3 purchases boost Symantec govt. security
Symantec Corp. is strengthening its position in the government market with the planned purchase of three information security companies, announced by the company. The three acquisitions, which should be completed by mid-August, total approximately $355 million in cash.
Perot Systems nets first major federal contract
Wholly owned subsidiary Perot Systems Government Services Inc., formerly ADI Technology Corp,.won a 10-year, $392 million contract from the Naval Sea Systems Command.
Signal wins $50 million transportation contract
Signal Corp. will support the Federal Highway Administration in traffic monitoring and management in the nation's most traffic-congested areas.
Harris team wins $1.7 billion FAA telecom deal
Harris Corp. has been awarded the 15-year, $1.7 billion contract to integrate and modernize the FAA's Telecommunications Infrastructure.
Boeing reorganizes to strengthen defense business
, The Boeing Co. is merging two of its business units to better integrate its solutions for Defense Department contracts, the Chicago-based company announced July 10.
Boeing dons integrator cap
Long known for its aerospace capabilities, the Boeing Co. has quietly emerged as a leading systems integrator in the Army's effort to transform its soldiers into 21st century warfighters.
WorldCom's troubles jeopardize contracts
WorldCom Inc.'s legal and financial woes are rippling through the government marketplace, sparking a review of the company's federal contracts and raising concerns about its ability to continue providing services.
U.S. companies with offshore HQs may be barred from fed contracts
The House Appropriations Committee approved July 9 legislation barring U.S. companies that re-incorporate offshore from being awarded federal contracts. The measure passed 41-17, with several Republicans joining 29 Democrats on the committee to vote in favor of the language, which was incorporated into an appropriations measure for the Treasury Department and other federal agencies.
DREN contract continues to haunt DISA
Another round of protests has begun in the continuing saga of the Defense Research and Engineering Network contract.
Northrop Grumman wins military IT contract
Northrop Grumman Corp. announced it has been chosen by the Naval Sea Systems Command to provide program management and technical support to the Navy's primary surface-to-air missile and launcher program.
Veridian sees STARS for $154 million
Veridian Corp. won a contract for scientific, technical, administrative, research, development, test and evaluation services, or STARS, from the Naval Air Systems Command.
General Dynamics wins $260 million AF contract
General Dynamics Corp. will manufacture and integrate Theater Deployable Communications Integrated Communications Access Packages.
Perot Systems, ManTech make acquisitions
Perot Systems Corp. picks up ADI Technology Corp. while ManTech International signs an agreement to acquire Aegis Research Corp.
Northrop Grumman-TRW deal creates $7 billion IT behemoth
Northrop Grumman Corp. and TRW Inc. finally concluded their months-long face-off with an agreement to merge, the two companies announced July 1. "Today's acquisition adds the last critical node of space to our robust and well-diversified defense platform and systems capabilities that operate on the ground, at sea and in the air," said Kent Kresa, chairman and chief executive of Northrop Grumman.
SER Solutions finishes management buyout
SER Solutions Inc. has completed its management buyout of U.S.-based SER operations and of SER Technology Deutschland GmbH in Germany.
Ethics issue roils council
Alan Balutis, the executive director of the Industry Advisory Council, is coming under fire from some members of the influential industry group because he also provides paid consulting services to some IAC companies. Critics say this creates conflict of interest.The issue has been simmering since at least November when the IAC board tried to resolve concerns about Balutis' outside consulting work. Several members said this controversy will be among the first issues addressed after the newly elected board takes office July 1.
INSIDE TRACK
The Bureau of the Public Debt is seeking information about commercial enterprise customer relationship management software to establish a process by which contacts, accounts and sales opportunities of Treasury securities can be managed.
OMB, Rep. Davis clash over defense buying rule
Rep. Tom Davis, R-Va., and Mitch Daniels Jr., director of the Office of Management and Budget, are clashing over a proposed procurement rule.
KPMG Consulting acquires Andersen consulting partners, staff
KPMG Consulting Inc. announced it has signed a definitive agreement to hire approximately 140 partners and 1,400 professionals and staff members from the U.S. business consulting operation of Arthur Andersen LLP. KPMG Consulting, based in McLean, Va., said it will pay approximately $63 million to complete the transaction.
Boeing team wins $2 billion first phase for radio system
The Boeing Co. announced June 24 that the Army's Communications-Electronics Command has selected its team as the system engineering contractor to develop the Joint Tactical Radio System, a new communications system to serve as the foundation for all future Defense Department tactical radios. The value of the contract plus options could exceed $2 billion for the initial system development and demonstration and low-rate initial production phases of the program, referred to as Cluster 1 and scheduled to last up to six years.
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