The Bush administration wants federal agencies to increase their use of performance-based contracts, expand online procurement and perform more accurate FAIR Act inventories, according to a memo from the Office of Management and Budget.
DynCorp won a $3.9 million contract to administer and staff a new child support customer service center for the Nebraska Department of Health and Human Services.
Northrop Grumman Corp. has refiled the paperwork for its $5.1 billion acquisition of Litton Industries Inc. to give U.S. and European regulators more time to review the deal.
The bursting of the dot-com bubble in the government market has left a nagging question for many startup companies still in business: What's the best way to make a profit?
On its first day out of the gate, KPMG Consulting Inc. saw its share price rise 30 percent to close at $23.48 on heavy trading of its initial public offering of stock.
The government likely cannot adopt a completely commercial model for electronic procurement, and it probably shouldn't, according to Deidre Lee, director of procurement for the Department of Defense.
Alan Balutis has been named executive director and chief operating officer of the Federation of Government Information Processing Councils and its Industry Advisory Council.
Computer Sciences Corp. has won a pair of 10-year contracts to help U.S. embassies and consulates provide visa information and support services. The two contracts are worth $100 million.
Qwest Communications International Inc.has filed a protest with the General Services Administration, asking it to cancel the contract extensions it recently granted to AT&T Corp. and Sprint Communications Corp. for the FTS2000 contract.
Unisys Corp. of Blue Bell, Pa., has hired an investment banking firm to explore strategic alternatives for the company's Federal Systems division, which could include the sale of the unit or the making of acquisitions, the company said Dec. 7.
Congressional leaders have released $200 million for the Internal Revenue Service modernization efforts in fiscal year 2001, despite some earlier threats to withhold the funds.
