Federal IT consolidation spills over into 2007

Senior executives and owners of federal IT services companies should pay close attention to a changing environment that provides both opportunities and uncertainties in 2007.

Welcome to the new WT

In your hands, you are holding a year's worth of planning, discussions, debates and arguments. (A few tears are in there, too.)

GTSI restates earnings, prevents delisting

GTSI Corp. is back in Nasdaq's good graces after it caught up last month with its financial filings with the Securities and Exchange Commission.

Two top ACS officials resign

The CEO and chief financial officer of Affiliated Computer Services Inc. have resigned after an investigation into the company's stock options practices found that they violated ethics practices.

Market Share: Power shift in Congress won't hurt federal IT spending

Midterm elections may have shifted power, but they won't shake federal IT spending.

IPOs fire fed market

Increased revenue and new public players are bright spots of active third quarter.

Florida city taps Tyler for financial, payroll software

Tyler Technologies won a contract with the City of North Miami to deliver a software and services package,including the company's EDEN financials products.

GTSI misses deadline for filing 3Q financials

GTSI Corp. notified government securities regulators yesterday that it could not meet the deadline for filing its third quarter financial report.

USAID tags BearingPoint for tax reform work in Bosnia

BearingPoint Inc. won two contracts from the U.S. Agency for International Development to support government reform projects in Bosnia-Herzegovina.

Ingram Micro upbeat on government sales

Ingram Micro reported strong government sales and revealed programs from five technology vendors to boost margins for its resellers in the government market at its GovEd Alliance conference today.

BearingPoint offers bondholders some reassurance

BearingPoint Inc. announced Nov. 3 that it had reached an agreement with a majority of its bondholders that resolved concerns that the company is in default.

AT&T gets Army professional services work

AT&T Government Solutions Inc. won a contract to furnish professional services to the Army Materiel Command's Enterprise Integration Directorate.

Market Share: New IPOs reflect federal market's magnetic attraction

Federal IT has regained its public market momentum. Three successful initial public offerings in the past three weeks could re-ignite investor attention and interest in the federal IT sector.

Stanley joins the IPO crowd

The ranks of publicly traded government IT companies continues to swell as Stanley Inc. made its debut today on the New York Stock Exchange.

SAIC raises $1.13B after IPO

Shares of Science Applications International Corp. stock are trading at about $17.98 per share, 98 cents above today's opening price on the New York Stock Exchange, following the company's initial public offering Thursday.

Can you hear the savings now?

Complexity, lack of standards stymie common operating picture efforts.

SGI gets $115M to fuel bankruptcy recovery

After filing for bankruptcy protection in May, Silicon Graphics Inc. now has an approved reorganization plan and financing in place, according to company officials.

Market Watch: Public market winds of change blow for federal ITs

Public capital markets have been receptive to federal IT companies since the Sept. 11, 2001, terrorist attacks. Since then, more than $4 billion of equity has been raised for federal companies via initial or follow-on public offerings.

Market Share | Quick budget bills are best medicine for weak EPS

Why have federal IT service stocks been so weak this summer? It's a question many investors and companies have been asking me.