ManTech International Corp. reported 43.7 percent growth in income from continuing operations and 12.8 percent growth in revenue for the company's second quarter.
The Office of Management and Budget has approved the $1 billion Transportation Security Administration contract award to Unisys Corp. for the company to build and maintain TSA's IT infrastructure. Approval from OMB came about 7:15 p.m. Aug. 13, TSA Chief Information Officer Patrick Schambach said at a Federal Sources Executive Breakfast Aug. 14. "I'm a happy man this morning," he said.
The Army selected Lockheed Martin Corp. and General Dynamics Corp. for the initial phases of its multibillion dollar Warfighter Information Network-Tactical program.
<FONT SIZE=2>General Dynamics Corp.'s aggressive moves to position itself as an information technology provider to the Defense Department are well known. But the company also has been quietly working to win more business with civilian agencies, especially by leveraging its engineering and network talents developed for defense customers.</FONT>
Science Applications International Corp. filed a protest with the General Accounting Office over the award of a five-year, $154.4 million Navy contract to Veridian Corp.
Tim Sheahan is president of the new Enforcement, Security and Intelligence Division, and Pat Ways is president of business development for the Federal Sector business unit.
Systems integrators could see a surge in outsourcing and large-scale information technology projects under proposed changes in how the states are allowed to spend federal funds earmarked for IT programs.
Wholly owned subsidiary Perot Systems Government Services Inc., formerly ADI Technology Corp,.won a 10-year, $392 million contract from the Naval Sea Systems Command.
Microsoft Corp. has reorganized its government operations so that U.S. federal, state and local and foreign government sales, marketing and consulting are all under one roof in Washington. The Microsoft Government group is headed by Pete Hayes, industry vice president, and employs some 1,000 people. U.S. government people report directly to Hayes; those outside of the United States have a dotted line to him.
The state of Georgia may be forced to find more bidders for its huge outsourcing communications project if troubled telecommunications and Internet services giant WorldCom Inc. cannot sustain its bid, according to state officials and industry observers. WorldCom is leading one of two teams pursuing the Georgia Convergent Communications Outsourcing, a 10-year deal worth $1.87 billion. The other team is led by Electronic Data Systems Corp.
The Canadian subsidiary of General Dynamics Corp., Falls Church, Va. has won a $128 million contract the to supply and integrate a new data management system for the Canadian Department of National Defence.
Veridian Corp.'s stock closed June 5 at $18.15 per share in its first day of trading on the New York Stock Exchange, up 13.44 percent from its initial public offering price of $16. The stock opened the day at $18. "We felt we had a very well-received offering and strong investor interest," said David Langstaff, president and chief executive officer, who rang the day's closing bell on the exchange.
