Opinion

Divestiture makes for hot topic in lean times

Lingering effects of the credit crisis and the broader economic downturn have created a new urgency for chief executives in the defense and government services industry to explore divestitures.

Cybersecurity buzz could be a bubble

The cybersecurity market is booming, but how long will that continue?

Largest-ever contract win spurs SRA 3Q numbers

SRA International Inc. reported $411.0 million in revenue for the third quarter of fiscal 2010, a 9.0 percent increase over the $376.9 million in revenue for the March 2009 quarter.

CGI Group to buy Stanley for $1 billion

CGI Group will acquire Stanley Inc. for $1 billion in a cash deal that will more than double the company's U.S. federal business.

Contracts, backlog help ManTech rack up 1Q gains

ManTech International Corp. saw first-quarter 2010 revenues climb to $587.6 million, a 31 percent gain from the $449.6 million in the first quarter of fiscal 2009, according to a company statement.

A checklist for staying on top

Succeeding in a changed and shifting market environment requires focused action at the tactical level, writes Bill Scheessele.

M&A activity set to rebound

Diminishing uncertainty is leading to an improving environment for merger and acquisition activity, writes John Allen.

Navy wins help propel CACI to record third quarter

CACI International Inc. reported record net income of $26.7 million for fiscal third quarter of 2010, a 21.6 percent increase over the $22.0 million for the same period last year.

Strong growth around the bend

Federal IT services firms are optimistic about business later in the year as contract award activity improves in areas such as cybersecurity, health IT and C4ISR.

GD first-quarter revenues down 6 percent from 2009

General Dynamics Corp. today reported overall first-quarter 2010 revenues of $7.75 billion, down from $8.26 million in first quarter 2009, or a 6.2 percent decline.

Two federal awards highlight ATS first quarter earnings

Spurred by a $27.5 million Defense Department contract and a Nuclear Regulatory Commission award worth $24 million, ATS Corp. revenue from civilian and defense contracts increased $1.3 million to $24.0 million, or 5.3 percent, for the first quarter ended March 31, 2010.

M&A success in 5 steps

For an M&A deal to work, special attention must be paid to communication strategies.

SAIC ends fiscal 2010 with $10.9B in revenue

Science Applications International Corp. ended its fourth quarter with a 7 percent increase in quarterly revenue and 8 percent for fiscal 2010, which ended Jan. 31.

Wall Street beckons government contractors

The increasing activity of private equity groups indicates that the future holds more initial public offerings for the government market.

ICF business grows as agencies seek advice

ICF’s core revenue in its fourth quarter of 2009 increases 57 percent over the fourth quarter of 2008.

Dealmaking survives tough times

2009 may not have set records, but 77 transactions closed last year, led by TASC Inc.'s separation from Northrop Grumman Corp.

About our roundup and rankings

The annual Washington Technology mergers and acquisitions special report rounds up and ranks the top deals of 2009.

Which deal topped the 2009 M&A roundup?

Washington Technology ranks the 2009 mergers and acquisitions that had the biggest impact in the government market.

Private equity buying takes center stage

Although financial buyers can be outstanding choices for sellers of government contracting businesses, they present unique challenges when compared to the strategic buyer alternative, says John Hagan, co-head of the defense and government services group at BB&T Capital Markets/Windsor Group.

Justice contract fuels GTEC's 2009 revenue growth

Global Defense and Technology Systems achieved 12.4 percent revenue growth with total contract awards hitting $376 million for 2009.