GovCon Wire‘s executive-driven coverage not only highlights their involvement in significant contract awards and mergers and acquisitions but gets their direct perspectives on what drives the GovCon market and its future trends. Bob Kipps, managing director at investment banking firm KippsDeSanto & Co., casts his eye on the sector’s M&A... 

Tom Ferrando CRGT has appointed 30-year information technology industry veteran Sal Fazzolari senior vice president of strategic development, the company said Tuesday. He will report directly to Tom Ferrando, CEO and president, and have responsibility for identifying and developing strategies to grow revenue in the defense, intelligence and civilian government... 

Dell‘s (NASDAQ: DELL) board of directors has approved the first cash dividend payable to shareholders in its history, the company announced Friday. Shareholders will receive a quarterly cash dividend of 8 cents per common share, payable to shareholders of record as of the close of business on Oct. 1, 2012. Chief Financial Officer Brian Gladden said... 

Global information technology firm Unicom Systems Inc. will acquire GTSI Corp. (NASDAQ: GTSI) for approximately $76.67 million cash, or $7.75 per share. GTSI announced the per share value of the offer represents a 47.9 percent premium over GTSI’s Friday closing stock price of $5.24 and a 65.6 percent premium over its one-year average closing stock... 

The technology sector was one to watch in October’s merger and acquisition landscape, and a dominant player in the government contracting industry completed a significant transformation. GovCon Wire recorded 10 acquisitions in October and the first week of November, up from the eight we covered in September. Acquisitions IBM (NYSE: IBM) looked... 

Speaking during an investor presentation Oct. 13, ITT Corp. (NYSE: ITT) Chief Financial Officer Denise Ramos said product orders remain steady as the company prepares to split into three companies Oct. 31. “We’re not seeing challenges in our orders at this point,” said Ramos according to a Reuters report. Ramos will become CEO of... 

Boeing (NYSE: BA) has finalized its acquisition of software-engineering firm CDM Technologies. The California-based operation specializes in “real-time transportation and logistics planning systems for the U.S. military.” Terms of the deal were not disclosed. According to Boeing, the move supports “growth strategy for logistics command... 

CGI Group (NYSE: GIB) has once again extended its $903 million tender offer for Stanley. The new extension lasts through August 2.  The previous extension expired last week. CGI notes that approximately 84 percent of Stanley’s shares have been tendered, but that the deal was still awaiting regulatory clearances. CGI agreed to purchase Stanley in...