10 Companies Compete for $3 Billion Pie

Ten companies have won a chance to compete for a piece of the $3 billion Air Force Training Systems Acquisition II contract.

TRW Awarded $564 Million Missile Defense Deal

TRW Inc.won a seven-year, $564 million follow-on contract for Battle Management Command, Control and Communications products for the Ground-based Midcourse Defense Segment program by prime contractor Boeing.

IBM Wins U.K. Deal for Experimental Grid Network

IBM Corp. won a contract to provide key technologies and support for an experimental National Grid network initiative undertaken by the United Kingdom.

CSC, Veridian Team on Fed Digital Forensics Work

Computer Sciences Corp. and Veridian Inc. have entered into a teaming agreement to expand their offerings in the federal digital forensics market.

Anteon Sells Subsidiary to U.K. Firm

Anteon Corp. has sold its subsidiary Interactive Media Corp. to Form Inc., an affiliate of Pearson Publishing UK. Joseph Kampf, president and chief executive officer of Anteon, said the sale of the division furthered the company's concentration on its core market, the federal government.

ACS Extends Reach With Lockheed Unit Buy

With its planned purchase of Lockheed Martin IMS, Affiliated Computer Services Inc. moves from being a strong player in key state and local government niches to a broad-based integrator that can now reach big states and across large, complex projects.

Oracle Battles The Middleware

Middleware, Larry Ellison said, is a "nitwit idea." Ellison, Oracle Corp.'s chairman and chief executive officer, was referring to the software that links legacy and other database systems with more advanced Internet applications and computer systems.

BUSINESS IN BRIEF

A public-private job competition at Lackland Air Force Base in Texas was so riddled with errors that the Air Force should consider holding a new competition, the Pentagon inspector general has concluded.

MARKET WATCH

The concept of companies working together to deliver products or services isn't new. What's changing, however, is the nature and scope of corporate alliance arrangements, reflecting the explosion of this business tool across nearly all industry categories.

Small Investors Push Down CACI Stock

A spate of selling by small investors has pushed down CACI International Inc.'s stock from $44.04 a share July 19 to $34.90 July 24.

Informatica Starts Federal Unit

Informatica Inc., a maker of data analysis tools, is launching a federal unit, the company will announce July 23.

GD Lands $2.4B British Defense Deal

A unit of General Dynamics Corp. won a $2.4 billion contract to build the Bowman communications systems for the United Kingdom's Ministry of Defence, the company announced July 19.

Accenture Stock Makes Modest Debut

Accenture Ltd. raised $1.67 billion with its initial public offering of stock July 19, issuing 115 million shares priced at $14.50.

Sun, EDS Expect Joint Offerings to Generate $3 Billion

Electronic Data Systems Corp. and Sun Microsystems Inc. announced June 16 a program to jointly offer customers complementary, on-demand IT offerings.

FDIC to Test '3G' Wireless Technology

The Federal Deposit Insurance Corp. is preparing to test cutting-edge "third-generation" wireless technology that will make possible the high-speed transfer of data over mobile devices.

ACS Joins Elite With Purchase of SCT Unit

With the acquisition of SCT Corp.'s government unit, Affiliated Computer Services Inc. is positioning itself to compete with the top-tier integrators for large-scale outsourcing projects in the state and local government market.

MARKET SHARE

Once again in-vestors are focusing on earnings, with most companies reporting second quarter results over the next couple of weeks. I don't expect many surprises this quarter.

NativeMinds Finds AI Not Just a Movie Plot

When government agencies rushed to put information on the Web, little did they realize how ill-prepared they were to answer specific questions from Internet users.

Acquiring a Company Just Starts the Dance

Deb Alderson, if so inclined, could have scuttled Anteon Corp.'s 1998 acquisition of Techmatics Inc.

Hand-Held Makers Target Federal Market

Several leading manufacturers of wireless hand-held devices are launching initiatives to enter the federal market, banking on long-term success in a market still facing significant obstacles to widespread adoption.