The Northern Virginia Technology Council announced the election of eight officers to the board of directors as well as the appointment of six new board members by the incoming chairman.
BAE Systems Inc. will provide critical information security safeguards to the FBI under a $40 million task order awarded on the five-year, indefinite delivery, indefinite quantity Information Assurance Program Support contract vehicle, which is valued at $134 million.
Verizon Business will help the Health and Human Services Department implement the new health care reform law by providing a variety of IT services, under a new $169 million Networx Universal contract.
SRA International Inc. is selling its Airport Operations Solutions group to ITT Corp., a high-tech engineering and manufacturing company. Financial terms of the deal were not disclosed.
IBM Corp. is buying Netezza Corp., a publicly held provider of high-performance analytics, in a cash transaction for $27 per share or approximately $1.7 billion after adjusting for cash.
Safran, an international high-technology group whose core businesses are in aerospace, defense and security, is buying a scaled-down L-1 Identity Solutions Inc., after the sale of L-1’s intelligence units to BAE Systems Inc. The M&A deals are worth more than $1.6 billion.
Science Applications International Corp. will provide software development and technical services to the Securities and Exchange Commission under a three-year task order that has a total value of $10 million.
ICF International Inc. will underpin the Education Department’s Race to the Top national educational improvement program with technical support through a four-year, $38 million contract.
The board of directors of GTSI Corp. has again rejected an unsolicited takeover proposal by Eyak Technology LLC to acquire GTSI for $7.00 per share in cash. GTSI initially rejected the $7-a-share offer Aug. 30, two weeks after Eyak, an Alaska Native-owned small business, made the proposal.
Dynamics Research Corp. is providing medical program support to Walter Reed Army Medical Center under a new task order that has a total estimated value of $18 million.
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.
Hewlett Packard Co. is buying ArcSight Inc., a security and compliance management company, for $43.50 per share, or an enterprise value of $1.5 billion, HP announced today.
Computer Sciences Corp. stock rapidly rose just before markets opened today in New York when an industry analyst cited the company as an attractive takeover target for a private-equity company.
Computer Sciences Corp. will provide systems programming and engineering services to the Naval Surface Warfare Center-Dahlgren Division, Va.,under a two-year task order that has an estimated total value of $42 million.
