Industry executives and shareholders have been thinking a lot more about the implications of recent capital market trends on their business strategies, particularly their use of acquisitions and divestitures to achieve top-line growth, business focus and critical mass.
Industry executives and shareholders have been thinking a lot more about the implications of recent capital market trends on their business strategies, particularly their use of acquisitions and divestitures to achieve top-line growth, business focus and critical mass.
Lockheed Martin Corp. relied on Internet and electronic commerce solutions in its winning bid to modernize the Air Force's air, missile and space command and control systems.
With back-to-back purchases this month totaling $452 million, Northrop Grumman Corp.'s Logicon unit is marching rapidly toward its goal of $3 billion in annual revenue by 2006.
The advent of the Internet has profoundly influenced our lives, particularly from an investment standpoint. "Old economy" stocks in cyclical industries rapidly fell out of favor as investors abandoned these companies for faster-growing firms specializing in delivering goods and services through cyberspace.
The evidence is compelling that commercial and government technology markets will continue to converge, creating significant opportunities and predictable risks for public-sector technology providers.
There is no more paperwork piling up or waiting in line to use the computer for the sailors aboard the Navy's U.S.S. McFaul. Not since the Navy's Atlantic Fleet Surface Force reached an agreement with Aether Systems Inc. and Palm Inc. to purchase 150 hand-held devices that provide mobile computing capabilities to the ship's sailors.
In an effort to cut costs in the cutthroat government channel market, GTSI Corp., a business-to-government supplier of information technology products, has selected Tech Data Corp. as its primary distributor.
It has become essential for business owners and executives to revisit and re-examine their business strategy much more frequently than in the last century, way back in the 1990s.
As government agencies face more pressure from the public to be Internet-enabled, they are using business intelligence software for easy access to their massive, often mainframe-resident databases.
PictureTel Corp. has developed new videoconferencing technology that company officials hope will help snare more government business and turn the company's financial losses into profits.
Over the past month, most information technology services companies have reported second-quarter results generally in line with expectations. For the traditional IT services companies, however, these expectations had been guided lower in June or earlier in the quarter, when most of the traditional IT companies we track, including Electronic Data Systems Corp., Computer Sciences Corp., Unisys Corp. and smaller integrators, all indicated that revenue appeared to be below analysts' estimates.
Qwest Communications International Inc.'s newest CyberCenter is ramping up its Web hosting services for its first government customer, the U.S. Mint, a project that company officials hope will showcase the center's capabilities and snag more government business.
Both in the United States and around the world, government markets are gaining visibility and attracting the attention of successful businesses and sophisticated investors.
Beyond.com Corp. is elevating its one-time sideline government business to co-star status in an effort to stem its financial losses and bolster its sagging stock.
Jacada Ltd., a provider of e-business infrastructure software, is bringing its e-commerce expertise to the government market to help agencies connect their old computer systems and applications to the Web.
Over the next month, investors will focus on second-quarter earnings reports. For information technology services firms, it was expected to be a trouble-free quarter, with business rebounding in both government and commercial traditional IT spending following year 2000 lockdowns.
Lucent Technologies Inc. has selected a familiar face to become president of its spinoff company, a woman who intends to expand the new company's government business globally and cash in on e-government solutions.
The sale of Lockheed Martin Corp.'s state and local unit should be completed this summer, with the likely buyer being a private investment group, according to industry sources.