L-1 snaps up Advanced Concepts
L-1 Identity Solutions will acquire ACI, a provider of IT services to the U.S. intelligence and military communities, for $71.5 million cash.
Double the audits, double the criticism for DHS
DHS' technology investment management came in for criticism from congressional auditors in a report last week. GAO described risks in the agency's use of technology to implement a port security law in a second report, while noting some progress.
Integral Systems recovers its orbit
Scandal rocks company, but planning and communication keep satellite firm on track.
Deloitte acquires intel consulting firm
Deloitte & Touche LLP has acquired the assets of a consulting firm that specializes in enterprise resource planning solutions for the intelligence community.
Keeping an eye on returns in a sluggish market
Merger and acquisition activity in the federal IT and government services markets has been strong for five years, coinciding with federal spending increases exceeding longer-term norms.
Tech sector expands infrastructure protection effort
The nation's IT companies are entering a new phase in joint disaster planning that will encourage them to assess risk in at least eight critical functions nationwide.
Young steps down from GTSI posts
Dendy Young announced that he will retire as chairman of the board of GTSI and as a company director following GTSI's next annual shareholder meeting, which should take within the next 30 days.
Outsourced tax collection adds up nicely for IRS
The IRS has effectively developed and implemented several aspects of an outsourced tax-collection program that is projected to result in an additional $1.4 billion in taxes by 2015, according to a new audit.
ACS gets offer to go private
Affiliated Computer Services has received an offer of $5.9 billion from an investment group that would take the publicly traded company private.
Forecast remains cloudy and cool for IT services
The business environment for federal IT services companies continues to be challenging, with the companies largely reporting lackluster fourth-quarter results and outlook for 2007, with a couple of exceptions.
Make no mistake, M&As are hotter than ever
M&A fires keep burning.
House committee hears industry opinions on small-biz
Root out burdensome overregulation, ban permanent Internet taxes and make research and development funding ongoing, a panel of technology and telecommunications business representatives and owners urged a congressional committee.
CGI gets Canadian financial modernization deal
CGI Group Inc and IT/Net won a contract from Canada's Public Works and Government Services to deploy a new financial management system.
In the current climate, some gain a clear edge
A select group of companies will attract strong buyer interest this year.
Ticket to growth
Teradata sees bright future but challenges lie ahead.
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Texas dispute takes toll on Maximus' earnings
The loss of an important subcontract for an eligibility project in Texas has had a negative impact on the first quarter earnings of Maximus Inc.
Input: State and local outsourcing to hit $20B by 2011
<font color="CC0000">(UPDATED) </font color> The state and local outsourcing market is expected to grow from nearly $12 billion in 2006 to about $20 billion in 2011.
Perot closes QSS deal
Perot Systems Corp. closed its $250 million acquisition of QSS Group today, nearly doubling the company's government business.
Social and political returns on investments
A new study by the Center for Technology in Government describes the first steps toward measuring public return on investment. The center's methodology and its results hold great promise for agencies and governments at all levels.
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