Tag Archives: IT

CACI Closes Buy of Federal Oracle Provider; Paul Cofoni Comments

CACI (NYSE: CACI) has completed its acquisition of Advanced Programs Group, LLC, a provider of  Oracle e-business services to the federal government. CACI expects the move to increase its earnings per share over the next 12 months. Reston, Va.-based Advanced Programs has 110 employees and generated 2010 calendar year revenues of $41.9 …

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HP Buys Autonomy Corp to Expand Enterprise Information Offerings

HP (NYSE: HPQ) has acquired control of Autonomy Corporation plc., buying approximately 87.34 percent of Autonomy shares for $33.77 per share in cash. The acquisition positions HP in control of Autonomy and as leader in the enterprise information management space. Autonomy provides IT solutions for unstructured and structured information with data analytics, …

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General Dynamics Completes $960M Acquisition of Vangent Inc.; Jay Johnson Comments

General Dynamics (NYSE: GD) has completed its acquisition of healthcare IT provider Vangent Inc. for approximately $960 million cash. General Dynamics expects the move will increase its earnings in 2012. Vangent will become part of the company’s IT business unit, GDIT. Vangent’s core offerings include health informatics and information exchange, electronic health records …

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CGI to Move DHS Public Websites to Cloud; SVP Eric Wolking Comments

The U.S. Department of Homeland Security has awarded CGI Federal (NYSE: GIB) its three-year, $1.8 million DHS-wide public cloud web content management services contract. The contract was awarded under the General Services Administration’s $76 million infrastructure as a service BPA, which CGI was granted approval to fulfill work orders under last month. …

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Lockheed Completes Acquisition of Medical Services Contractor QTC Holdings

Lockheed Martin (NYSE: LMT) has completed its acquisition of QTC Holdings, the largest provider of outsourced medical evaluation services to the U.S. Veterans Affairs Department. Terms of the transaction were not disclosed. QTC provides IT case management services and health care expertise. It processed more than 450, 000 evaluations last year. …

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GovConExec Magazine Fall Issue Identifies Peak Markets for GovCon Industry

Executive Mosaic, the publisher of GovCon Wire and a stable of online news properties geared toward the government-contracting industry, has launched the fall issue of its quarterly print magazine, GovCon Exec . The latest issue focuses on growth opportunities for government contractors. This issue comes at a time where the nation is taking …

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CACI to Acquire Federal Oracle Provider; Paul Cofoni Comments

CACI International Inc. (NYSE: CACI) has signed a definitive agreement to acquire Advanced Programs Group, LLC, a provider of Oracle e-Business services in the federal market. CACI expects the move to increase its earnings per share during its first 12 months after closing. The company expects to complete the acquisition by Oct. 1. …

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Intelligent Decisions Wins $75M FAA Contract for IT Products, Support; Harry Martin Comments

Intelligent Decisions, Inc. has won a potential five-year $75 million single-award indefinite-delivery/indefinite-quantity contract with the U.S. Federal Aviation Administration. The contract was awarded under the strategic sourcing for the acquisition of various equipment and supplies program. FAA will purchase or acquire computer hardware and software, components and technical and professional …

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Former Avaya EVP of Finance Steven Bracci Joins Pragmatics as CFO

Former Avaya Government Solutions‘ executive vice president of finance Steven Bracci has been appointed as chief financial officer for software engineering and systems integration firm Pragmatics. Bracci will run the company’s financial operations, including corporate accounting, financial strategy and business planning. He will also supervise tax functions and corporate acquisitions. He has …

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SAIC Added to $892M IDIQ for Army IT, Engineering Services

Science Applications International Corp. (NYSE: SAI) has been added to a potential $892 million U.S. Army indefinite-delivery/indefinite-quantity contract to provide information systems engineering and IT support. Contract work will support the Army’s Information Systems Engineering Command. SAIC is one of three firms that will compete for task orders on the …

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