activity in government IT and defense services must be viewed with a clear understanding that acquisitions are a strategic necessity.
For three days last month, tech companies took center stage at the 2004 FOSE trade show in Washington. They demonstrated products, discussed the government IT market and sought business partners for contract bids.
