DMI, which was founded in 2002, specializes in areas including application development, mobile strategy, system integration and cybersecurity.
Jay Sunny Bajaj, the company’s founder and chief executive, said the purchase of Mission Critical Wireless will help DMI expand its work managing mobile devices and mobile infrastructure. Additionally, it will give DMI more commercial business.
Mission Critical Wireless will function as a wholly-owned subsidiary, Bajaj said.
Serco protest denied
The Government Accountability Office earlier this month denied Reston-based Serco’s protest of an award issued by the Department of Homeland Security’s U.S. Citizenship and Immigration Services agency.
Serco argued that the agency, which selected Falls Church-based U.S. Investigations Services’s Professional Services Division to operate its application support centers, made errors in its evaluation and treated the two companies differently.
The GAO found that the evidence did not back Serco’s claims and rejected the company’s protest.
CACI posts lower profit
Despite reduced profit and sales, Arlington-based
’s chief remained bullish last week.
The company saw profit in the fourth quarter drop 5.5 percent to $43.4 million ($1.59 per share), down from $45.9 million ($1.44) in the same period a year earlier. Sales declined 1.5 percent to $948.9 million.
Still, profit for the year rose to $167.5 million ($5.96 a share), up more than 16 percent from $144.2 million ($4.61) in 2011.
Daniel D. Allen, CACI’s president and chief executive, said the contractor is preparing for the possibility of automatic federal spending cuts in January but is hoping that the breadth of its programs — which number about 2,200 — will help protect it.
CACI hired over 4,000 employees last year and still has 400 open slots, he added.
IGate heads to Sterling
Fremont, Calif.-based technology consulting company iGate has announced it has opened a facility in Loudoun County meant to expand the company’s government work.
Timothy Coffin, president of iGate Government Solutions, said in an interview that the company previously opened a small McLean office focused on business development.
“In order to service the federal government, you have to be near them,” he said.
The Loudoun facility has room for about 100 employees, and Coffin said between 30 and 40 have started working there. The company plans to eventually expand the facility to accommodate about 250 workers.
Coffin shrugged off concerns about declining federal spending.
“When you look at the federal government IT budget, it’s shrinking, but when you take a cup of water out of the ocean there’s still a pretty big ocean left,” he said.