Merger and acquisition activity in the defense and government services markets remains robust, even as many domestic buyers have slowed their pace of buying because of stock price declines or tightening of debt and mezzanine markets.
Lockheed Martin Corp. and IntraLearn Software Corp. signed a teaming agreement to provide e-learning solutions for companies, higher education establishments and other organizations.
Titan Corp. is acquiring Datron Systems Inc., a provider of radio and satellite-based communications systems and broadband communications products for government and commercial markets.
A consortium led by Computer Sciences Corp. has won a five-year, $103 million outsourcing contract for information technology services to the Northern Territory Government in Australia.
Science Applications International Corp. reported its revenue for the first quarter of 2001 grew 16 percent over the same period last year, reaching $1.44 billion. The company attributed its results to continuing success in the government and commercial markets.
SAS Institute Inc. and BTG Inc. have formed a strategic alliance to deliver end-to-end business intelligence technology and consulting services to intelligence agencies, federal, state and local governments and primary and secondary schools, the companies announced June 14.
Companies that provide information security services are beginning to reap the benefits of a little-noticed cybersecurity law that took effect in November 2000 and is now exerting its influence over federal agencies throughout the government.
TRW Inc. plans to acquire Network Six Inc. for $5.3 million as part of a strategy to expand its human services expertise in the state and local government market, the company said June 7.
Just a month into their joint venture partnership, SRA International Inc. and Safeguard Scientific Inc. have begun spinning off commercially focused IT companies.
Corporate consolidation has been a defining feature of the federal market over the past 10 years. Over the same period, past performance has become a prominent evaluation factor in all negotiated procurements.
Government sales are holding their own for the largest information technology distributors ? and that's good news, given the softening of commercial market spending.
Accenture and the Florida Department of Business and Professional Regulation have developed a portal that eventually will enable more than 900,000 professionals and businesses to register and pay for licenses and permits over the Internet.
Over the past few years, many industry executives and shareholders, as well as government officials, have expressed concern about the increasing risk faced by smaller government information technology companies in the evolving federal procurement environment.