John Hillen will have some interesting conversation for his Thanksgiving table this year: his company, Global Defense Technology & Systems, Inc. held its IPO Friday. This is the first IPO in government contracting since SAIC went public on October 10th, 2006. According to a press release, Global Defense Technology & Systems, Inc. will use the [...]
When you hear “transparency,” what’s the first thing that comes to mind? For many CFOs, it’s transparency with government regulators and customers. Of less focus is organizational transparency. That’s a shame — especially these days, says Kathy Kerchner, CFO of Lockheed Martin Enterprise Business Services. At a time when budget pressures are augmenting a focus [...]
The announcement of cyber coordinator may be near. At least that’s what a source tells Federal Times. And it’s a toss-up between two contenders — ISF President Howard Schmidt and former Assistant Defense Secretary Frank Kramer. The source goes on to say the announcement may come around Thanksgiving — effectively ending speculation that’s persisted since [...]
TASC, Northrop Grumman’s Systems Engineering and Technical Assistance (SETA) business unit, is being sold to KKR and General Atlantic for $1.65 billion. Northrop Grumman’s CEO Ronald Sugar said in a statement that the sale “reflects Northrop Grumman’s desire to align quickly with the government’s new organizational conflict- of-interest standards, while preserving TASC’s unique organizational culture.” [...]
ExecutiveBiz recently spoke with Haywood Talcove, CEO of LexisNexis Special Services Inc, about rapidly emerging opportunities in government contracting. He told us how fighting waste, fraud, and abuse in healthcare, and how knowledge-based authentication can help secure sensitive data networks against infiltration. We also spoke about the end of “large, programmatic opportunities that took 10 [...]
In the midst of the whole insourcing conversation, one point often gets overlooked. “The Obama administration doesn’t have a specific, explicit, or even implicit insourcing agenda,” says Stan Soloway, president and CEO of Professional Services Council. “The objective,” he adds, “is to ensure you’re doing inherently governmental functions within the government, as should be the [...]
It’s been said that prediction is a very difficult thing — especially if it’s about the future. Fortunately, when we set out to name 2009′s People to Watch, we placed are bets correctly, giving readers a sneak peak of Beltway game changers who’d more than likely be leaving their mark over the coming year. We’re [...]
