Eyak Corp

30 win $3B Secret Service contract

Homeland Security Department hands out contracts for tactical communications equipment for its Secret Service office.

  • By Alysha Sideman

Fired Eyak exec pleads guilty to fraud

Harold Babb faces prison time and will forfeit cash, properties and a Porsche to the government.

  • By Matthew Weigelt

Eyak fires indicted exec; more pressure likely on ANC firms

Will the indictment of an employee of an Alaska Native Corporation bring changes to the ANC contracting program?

  • By Matthew Weigelt

Contractor implicated in bribery scheme

Executive with Eyak Technology faces bribery and kickback charges.

  • By Washington Technology staff

GTSI dumps stake in EyakTek

GTSI has sold its stake in Eyak Technology for $20 million.

  • By Washington Technology staff

SBA suspension, budget delays take toll on GTSI Q1 revenue

GTSI's first quarter gets a double whammy -- the lingering effects of its SBA suspension and the impact of budget delays.

  • By David Hubler

Contract management becomes top priority for White House

OMB's procurement policy chief is shifting the emphasis from the contract award process to managing contracts after they have been awarded.

  • By Matthew Weigelt

Can GTSI make the switch to a services company?

GTSI's new CEO discusses the company's future, rumors of a sale and the impact of low morale in part two of our interview with him. What is his strategy for the company?

  • By David Hubler

SBA suspends 2 firms, alleging they served as fronts

The Small Business Administration has suspended EG Solutions and MultimaxArray FirstSource until they can address accusations of acting as fronts to pass small-business work to large company subcontractors.

  • By Nick Wakeman

GTSI suspension: a shot across the bow?

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.

  • By David Hubler

Eyak pulls back takeover bid for GTSI

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.

  • By David Hubler

EyakTek continues pursuit of GTSI

Eyak Technology increaed its bid by 50 cents to $7.50 a share, but GTSI says no once more.

  • By David Hubler

GTSI goes to court to fight takeover bid

A lawsuit filed in Delaware claims Eyak is violating its operating agreement by pursuing acquisition of GTSI.

  • By John Moore

GTSI again rejects suitor’s takeover bid

The board of directors of GTSI Corp. has again rejected an unsolicited takeover proposal by Eyak Technology LLC to acquire GTSI for $7.00 per share in cash. GTSI initially rejected the $7-a-share offer Aug. 30, two weeks after Eyak, an Alaska Native-owned small business, made the proposal.

  • By David Hubler
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Eyak renews merger bid for GTSI

Eyak Technology LLC has made a new merger proposal to acquire all outstanding capital stock of GTSI Inc. for $7.00 a share in cash, the Alaska Native-owned small business announced today. The proposal represents a premium of 35.1 percent over GTSI’s closing market price on Friday.

  • By David Hubler