Salient Federal Solutions and CRGT said Tuesday they have agreed to merge to create a $375 million IT services contractor. The move is the latest effort by federal contractors to get bigger as shrinking budgets put pressure on costs. In recent months, Harris has bought Exelis, Engility has purchased TASC and Science Applications International Corp. has acquired Scitor. The new company, which will have more than 1,700 employees, will be known as Salient CRGT and led by Brad Antle, the...
