In the wake of GTSI’s recent problems with the Small Business Administration and the resignation of its president and CEO, Scott Friedlander, the federal contractor posted a solid third quarter of 2010 with revenues up in all sales categories.
46 contractors will compete for task orders under the FBI’s eight-year, $30 billion Information Technology Supplies and Support Services contract, known as IT Triple S.
Industry insiders see a variety of lessons from GTSI's recent contracting troubles. What steps should both large and small companies take to make sure they steer clear of trouble?
If GTSI is guilty of wrongdoing, then shouldn't SBA also investigate and suspend the other companies involved? That's the question on Editor Nick Wakeman's mind.
SBA’s suspension Friday of GTSI Inc. from winning new federal contracts raised questions and concerns within the contracting community -- and maybe a little fear.
Eyak Technologies LLC this morning withdrew its bid to purchase GTSI Inc. through a stock purchase deal.The move comes in the wake of a steep decline in GTSI stock Monday morning.
Editor Nick Wakeman ponders the timing and the motivation behond SBA charges against GTSI that it improperly received small business contract dollars. Is GTSI a target for conducting business as usual?
GTSI has been suspended from winning new government contracts but vows to defend itself against charges that it inappropriately received small-business contract dollars.
The board of directors of GTSI Corp. has again rejected an unsolicited takeover proposal by Eyak Technology LLC to acquire GTSI for $7.00 per share in cash. GTSI initially rejected the $7-a-share offer Aug. 30, two weeks after Eyak, an Alaska Native-owned small business, made the proposal.
Eyak Technology LLC has made a new merger proposal to acquire all outstanding capital stock of GTSI Inc. for $7.00 a share in cash, the Alaska Native-owned small business announced today. The proposal represents a premium of 35.1 percent over GTSI’s closing market price on Friday.
GTSI Corp. has joined forces with Terremark Worldwide to deliver enterprise cloud services to government agencies looking for infrastructure as a service.
Jim Leto is stepping down Feb. 15, after four years as chief executive officer at GTSI Inc. He is being succeeded by Scott Friedlander, who is also company president and chief operating officer.
GTSI Corp.’s Scott Friedlander discusses his future and that of the company he will soon lead when Jim Leto steps down as chief executive officer on Feb. 15.
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