Industry may wind up paying security clearance tab

<font color="CC0000">(Updated)</font> The federal government may ask contractors to help pay for processing security clearance applications for their workers, industry sources said following the Defense Department's recent decision to temporarily stop processing clearances for contractors.

General Dynamics wins Space technology management work

General Dynamics Corp. won a five-year $9.6 million prime contract to implement and support a new information management system at the Space and Missile Systems Center.

DHS explores options for enterprise financials

The Homeland Security Department will decide in the next few months whether it will use existing legacy systems to establish an enterprisewide financial management system, a DHS procurement official said Thursday.

Davis: Feds should invest heavily in procurement workforce

Rep. Tom Davis (R-Va.) said today that the federal government should spend more money on training procurement officials, and suggested an exchange program where industry officials help train government-sector employees.

CACI posts strong third quarter performance

CACI International Inc. today reported record revenue of $435.4 million for its third fiscal quarter ended March 31, an increase of $20.4 million, or 4.9 percent, over revenue for the same period in fiscal 2005.

JDA acquisition opens door to federal work

JDA Software Group Inc. will retain Manugistics Group Inc.'s clients in the federal government, aerospace and defense sectors after it completes its $211 million cash purchase of the supply-chain management company.

General Dynamics delays closing on Anteon buy

General Dynamics Corp. has extended the deadline for completing its acquisition of Anteon International Corp. by three months, pending the outcome of the Justice Department's review of the deal.

DARPA re-ups CACI for program management

CACI International Corp. won a four-year, $49 million contract renewal from the Defense Advanced Research Projects Agency to continue providing various forms of program and technical assistance to its technology office.

Apptis wins FTC work

Apptis Inc. will announce Monday that it won a five-year contract worth more than $16 million from the Federal Trade Commission for a managed service call center and related support.

Smiths Detection wins mobile weather forecasting deal

Smiths Detection Inc. won an $8 million contract from the U.S. Navy to design and test a prototype mobile weather forecasting system.

Federal Services buys Advanced Technology Systems

Federal Services Acquisition Corp. has acquired Advanced Technology Systems Inc. for up to $124 million in a cash and stock transaction.

Leto's goal for GTSI: A profit in 2006 through services

After a woeful 2005, capped by a $16 million net loss, GTSI Corp. is fiercely fighting its way back to stability and profitability with a turnaround strategy led by its new president and CEO, James Leto, who wants to make GTSI profitable by the end of 2006 and move it way from its profile as a reseller toward that of a solutions provider.

Federal Services buys Advanced Technology Systems

Federal Services Acquisition Corp. has acquired Advanced Technology Systems Inc. for up to $124 million in a cash and stock transaction.

Inside track: In brief

The General Accountability Office wants information about off-the-shelf budget formulation software to help legislative branch agencies develop and present their yearly budget requests to Congress with consistent methodologies and formats.

Inside track: In brief

The General Accountability Office wants information about off-the-shelf budget formulation software to help legislative branch agencies develop and present their yearly budget requests to Congress with consistent methodologies and formats.

SAIC buys Geo-Spatial Technologies

Science Applications International Corp. has completed its acquisition of Geo-Spatial Technologies Inc., a move designed to boost the company's systems development capabilties for urban warfare and homeland security.

Industry gets handle on TAA compliance costs

The adage, "A good offense is the best defense," applies in federal contracting when the government IT channel goes up against Trade Agreements Act prohibitions.

L-3 Titan Group wins Iraq logistics support work

L-3 Communications Titan Group won a four-year, $7.2 million contract to manage and operate an automated battlefield supply network, housed at Logistics Supply Area Anaconda in Balad, Iraq.

GTSI reports $16 million net loss in '05

Beleaguered IT products and solutions company GTSI Corp. yesterday reported a net loss of $16 million on total revenue of $886.3 million for 2005.

Thomson Prometic scores IRS exam work

Thomson Prometric Inc. won a 10-year, $12.5 million contract from the federal tax agency to develop and administer its special enrollment exam on a computer-based format.