Few things express as much confidence in the market as making the biggest deal in your company’s history, and that’s exactly what CACI International did when it signed an agreement to buy Six3 Systems for $820 million. CEO Ken Asbury explains the company's strategy.
As work at the Defense Department starts to pick up after most Pentagon civilians return to their offices, government contractors are feeling some relief, but the pain is continuing to grow as the shutdown continues.
So far, budget conditions this year have put a damper on merger and acquisition activity, but the slowdown in M&A is just a symptom of broader issues of uncertainty in today's federal marketplace.
Monday will likely be a busy day at Lockheed Martin as the company studies what Defense Sec. Chuck Hagel's decision to recall 350,000 workers impacts the company's decision to furlough 3,000 workers.
Lockheed Martin is sending 3,000 employees home as the impact the government shutdown grows. Other companies report similiar moves as they try to protect employees and profits.
Just three days after saying the $60 billion OASIS contract would move forward despite the government shutdown, the General Services Administration has reversed course and has postponed the proposal due date for the contract.
The government shutdown has nixed the Oct. 14 due date on the $20 billion NASA SEWP V contract, and a new date won't be set until the government reopens, whenever that is.
Allen-Vanguard International was tapped by the U.S. Navy to help the Polish Armed Forces and the Azerbaijan Navy train its personnel in bomb disposal techniques.
Fiscal 2013 closed with a flurry of contract awards, and some of those will be easy 'pickins for those looking to file bid protests once the government reopens.
EMC captures $210 million mainframe storage contract after the Social Security Administration concludes that moving to another technology would be too risky.
The Air Force is taking corrective action on the protests involving the $6.9 billion NetCents II Products contract, and all the bidders will end up with spots on the contract.
Susan Zeleniak has retired after a 39-year career in the public sector, 16 with Verizon. The company has named Michael Maiorana as the new senior vice president for public sector.
HP Enterprise Services has snagged a $102.8 identity management contract from the Homeland Security Department. The win includes managing 300,000 ID cards and the infrastructure needed to support them.
At one point, the Air Force sounded like it was ready to fight for its decision involving the $6.9 billion NetCents II Products contract, but that resolve might be fizzling as at least two of the eight protestors have been told to stand by for new award decisions.
The Homeland Security Department made 30 awards in the service delivery category of the $22 billion EAGLE contract, splitting the awards between unrestricted competitors and 8(a) small businesses. Who got their ticket punched?
Ten large businesses and two small businesses win spots on the Army's $4.1 billion contract to improve battlefield communications. Who has been picked to compete for satellite and transmission services?
