In the wake of GTSI’s recent problems with the Small Business Administration and the resignation of its president and CEO, Scott Friedlander, the federal contractor posted a solid third quarter of 2010 with revenues up in all sales categories.
46 contractors will compete for task orders under the FBI’s eight-year, $30 billion Information Technology Supplies and Support Services contract, known as IT Triple S.
Industry insiders see a variety of lessons from GTSI's recent contracting troubles. What steps should both large and small companies take to make sure they steer clear of trouble?
GTSI entered an agreement with SBA Oct. 19 so it could stay in business. It cost the CEO his job. But what else did GTSI have to give up?
Scott Friedlander says he was on a personal mission to save the company, but resigned as the best way to make sure GTSI survived an SBA suspension.
Small Business Administration lifts GTSI's temporary suspension, but the company's executive suite pays a heavy toll.
The fight to clear its name is in the middle of a 30-day countdown as GTSI's suspension raises risks for the company, including possible debarment.
SBA’s suspension Friday of GTSI Inc. from winning new federal contracts raised questions and concerns within the contracting community -- and maybe a little fear.
Eyak Technologies LLC this morning withdrew its bid to purchase GTSI Inc. through a stock purchase deal.The move comes in the wake of a steep decline in GTSI stock Monday morning.
GTSI has been suspended from winning new government contracts but vows to defend itself against charges that it inappropriately received small-business contract dollars.
Eyak Technology increaed its bid by 50 cents to $7.50 a share, but GTSI says no once more.
A lawsuit filed in Delaware claims Eyak is violating its operating agreement by pursuing acquisition of GTSI.