The Northern Virginia Chamber of Commerce and Professional Services Council announce class number 21 of the companies and executives as winners of the Greater Washington Government Contractor Awards.
Linda Gooden, who has run Lockheed Martin's Corp.'s IT business since 1997, will take over the company's $4 billion information and technology services unit.
Private equity investment firm Veritas Capital Fund LP of New York will buy Pearson Government Solutions Inc. for $600 million in a cash and stock deal.
The Washington Post Company announced it has signed an agreement to sell Washington Technology, Government Computer News, FOSE, Defense Systems, Government Leader and their associated Web sites and assets to 1105 Media, the same company that bought Federal Computer Week earlier this year.
The Washington Technology Top 100 list of federal prime IT contractors is compiled through the work of market research firm Federal Sources Inc. of McLean, Va., which analyzes government procurement data.
It's no secret that the homeland security market hasn't created a deluge of business for many government contractors. Spending on new initiatives has not matched expectations, and the Homeland Security Department has been slow in taking shape.But the new department, guided by former Pennsylvania Gov. Tom Ridge and barely six months old, is now gearing up for two massive procurements that could start the ball rolling on what many still regard as a lucrative market.
