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
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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
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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

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