SBA problems notwithstanding, GTSI posts solid third quarter
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.
Record $30B FBI IT services contract awarded
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.
What you can learn from GTSI's contracting ban
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?
GTSI-SBA agreement puts company under the microscope
GTSI entered an agreement with SBA Oct. 19 so it could stay in business. It cost the CEO his job. But what else did GTSI have to give up?
How SBA action led GTSI leader to fall on his sword
Scott Friedlander says he was on a personal mission to save the company, but resigned as the best way to make sure GTSI survived an SBA suspension.
SBA lifts GTSI ban; Friedlander, general counsel resign
Small Business Administration lifts GTSI's temporary suspension, but the company's executive suite pays a heavy toll.
Can GTSI stay in business?
The fight to clear its name is in the middle of a 30-day countdown as GTSI's suspension raises risks for the company, including possible debarment.
SBA mum on GTSI's alleged accomplices
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.
GTSI suspension: a shot across the bow?
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 pulls back takeover bid for GTSI
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.
Why GTSI, and are others in SBA’s crosshairs?
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?
EyakTek continues pursuit of GTSI
Eyak Technology increaed its bid by 50 cents to $7.50 a share, but GTSI says no once more.
GTSI suspended but vows to fight
GTSI has been suspended from winning new government contracts but vows to defend itself against charges that it inappropriately received small-business contract dollars.
GTSI goes to court to fight takeover bid
A lawsuit filed in Delaware claims Eyak is violating its operating agreement by pursuing acquisition of GTSI.
GTSI again rejects suitor’s takeover bid
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 renews merger bid for GTSI
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 signs deal for cloud infrastructure services
GTSI Corp. has joined forces with Terremark Worldwide to deliver enterprise cloud services to government agencies looking for infrastructure as a service.
GTSI's CEO recalls company's near-death experience
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.
How to match the sales pitch to the CIO
Career or political? Buying power or not? Different CIOs have different levels of authority, and sales pitches need to be tailored accordingly.
GTSI's CEO-in-waiting sees smooth transition ahead
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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