ITT to become three separate companies
ITT Corporation will separate the company’s businesses into three distinct, publicly traded companies following unanimous approval of the plan by the board of directors. Under the plan, the company would execute tax-free spinoffs to shareholders of its water-related businesses and its Defense & Information Solutions segment.
Welcome to a new era of government contracting
Bigger may not be best, writes Washington Technology editor Nick Wakeman. What are some of the leading companies saying about what it takes to succeed in today's market?
9 companies to watch in 2011
The New Year brings challenges and opportunities for many companies. Editor Nick Wakeman picks nine companies worth following in 2011.
Take the poll: Will your business grow in 2011?
Contractors weigh in on how much they expect their companies to grow in 2011. What do the early returns say about the industry's confidence level?
What was your hot topic of 2010?
Join editor Nick Wakeman for a chat on Twitter to discuss the top topics of 2010 and what will be the driving issues of 2011.
Yesterday's business development strategy sure to fail today
Today's government market demands new ways of working with customers and developing business development strategies. What worked yesterday will likely fail today, writes MBDi's Bill Scheessele.
Federal awards spur SAIC 3Q growth
Science Applications International Corp. reported a 4 percent gain in revenue for the third quarter of fiscal 2011 over the same quarter in fiscal 2010.
Former BTG, Apogen exec returns to federal market
Todd Stottlemyer returns to the federal market to lead Interactive Technology Solutions of Silver Spring, Md., as CEO.
Are federal IT stocks already at rock-bottom?
A bearish outlook seems to have been factored into federal IT stock prices, writes Bill Loomis of Stifel Nicolaus.
Booz Allen raises $238M in IPO
The company will use its IPO proceeds to pay down debt.
SBA problems notwithstanding, GTSI posts solid third quarter
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.
North American Public Sector bolsters CSC’s flat 2Q earnings
CSC reported $4 billion in revenue for the second quarter of fiscal 2011, equaling fiscal 2010's second-quarter revenue of $4 billion.
Contract wins push up ICF International third-quarter figures
ICF CEO says the figures demonstrate the strength of the consulting services and technology markets and his company's status there.
Beyond the hype of Booz Allen's IPO
Don't get caught up how many millions the IPO will raise, but take a look at the risk factors and gain some insights into the challenges faced in the government market, writes Washington Technology Editor Nick Wakeman.
C4ISR services help push CACI to record first quarter
CACI International Inc. reported a historic first quarter for fiscal 2011, with a record number of contract wins and net income of $28.7 million, an increase of 20.1 percent over the $23.9 million recorded in the same period last year.
Aerospace, IT spur rise in General Dynamics' quarterly earnings
General Dynamics Corp. reported third-quarter 2010 earnings of $649 million, compared to $575 million for the same quarter in 2009. Revenues in the quarter were $8 billion. Operating earnings grew to $966 million for a 10.5 percent increase over third-quarter 2009, the company reported yesterday in an earnings statement.
Bersoff hands off CEO title at ATSC
ATS Corp. will have a new CEO to start 2011, but Bersoff will remain as chairman.
Lockheed Martin hangs on to profits with civilian agency help
The corporation reports progress in being leaner in its third-quarter report, but sees tougher profit outlook ahead.
Cliff Kendall, industry pioneer and CDSI founder, on his secrets of success
Clifford Kendall received a Hall of Fame Award for founding CDSI and helping to create the government IT contracting industry.
One way hot tech meets cold cash
American Security Challenge creates a forum where entrepreneurs can meet potential customers and in some cases find new sources of funding.
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