SRA completes acquisition of Platinum Solutions

SRA International Inc. has completed its $90 million acquisition of Platinum Solutions Inc., a privately held systems integrator and software developer.

Cubic will acquire Abraxas

Cubic Corp., a provider of defense systems, mission support services and transportation systems based in San Diego, will pay $124 million in cash to acquire Virginia-based Abraxas Corp.

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.

Path to profits gets tougher

Contractors report lower profit margins and longer wait times to get paid by government customers, according to a new Clarity report by Deltek.

Acquisition workforce gets half-hearted support, survey shows

A new survey shows a widening chasm between the trajectory of policy and what acquisition workers see as benefits.

TechAmerica urges action by lame-duck Congress on laundry list of IT wants

TechAmerica President and CEO Phil Bond today urged the upcoming lame duck session of the 111th Congress to take concerted action before adjournment on a range of unresolved IT issues.

Coalition urges withholding changes in the withholding tax

The Government Withholding Relief Coalition, a group of 113 associations, is urging the lame-duck Congress to delay tackling the withholding tax change for two years, if it cannot simply repeal the measure.

IBM completes $1.7B purchase of analytics appliances provider

IBM Corp. has completed its $1.7 billion acquisition of Netezza Corp., expanding the computer giant’s business analytics offerings.

20 contracts you can't ignore

We rank the largest and most important contracts that will hit the market in the next 12 months. Is your bid-and-proposal team ready?

North American Public Sector bolsters CSC’s flat 2Q earnings

CSC reported $4 billion in revenue for the second quarter of fiscal 2011, equaling fiscal 2010's second-quarter revenue of $4 billion.

An oxymoron? Data center consolidation is expanding

Consolidation of data centers is growing, according to the 2010 Energy Efficient IT Report by CDW.

Acquisitions, strategic hires drive Emtec's growth

Emtec Federal cranks up its pursuit of government business with new leadership and acquisitions.

Tax policy drives increase in M&A activity

The market for merger and acquisition transactions in the government contracting market seems poised for a strong finish in 2010, writes John Hagan at BB&T Capital Markets/Windsor Group.

Northrop, UMBC partner to create cybersecurity incubator

Northrop Grumman Corp. and the University of Maryland Baltimore County Research Park Corp. have unveiled plans to create a new incubator that will focus on developing technology to protect against a growing range of cyber threats.

Harris further expands satellite reach with latest acquisition

Harris Corp. will pay approximately $397.5 million to purchase Schlumberger GCS, a provider of global communication services to a wide range of customers in more than 50 countries.

Contract wins push up ICF International third-quarter figures

ICF CEO says the figures demonstrate the strength of the consulting services and technology markets and his company's status there.

Raytheon buys cyber solutions provider

Raytheon Co. has acquired Trusted Computer Solutions, a Herndon, Va., provider of cross-domain, operating system and network security solutions. Financial terms were not reported.

GTEC adds second acquisition in two months

Global Defense Technology & Systems Inc. purchases Signature Government Solutions LLC, a provider of IT services and cybersecurity solutions, and a subsidiary of Signature Consultants LLC, $52.5 million in cash.

Dell Federal hires new contracting director

Kathleen Hines has joined Dell Services Federal Government Division as director of contracts and is responsible for leading all of Dell’s federal contract and procurement operations.

Survival tips for the coming fed IT market

Market research firm Input presented its annual FedFocus research, which identifies the challenges and opportunities for contractors in the next year.