Titan Corp.'s shareholders this month overwhelmingly approved a $2.2 billion takeover bid by Lockheed Martin Corp., but some analysts said Lockheed Martin might lower its offering price a second time to complete the deal.
Three companies have won two-year, $20 million contracts from NASA to design an advanced sensor for the National Oceanic and Atmospheric Administration.
CAE USA Inc. won a contract worth potentially $75 million to develop two tactical operational flight trainers and two weapons tactics trainers for the Navy.
Unisys Corp. has won a contract from the Defense Department's Finance and Accounting Service to provide desktop services worth a potential $83.5 million.
Neither the California State Treasurer's Office nor two of the state's largest pension funds has contacted CACI International Inc. to obtain information about its business in Iraq.
Lockheed Martin Corp. received a $30 million contract from the Air Force to increase the performance and memory of the B-52H bomber's mission computer.
Harris Corp. has signed a definitive agreement to acquire Orkand Corp., provider of technical services and information technology for federal agencies.
For years, the market for business systems tailored to government contractors has favored large companies that could afford elaborate and pricey systems to help them pursue, win and maintain federal contracts. And choices have been limited to one or two sellers dominating the market.
The telecommunications industry is once again in a state of flux. Still acclimating to the flood of competition unleashed by the 1996 Telecommunications Act and licking its wounds from a scandal-tainted 2000 market crash, the industry now must grapple with how best to deliver a wide variety of services over a changing network infrastructure.
The government must reallocate resources to state and local first responders based on threat assessments and population and compel the private sector to take measures to protect the country's critical infrastructure, two former U.S. senators said today.
