Accenture LLP has completed its acquisition of Gestalt LLC, a private consulting company that provides mission-support services to the Defense Department.
The stock price of federal biometrics supplier Cogent Inc. is recovering after taking a dip Monday on media speculation that it may have been overvalued.
BAE to pay about $450 million to acquire MTC Technologies Inc., a provider of technical and professional services to the military and intelligence agencies.
Officials at Booz Allen Hamilton Inc. are considering selling off the company's lucrative government contracting business to concentrate on commercial consulting.
In a move that mimics the merger and acquisition activities of the companies they represent, the Professional Services Council and the Contract Services Association of America have combined into a single organization.
Accenture continues to expand its IT offerings with the acquisition of Corliant Inc., a privately held consulting firm that specializes in advanced IP networks.
Next year, the industry should continue to benefit from many of the positive factors from 2007, including significant liquidity available to strategic and financial buyers for acquisitions and greater competition for deals.
Harris Corp. has bought Zandar Technologies, a provider of high-quality, multi-image display processors for television broadcast and professional video markets.
Wyle Inc. is making a major move into the federal contracting arena with its announced intention to acquire government integrator RS Information Systems Inc.
