A Note From Our President & Founder Jim Garrettson
Could GovCon see at least one more blockbuster merger-and-acquisition deal in 2015?
One week after Aerojet Rocketdyne’s $2 billion bid for the United Launch Alliancewas rejected, the propulsion technology maker may still be charting course in its pursuit for the Boeing-Lockheed Martin joint venture.
A Reuters report posted Thursday night says Aerojet’s parent company is exploring options for a potential acquisition of ULA and is considering whether to increase its offer for the Colorado-based joint venture that launches payloads for government agencies on heavy-lift rockets.
If the bid is successful, a combination of Aerojet and ULA would be formidable in a crowded launch market with new entries such as Elon Musk’s SpaceX outfit.
Boeing and Lockheed formed ULA as a 50-50 joint venture in 2006 and the business ranks 19th in Bloomberg Government’s 2015 list of GovCon’s top 200 vendors.
This latest development surfaced in the same week that ULA unveiled more details on its future “Vulcan” rocket and the industry partners that will participate in the venture’s push to build a heavy-lift platform with U.S.-made components only.
From 2019, Orbital ATK will be the sole manufacturer and supplier of Vulcan’s solid boosters and will succeed Aerojet as provider of motors to ULA for the currently used Atlas V rocket.
ULA first unveiled Vulcan in April and said Amazon.com founder Jeff Bezos’ Blue Origin startup would build a U.S.-made engine to replace the Russian RD-180 that powers Atlas V.
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We also learned this week that the Office of Personnel Management has revised its original estimate of how many sets of federal employees’ fingerprints were stolen in the April hack on OPM’s information systems.
OPM now says more than 5.6 million fingerprint sets were compromised in that breach, a nearly fivefold increase from the agency’s original estimate of 1.1 million sets.
With this backdrop in mind, we are looking forward to the Potomac Officers Club’s 2015 Cybersecurity Summit on Oct. 15 with Navy Adm. Michael Rogers, head of the National Security Agency and Cyber Command, lined up as the headline speaker.
Rogers took the helm of NSA and Cybercom in April 2014 and will offer executive attendees an update on the military’s cybersecurity efforts and his work with other parts of government to shore up U.S. computer networks.
Click here to sign up for this important and timely event, as well as to view POC’s full calendar.
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The Potomac Officers Club’s “CIO Speaker Series” for the summer and early fall of 2015 concluded Thursday in Falls Church, Va. with a look at the General Services Administration and its role in acquisitions for federal agencies.
Event number five took place under the theme of “Innovation in Acquisitions” and focused on GSA’s current initiatives to acquire information technology and professional services, help agencies keep pace with rapidly changing technologies and how industry can work closer with GSA to make large, long-term programs work.
Chris Hamm, who leads GSA’s FEDSIM organization, gave the keynote address to the GovCon and government executive audience and offered insight into his organization’s work with other agencies to use different contracting methods to drive outcomes and speed up acquisitions.
Hamm offered our site ExecutiveGov a preview of his agenda in the leadup to the event and you can read a summary of our chat with him in this story posted Tuesday.
The event transitioned from the keynote to a four-person panel of GSA officials that featured Hamm with Michael Donaldson, FEDSIM’s director of defense enterprise services; Kristen Knapper, FEDSIM’s civilian services director; and Jim Ghiloni, GSA’s professional services program management executive.
On May 12, 2021, President Biden issued an executive order on improving the nation’s cybersecurity. In the year since the executive order’s release, the federal government has implemented a host of cybersecurity initiatives, standards and policy measures to protect agencies and their industry partners against the increasing threat of cyber attacks. March 2022 saw three notable
Executive Mosaic has featured Federal Chief Information Officer Clare Martorana in the 2022 Wash100 class for her leadership in governmentwide information technology cybersecurity and public service delivery innovation. This recognition marks her entry into Executive Mosaic’s annual list of leaders who shape the government contracting environment from both public and private sector angles. Martorana has
The Office of Management and Budget is soliciting feedback through a set of questions to inform the implementation of the National Institute of Standards and Technology’s guidance detailing best practices to improve the security of the software supply chain in accordance with a cybersecurity executive order signed in May 2021. On Feb. 4, NIST released
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