TechAmerica Foundation is uniting a group government contracting heavyweights to investigate the issues surrounding IT contracting and compile solutions to get the business back on track with the government. The move comes following President Barack Obama's decision to halt contracts and review IT spending. Click here to read more on the Obama administrations decision to […] More
CGI Group Inc. announced last week that it will acquire (NYSE: GIB; TSX: GIB.A) Stanley Inc. (NYSE: SXE) for a cash tender offer at $37.50 per share, a total of $1.07 billion. CGI is funding the acquisition with cash on hand and extant credit facilities, and the transaction has been unanimously approved by both companies' […] More
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 […] More
Recently, the Department of Defense’s Brigadier General Michael Brogan weighed in on a heated topic: poaching of federal contractors. For other takes on the issue, here are some additional perspectives: Renny DiPentima, former CEO, SRA “Poaching” was a constant issue when I was CEO, including “poaching” by the government. While poaching by other government contractors […] More
Change of administration is always a challenging time for government contracting as the markets realign in anticipation of where spending will flow and how to best position for the upcoming priorities. The Obama administration change is no exception with Military shifting from hard resources to soft, traditional defense firms shifting from projecting physical space to […] More
Aneesh Chopra has been named the nation’s first chief technology officer. The news was announced Saturday during President Obama’s weekly address. As federal CTO, Chopra will work alongside Jeffrey Zients, the new chief performance officer, and Federal CIO Vivek Kundra, who’s responsible for setting technology policy across the government. Since he entered public life in […] More
