SRA International Inc. has completed its $90 million acquisition of Platinum Solutions Inc., a privately held systems integrator and software developer.
Cubic Corp., a provider of defense systems, mission support services and transportation systems based in San Diego, will pay $124 million in cash to acquire Virginia-based Abraxas Corp.
In the wake of GTSI’s recent problems with the Small Business Administration and the resignation of its president and CEO, Scott Friedlander, the federal contractor posted a solid third quarter of 2010 with revenues up in all sales categories.
TechAmerica President and CEO Phil Bond today urged the upcoming lame duck session of the 111th Congress to take concerted action before adjournment on a range of unresolved IT issues.
The Government Withholding Relief Coalition, a group of 113 associations, is urging the lame-duck Congress to delay tackling the withholding tax change for two years, if it cannot simply repeal the measure.
The market for merger and acquisition transactions in the government contracting market seems poised for a strong finish in 2010, writes John Hagan at BB&T Capital Markets/Windsor Group.
Northrop Grumman Corp. and the University of Maryland Baltimore County Research Park Corp. have unveiled plans to create a new incubator that will focus on developing technology to protect against a growing range of cyber threats.
Harris Corp. will pay approximately $397.5 million to purchase Schlumberger GCS, a provider of global communication services to a wide range of customers in more than 50 countries.
Raytheon Co. has acquired Trusted Computer Solutions, a Herndon, Va., provider of cross-domain, operating system and network security solutions. Financial terms were not reported.
Global Defense Technology & Systems Inc. purchases Signature Government Solutions LLC, a provider of IT services and cybersecurity solutions, and a subsidiary of Signature Consultants LLC, $52.5 million in cash.
Kathleen Hines has joined Dell Services Federal Government Division as director of contracts and is responsible for leading all of Dell’s federal contract and procurement operations.
