If GTSI is guilty of wrongdoing, then shouldn't SBA also investigate and suspend the other companies involved? That's the question on Editor Nick Wakeman's mind.
Computer Sciences Corp. has acquired Vulnerability Research Labs, a privately held cyber threat intelligence firm in Reston, Va. Financial terms were not disclosed.
Raytheon Co. has acquired Technology Associates Inc., a privately held provider of full life-cycle computer engineering to the U.S. intelligence community. Terms of the acquisition agreement were not disclosed.
Editor Nick Wakeman ponders the timing and the motivation behond SBA charges against GTSI that it improperly received small business contract dollars. Is GTSI a target for conducting business as usual?
Commonwealth Technology Inc. has acquired QED Inc., a provider of specialized engineering services to the federal government based in Reston, Va. The purchase price was not reported.
GTSI has been suspended from winning new government contracts but vows to defend itself against charges that it inappropriately received small-business contract dollars.
Eyak Technology LLC has made a new merger proposal to acquire all outstanding capital stock of GTSI Inc. for $7.00 a share in cash, the Alaska Native-owned small business announced today. The proposal represents a premium of 35.1 percent over GTSI’s closing market price on Friday.
Small Business Administration officials have proposed amending the agency's rules, and federal regulators are considering changes to governmentwide rules.
Regulatory councils increased the minimum amount at which a company must draw up a subcontracting plan, but small businesses may lose out on contracts.
John Hassoun has joined ATS Corp. as senior vice president of federal programs. He comes from Global Strategies Group, an international risk management services company in Dubai.
Acquisition Solutions Inc., a public-sector consulting company, has formally changed its name today to ASI Government to reflect its intention to specialize in performance management solutions for the government.
Small businesses won a record $96.8 billion in federal prime contracts in fiscal 2009, an increase of more than $3 billion from 2008, according to the Small Business Administration.
