KBR Inc. is stepping up its push into the federal and defense contracting arena with the formation of a Government, Defense and Infrastructure Business Group.
IBM Corp. is expanding its public-sector offerings to focus on analytic solutions to federal, state and local government organizations, as well as health care and education.
Although forecasting the federal market has become more complicated and more uncertain, the relative stability of both large and small contractors and their growth potential makes for sound investment.
Science Applications International Corp. has completed its acquisition of R.W. Beck Group Inc., a provider of engineering, energy and infrastructure consulting services.
Even though the trends for federal information technology and professional services firms look solid during the next few years, government spending pressures and the trend toward insourcing are giving investors reason to worry.
NCI Inc., a provider of information technology services to the federal government, has acquired TRS Consulting Inc., a provider of mission-critical software.
CGI Group Inc. will continue to help the financially strapped Commonwealth of Virginia process state purchases under a contract extension valued at $70 million.
Lockheed Martin has entered into a definitive agreement to acquire Gyrocam Systems LLC, a developer and supplier of gyro-stabilized optical surveillance systems for the military. The financial terms were not disclosed.
Ericsson Federal Inc. has hired six new executives to support its current government customer base and its plans to aggressively push further into the federal, state and local government markets.
SteelCloud Inc. has completed the sale of its computer integration business to NCS Technologies Inc. and will now concentrate on developing software for BlackBerry products.
ManTech International Corp. has established ManTech Cyber Solutions International Inc., which will build new tools and develop tactics that meet customer needs in the cyber field.
