A joint venture between KAIVA Tech and DRT Strategies has secured a $100 million contract from the Food and Drug Administration for professional, administrative and consulting services. DRT said Tuesday KAIVA Strategies will provide the FDA with subject matter expertise and consulting in IT, science and medicine, finance, and communications over a f...
The U.S. Navy has unveiled the latest iteration of its Navy Cyber Defense Command system in an effort to deliver cybersecurity risk insights to naval commanders. Commenting on the release, Mike Dettman, assistant program manager of Cyber Situational Awareness Portfolio within the Navy’s Cybersecurity Program Office (PMW 130), said, “This...
The Department of Defense has issued the final rule for a certification program that seeks to verify whether defense contractors comply with existing cybersecurity protections for federal contract information and controlled unclassified information. DOD said Friday the final rule for the Cybersecurity Maturity Model Certification program is expected...
Sean Vineyard was appointed vice president of business development for military and veteran health at Tria Federal, according to the executive’s announcement via a LinkedIn post. The senior leader has nearly two decades of experience in business strategy, business development and customer success gained from working as a risk management, finan...
Executive Mosaic’s GovCon Index closed higher at $5,505.35 (+1.44%) after recovering from a steep 1.05% decline on Thursday. The index, which tracks the stock performance of 30 major government contractors, posted a 0.65% week-on-week gain, maintaining its winning run. Wall Street’s major stock indexes also finished strong before ...
The Department of Homeland Security intends to launch a competition for a follow-on contract to procure business and logistics support services for the U.S. Coast Guard. According to a notice published Tuesday on the Acquisition Planning Forecast System, DHS expects the blanket purchase agreement to amount over $100 million and anticipates the relea...
“Inside Cyber: How AI, 5G, and Quantum Computing Will Transform Privacy and Our Security” by Chuck Brooks is a must-read for anyone who wants to understand and take advantage of the next wave of technological progress. Brooks is a well-known executive and adviser who breaks down complicated technological trends into easy-to-understand insights....
C Speed, a product development and engineering services company, was acquired by NewSpring and added to the private equity firm’s portfolio of businesses that provide government customers with mission support products and services. The firm said C Speed brings to the NewSpring Holdings Federal Platform three decades of experience in offering a...
A Raymond James (NYSE: RJF) report has found that the volume of merger and acquisition-related transactions in the government technology solutions market dropped 12 percent in the third quarter of 2024 compared with the same period last year. According to the company’s quarterly market update, despite the decline in Q3 2024 M&A deal volume...
The State Department has approved Italy’s foreign military sale request to purchase the Electronic Attack Mission System and related equipment valued at an estimated $680 million. The Defense Security Cooperation Agency said Monday Italy asked to acquire the Electronic Attack-37B mission system and non-major defense equipment, including n...
