Nortel Networks Corp. is planning to buy PEC Solutions Inc. in a $448 million deal that will create a U.S. operation that the Canadian company will use to pursue government contracts for IT services and security.
A system to track emergency response and local traffic and a government official who brought the power of the Web to human resources are among the winners of the sixth annual Digital Government Awards, announced today at FOSE.
DRS Technologies Inc. is divesting its broadcast and weather system divisions as part of a strategy to concentrate on its core defense technology business.
Leaders of the House Government Reform Committee want GAO to review agency awards of sole-source small business contracts to Alaska Native Corporations.
Computer Sciences Corp. completed its $850 million divestiture of DynCorp International, DynMarine and selected DynCorp Technical Services contracts to Veritas Capital Inc. of New York.
The General Services Administration's strategy for its $65 billion Alliant acquisition will include two contracts: Alliant, open to all bidders, and Alliant Small Business, reserved for small-business bidders.
Lockheed Martin Corp. is planning to buy the Sytex Group Inc. for $462 million. Sytex offers IT solutions and technical support services to the Defense Department and other federal agencies.
Pearson Government Solutions has won a contract to support student financial aid programs that could grow to be worth $800 million if all the options are exercised.
The pace of merger and acquisition activity in the federal IT and defense technology sector established a new record in 2004 ? more than 100 announced transactions. This special report looks at the top 10 Big Impact deals, and presents a chronological list of every transaction in the government IT market.
The price adjustment of up to 10 percent that small, disadvantaged businesses could get on their bids to civilian agencies lapsed in December, but there is little hand wringing among small businesses.