Telcordia Technologies Inc. has reorganized its advanced technology solutions business unit into a wholly owned subsidiary, Telcordia announced Thursday. Telcordia said it separated the unit, now known as Applied Communication Sciences, to alleviate U.S. government concerns about the affects of Telcordia’s recent $1.5 billion takeover by Swedish telecommunications firm Ericsson. Telcordia said the subsidiary will [...]
January 19th, 2012 | Filed under General | Read More »
Executive Mosaic, publisher of a suite of GovCon media properties, has closed it’s second year of print publishing with its release of the Winter 2011 issue of GovConExec magazine, the eighth and most in depth issue yet. The issue focus is C4ISR: GovCon Leaders Enable a New Era and is a one-stop shop for the driving executive insight and GovCon [...]
December 16th, 2011 | Filed under Featured,General | Read More »
Sotera Defense Solutions recently announced its acquisition of Software Process Technologies Inc. SPT provides a range of mission-focused, specialized software engineering capabilities to support the cyber intelligence missions of its customers. The deal will expand Sotera’s engineering expertise in its cyber intelligence customer base. “SPT is a natural fit for Sotera and the company’s addition [...]
August 10th, 2011 | Filed under General | Read More »
GTEC (NASDAQ: GTEC) CEO John Hillen spoke with ExecutiveBiz today shortly after the firm announced it had reached an agreement to sell to Ares Management in an all-cash deal valued at $315 million. The deal, expected to close in the second quarter, will see GTEC shed its publicly-traded status and become an entirely private company. [...]
March 3rd, 2011 | Filed under General | Read More »
GTEC has finalized its purchase of Signature Government Solutions for $52.5 million in cash, the companies announced this week. Herndon, Va.- and Ft. Meade, Md.-based SGS is expected to generate $37 million in revenue this year. All 220 of its employees have Top Secret/Sensitive Compartmented Information clearances or higher. GTEC President and CEO John Hillen [...]
December 20th, 2010 | Filed under General | Read More »
The Professional Services Council elected new members and re-elected current members to its board of directors and executive committee at its semi-annual board of directors and annual membership meeting. The PSC board of directors is responsible for policy oversight and overseeing the course of the association. PSC is the national trade association of the government [...]
December 17th, 2010 | Filed under News | Read More »
GTEC is one of 46 companies who will compete for $30 billion of task orders from the FBI, the company has announced. The indefinite-delivery, indefinite-quantity award is for supplies, application management and support services for the FBI as well as other Department of Justice agencies. “We are pleased to continue our strategic partnership supporting the [...]
November 15th, 2010 | Filed under General | Read More »
