Nortel to buy PEC

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.

Analex acquisition of ComGlobal Systems is done

Analex Corp. has completed its acquisition of ComGlobal Systems Inc. in a $47 million cash deal.

Defense programs lead Digital Government Awards

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.

Lockheed closes Sytex deal

Lockheed Martin Corp. finished its acquisition Thursday of IT services company the Sytex Group Inc. for $440 million in cash.

Gray Hawk wins Web services deal with Bureau of Engraving

Gray Hawk Systems won a five-year contract from the Bureau of Engraving and Printing to host and manage the agency's MoneyFactory.com Web site.

DRS sells off two units to focus on defense business

DRS Technologies Inc. is divesting its broadcast and weather system divisions as part of a strategy to concentrate on its core defense technology business.

Probe sought for no-bid ANC contracts

Leaders of the House Government Reform Committee want GAO to review agency awards of sole-source small business contracts to Alaska Native Corporations.

MTC acquires German division

MTC Technologies Inc. acquires the German operations of Eagle Support Services.

GD wins submarine work

General Dynamics Corp. won a $10 million Navy contract to supply seven photonics mast workstations for Virginia-class submarines.

ITS jumps into the M&A game

ITS Corp. has bought Charis Corp. of San Bernardino, Calif., the first of what company officials said will be a "wave of acquisitions."

IBM, SAP team up for social services market

SAP AG and IBM Corp. are joining forces to develop and market case management solutions for the global social services and social security market.

CSC, Veritas finalize DynCorp deal

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.

GSA releases Alliant strategy

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 makes $463M bid for Sytex Group

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.

SI finishes purchase of DHS contractor

SI International Inc. completed its $75 million acquisition of Shenandoah Electronic Intelligence Inc.

Pearson enrolled for student-aid work

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.

Home of the BIG deals

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.

CSC wins Navy test-range contract

Computer Sciences Corp. won a $762 million contract for operations and maintenance of the Navy's Atlantic Undersea Test and Evaluation Center.

SDB price break expires

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.

White House outlines veteran-owned business plan

Agencies have until Feb. 7 to give the White House their plans for how they will use small businesses owned by service-disabled veterans.