A federal court issued a stay Dec. 10, prohibiting the Pentagon from withholding payments on government contracts worth $2.3 billion from two major defense contractors.<br>
Northrop Grumman Corp. has reached agreement with the Justice Department on terms of a consent decree that should allow the company to soon close its $7.8 billion acquisition of TRW Inc.<br>
After Friday's search of software vendor Ptech Inc.'s headquarters, the Justice Department says the government does not have any reason to believe any federal systems have been compromised.<br>
Northrop Grumman and TRW, in discussions with the Justice Department over their proposed merger, believe an acceptable consent decree can be reached within the next several days.<br>
The Boeing Co. and General Dynamics Corp. both filed motions Dec. 3 with the U.S. Court of Claims to block a Pentagon move to withhold payments totaling $2.3 billion to the two companies on current government contracts.
General Dynamics has won a $45 million contract from the Naval Sea Systems Command for engineering support services and the low-rate initial production of an integrated air defense system.<br>
The General Services Administration will continue monitoring developments surrounding financially troubled WorldCom after the telecommunications company reached an initial settlement over a civil lawsuit filed by Securities and Exchange Commission.<br>
Information technology projects undertaken by the Immigration and Naturalization Service have not received needed oversight by the Justice Department, according to new General Accounting Office report.<br>
Lockheed Martin Corp. and Siebel Systems Inc. are forming an alliance to pursue business opportunities in the federal information technology market.<br>
Qwest Communications International has been cleared to begin work on a $150 million telecommunications contract for federal agencies in the Salt Lake City area.<br>
Some biometric technologies could be used effectively to help screen individuals at U.S. borders provided they are used with other screening techniques, a new General Accounting Office report says.<br>
<FONT SIZE=2>Federal government spending on information technology will total more than $74 billion in fiscal 2003, according to a forecast by an IT trade association.</FONT>
General Dynamics United Kingdom Ltd., a unit of General Dynamics Corp., won a contract as the preferred supplier to support a digital battle management system for the U.K. Ministry of Defence. The system, which could cost $450 million, will be used by British ground forces. Through this program, called the Digitization Battlespace Land-Combat, Infrastructure and Platform Battlefield Information Systems application, General Dynamics will integrate hardware and software into a common digital communications and situational-awareness system.
Harris Corp. and Lockheed Martin Corp., already dominant players in the global air traffic management industry, have entered an agreement to pursue opportunities together in the $5 billion global market for airspace management solutions. Don Antonucci, president of Lockheed Martin Air Traffic Management, and Bob Henry, president of Harris Government Communications Systems Division, each used a gold pen Nov. 6 to sign the agreement during a press conference at the 47th annual Air Traffic Control Association meeting.
WorldCom Inc. won a five-year contract from the Veterans Affairs Department's Canteen Services division as the preferred long-distance service provider for patient phones in 175 VA medical centers and clinics. Despite the financial scandal that drove WorldCom into bankruptcy earlier this year, the company continues to be one of the largest providers of telecommunications services to the federal government.
