The Obama administration's fiscal 2012 budget proposal trims $1.1 trillion over 10 years, creating a tougher competitive environment for contractors, but many of the details are still lacking.
ManTech International Corp. has acquired TranTech Inc., an Alexandria, Va., provider of information technology, networking and cybersecurity services to the federal government. Financial terms of the acquisition were not disclosed.
EchoStar Corp. plans to buy broadband satellite network provider Hughes Communications Inc. in a deal worth around $2 billion, including the assumption of debt, according to media reports.
The new National Security Space Strategy outlines how the U.S. government will manage its space industrial base, defend its space assets and share space-based resources with allies.
SRA International Inc. today reported $434.8 million in revenue in the second quarter of fiscal 2011, which ended Dec. 31, 2010, for a 5.3 percent increase from $412.8 million in the December 2009 quarter.
CACI International Inc. racked up a record fiscal 2011 second quarter with net income of $33.2 million, an increase of 27.6 percent over the $26.1 million for the same period of fiscal 2010.
Unisys Corp. has added two new executives and assigned new roles to three others to bolster its senior Federal Systems management team and, more precisely, to target government sales.
The Navy's decision last week to reduce its IT infrastructure by freezing the purchase of servers and not building new data centers won't have an immediate -- or long term -- negative effect on the federal contracting community.
Raytheon Co. completed its acquisition of Applied Signal Technology Inc. when the tender offer for all outstanding shares expired at midnight, Friday, January 28, 2011, the company announced today.
The large government contractor Lockheed Martin saw profits in its Information Systems and Global Solutions fall due to weakened defense and intelligence sales.
