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Business/Financial

Jacobs Engineering Acquires Government IT Business From TechTeam Global

DDN

Tuesday, October 12th, 2010

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Jacobs Engineering Group [JEC] last week acquired the government solutions subsidiary of TechTeam Global Inc. [TEAM], for $43 million in cash, boosting its capabilities and presence in the strategic consulting and information technology services market for federal customers. TechTeam Government Solutions Inc., which has 500 employees, serves a number of federal agencies, including the National Institutes of Health, Army, Corps of Engineers, and the Departments of Agriculture and Homeland Security. The business has consulting capabilities in organizational change management and…

Congress

SASC’s FY ‘27 NDAA Sticks With Army’s Plan For Legacy Aviation Procurement Cuts

The Senate Armed Services Committee’s (SASC) version of the next defense policy sticks to the Army’s proposed plan to cut procurement of its legacy aviation fleet, and does not authorize […]

Congress

SASC Approves $1.14 Trillion FY ‘27 NDAA With ‘Right to Repair’ Reform, Stock Buyback Restriction

The Senate Armed Services Committee (SASC) has approved its $1.14 trillion version of the next defense policy bill, adopting “right to repair” reform to provide the military services’ greater ability […]

Congress

House Appropriators Unveil $1.07 Trillion FY ‘27 Defense Bill, Restore Funds For E-7, Army Aviation

House appropriators on Wednesday released their $1.07 trillion fiscal year 2027 defense spending bill, with the legislation reversing Army aviation cuts, restoring funding for the Air Force’s E-7 Wedgetail program […]

Congress

MOSA Implementation By Pentagon Lagging, GAO Official Says

While the Modular Open Systems Approach (MOSA) has been a requirement for major defense acquisition programs since January 2019 and other Defense Department acquisitions since January 2021, few programs are […]