House kills withholding requirement on contractors
The House approves a repeal of the 3 percent withholding tax on contractors. Next up a Senate vote.
Harris reports first-quarter growth
Company says orders increased during its first quarter, but net income dropped.
Northrop Grumman sales down in info system sector
Its Information Systems had fewer sales in its defense and civil system programs, while intelligence systems balanced out the lower sales volume.
Lockheed Martin reports sales growth despite cost of downsizing
Lockheed Martin increases third-quarter sales to $12.1 billion over 2010.
Federal business drags down Unisys' growth rate
Unisys had strong ClearPath mainframe sales and system integration business, but the federal market continues to be a challenge.
‘Solid operating performance’ spurs General Dynamics’ quarter
General Dynamics CEO Jay Johnson credits increased efficiency, improved productivity and reduced costs for solid performance in the company’s third-quarter numbers.
IBM picks Ginni Rometty as new CEO
Rometty is not stranger at IBM. She led the effort that created the company's Global Business Services sector.
Is it back to the future or survival of the fittest in the government market?
How do you ride out the current budget conditions and position your company for growth? Finding the right answer is the top challenge in today's market, writes Editor Nick Wakeman.
Is Virginia going to steal Lockheed's HQ from Maryland?
Believing that states ought to compete, Virginia Gov. Bob McDonnell wants to lure Lockheed Martin to the Old Dominion and away from Maryland.
DOD wants industry to invest $7B in alternative energy
Army creates energy task force to solicit funds from industry for renewable-energy projects.
Senators call for DOD to review ANC contracts
In the wake of the an alleged fraud scheme that cost the government $20 million, senators want Alaskan Native Corp. contracts reviewed.
Did HP's PC spinoff indecision boost its market share?
When Meg Whitman replaced Leo Apotheker as HP CEO the previously announced spinoff idea was put on hold and HP's U.S. and global market share increased.
Normal budgets still two years away
With the economy still shaky and the 2012 elections still to get through, contractors can expect the uncertainty about the flow of spending to continue until at least 2013.
Oracle recruits HP hardware partners, report says
Oracle sets its sights on recruiting HP resellers to grow rapidly over the next year.
CIA backs semantic search, wireless tech
The CIA's investment arm, In-Q-Tel, is supporting two companies with semantic search and wireless technologies that can help the intelligence community.
13 banks commit $20B to small business lending
Top U.S. banks say they will lend $20 billion to small businesses over the next three years.
Michael Dell speaks out on HP PC spinoff
Dell looks to capitalize on HP's separation from PC business.
Where will we find the next legendary CEO?
With the pace of mergers and acquisitions and the appetite of private equity groups, is it still possible for a CEO to become a legend?
Carlyle Group files for $100M IPO
The Carlyle Group files documents with the SEC to sell shares to the public.
SAIC blames 2Q earnings drop on ‘challenging government environment’
SAIC Inc. saw revenues decline 6 percent to $2.60 billion in the second quarter of fiscal 2012 compared to $2.75 billion in the corresponding quarter 2011, the company announced in an earnings report released August 31.
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