Bill Loomis (email@example.com) is a managing director at Stifel Nicolaus. Opinions expressed are subject to change without notice and do not take into account the particular investment objectives, financial situation or needs of individual investors. For additional information and current disclosures for the companies discussed herein, go to the research page at www.stifel.com.
The fundamentals of the federal information technology industry remain intact, despite the volatility of stocks over the past couple of months. Investors are attracted to the industry because of its long-term contracts, earnings growth and strong cash flow, particularly in the current market.
<FONT SIZE=2>Lockheed Martin Corp. won a $123 million contract from the Pennsylvania State Police to provide systems integration for an incident information management system. </FONT>