EADS pulls out of U.S. defense acquisition
European aerospace and defense giant EADS N.V. withdrew from a major U.S. defense acquisition in late December because its board wanted to preserve cash.
BearingPoint struggles to cope with large debt
BearingPoint Inc. will face a day of reckoning on April 15 when lenders who gave the company $200 million nearly three years ago can collect on the debt.
Dell reorganization includes government unit
Dell is creating three new units, including a division that will oversee its government business.
Transition Watch: Obama picks Schapiro to head SEC
President-Elect Barack Obama has tapped veteran regulator Mary L. Schapiro to serve as the chairwoman of the Securities and Exchange Commission.
Eye on M&A
M&A activities weather a stormy economy.
2008: In Review | A year of turmoil and uncertainty
Security, tight budgets and contract protests dominate a look back at 2008.
Still sunny in the services sector
Despite facing tighter budgets, tougher competition, and heavier oversight and regulation burdens, the federal IT and professional services industry is a relatively bright spot on Wall Street.
GAO: Treasury must keep bailout transparent
Treasury has hired PricewaterhouseCoopers to help implement internal controls for the Troubled Assets Relief Program.
Dot-com archive gives insight into another turbulent time
An archive on the dot-com era contains data that shatters myths and stresses the importance of social networking.
Qwest says it has enough revenue to cover debt
Qwest sees the Networx telecommunications contract as one of a number of catalysts for revenue growth that will help the company improve its financial situation over the long run.
Transition Watch: Industry gains seen in Obama's tech plans
President-elect Barack Obama's technology plans could be relatively beneficial for U.S. IT companies.
HP exceeds Wall Street expectations
HP has issued a comparatively optimistic forecast for sales in the coming year, which contrasts with the gloomy forecasts from other major technology companies.
Manusco will help CSC weather downturn
Michael Manusco, who is coming out of retirement to serve as chief financial officer at CSC, says his primary concern from a corporate standpoint will be maintaining access to credit.
Deal-making to continue despite downturn
The government contracting industry, like the rest of U.S economy, is trying to ascertain what political change and the financial turmoil will mean for it. Specifically, how are the capital markets and the mergers and acquisitions environment for this industry affected?
BearingPoint weighs restructuring options
BearingPoint's plans to sell some or all of its business have proved unsuccessful, and the company is now attempting to renegotiate the terms of some of its debt.
The safe haven in an economic storm
Recent turmoil in debt and equity markets highlights the contrast between federally oriented businesses and companies serving private-sector customers. It reminds us of the attractive, fundamental characteristics of the government services industry: stability, visibility, predictable cash flows and modest capital requirements.
Answering the bailout call
Financial rescue plan likely to fuel new business for contractors.
Financial software tug of war
Microsoft designs product suite in quest to grab market share from Deltek.
Pushing his plan
SRA vet Kriegman wants to meld commercial expertise with government know-how.
Eye on M&A
Strategic buys aim to survive crisis.
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