Client Solution Architects, a digital transformation and IT services consulting firm, is positioned at a critical point in the GovCon market. After successfully graduating from the Small Business Administration program, CSA has transitioned from a small-sized business to a mid-tier organization that competes with some of GovCon’s big players. GovC...
Broadcom‘s (Nasdaq: AVGO) bid to purchase VMware (NYSE: VMW) via an approximately $61 billion cash-and-stock transaction has secured the approval of stockholders at the cloud and virtualization technology vendor. VMware’s shareholders voted in favor of the acquisition at a special meeting held Friday, the company said. The vote occurred five...
Caterpillar (NYSE: CAT) will compete to supply equipment for military construction projects under a Defense Logistics Agency contract worth potentially $1.28 billion over five years. DLA received three responses to a competitive acquisition process for the economic-price-adjustment, indefinite-delivery requirements type contract, the Defense Departm...
Global supply chain issues have significantly impacted the government contracting ecosystem in recent years, calling attention to the need for speed in federal acquisition, procurement and manufacturing processes. Kicking off GovCon Wire’s 3rd Annual Defense Digital Acquisition and Innovation Forum, Lt. Gen. David Bassett illustrated the...
Baird will host its highly anticipated 2022 Government & Defense Conference on Thursday, Nov. 17th featuring heavyweight executives to the government contracting (GovCon) community as well as current and former government officials who will discuss a wide range of critical topics, including intelligence, space and defense challenges and top...
Over the last couple of years, workforce shifts due in large part to the COVID-19 pandemic have hastened the transition from hardware and software-based procurement processes to cloud-stored models. Since many government workers started to work from home in (relatively) recent times, agencies began to look toward doing business through cloud-based, ...
Parsons (NYSE: PSN) saw its third quarter revenue for fiscal year 2022 jump 19 percent to $1.13 billion and attributed the sales growth to ramp-up of contract work and increased hiring activity. The Centreville, Virginia-based contractor said Wednesday it posted $1.3 billion in Q3 2022 net bookings with a book-to-bill ratio of 1.1x and ended...
The current government contracting landscape is one marked by a variety of factors like heightened competition, talent shortages, immense opportunity and significant growth. To understand how executives can succeed most effectively, Executive Mosaic asked five key industry figures what advice they would impart to individuals pursuing growth in...
It is fairly common knowledge that the defense industry has historically lagged behind the technological progress of the private sector. This is largely due to the intentional stance of allowing citizens to be the first adopters of new technologies while those in the defense sphere take a “wait and see” approach. This strategy ensures that...
The Department of Homeland Security is seeking industry comments on its draft synopsis and vendor selection criteria for a follow-on architectural engineering services contract vehicle with a potential ceiling value of $1 billion over 10 years. General architect-engineer services under the multiple-award indefinite-deliver/indefinite-quantity contra...
