Spadac Inc., a provider of predictive and geointelligence analysis solutions for government and industry, has acquired all intellectual property assets of Veratect Corp. Financial terms were not reported.
Walter Batson, co-founder, chairman and CEO of Camber Corp., has the set the company on course for $1 billion in annual revenue — and he wants to have fun doing it.
Unisys Corp. has completed the previously announced sale of its health information management business to Molina Healthcare Inc. for $135 million in cash, subject to adjustment, the company announced today.
CadenceQuest Inc. is spinning off its CadenceQuest Government Solutions unit into an independent company renamed Qlarion Inc. The new firm will continue to focus on providing business intelligence, data mining and data management solutions.
ManTech International Corp. saw first-quarter 2010 revenues climb to $587.6 million, a 31 percent gain from the $449.6 million in the first quarter of fiscal 2009, according to a company statement.
CACI International Inc. reported record net income of $26.7 million for fiscal third quarter of 2010, a 21.6 percent increase over the $22.0 million for the same period last year.
General Dynamics Corp. today reported overall first-quarter 2010 revenues of $7.75 billion, down from $8.26 million in first quarter 2009, or a 6.2 percent decline.
Spurred by a $27.5 million Defense Department contract and a Nuclear Regulatory Commission award worth $24 million, ATS Corp. revenue from civilian and defense contracts increased $1.3 million to $24.0 million, or 5.3 percent, for the first quarter ended March 31, 2010.
Northern Virginia will be the new corporate home of Northrop Grumman Corp., according to a joint announcement by Virginia Gov. Bob McDonnell and Wes Bush, Northrop chief executive officer and president.
Northrop Grumman Corp. will announce that it has chosen Northern Virginia as its new corporate headquarters, beating out Maryland and the District of Columbia, according to the Washington Business Journal, citing economic development sources involved in the negotiations.
Northrop Grumman Corp. has named Cheryl Janey vice president of communications for the company's Information Systems sector. She will be in charge of all sector communications and positioning activities, planning and implementing programs to support new business opportunities, and managing employee and executive communications.
Paul Strasser, former chief operating officer at Pragmatics Inc., has joined Dynamics Research Corp. as senior vice president of strategic development. He will report to Jim Regan, DRC's president and chief executive officer.
The U.S. military’s desire for more surveillance equipment and new ways to prepare soldiers for war drove positive first-quarter growth at Raytheon Co., reports Christopher Hinton at MarketWatch.
