Bank of America’s global crypto and digital asset specialists forecast that the U.S. could advance and introduce a central bank digital currency as early as 2025, BloombergQuint reported Tuesday. CBDCs “are an inevitable evolution of today’s electronic currencies,” BofA strategists Alkesh Shah and Andrew Moss wrote in the report. Both st...
Rich Wilkinson, director of product marketing for Unanet and a GovCon Expert, has published the first of a two-part article to shed a light on six sources of pressure that GovCon Expert Rich Wilkinson expects will shape the GovCon business and impact company strategy in the year ahead — and likely beyond. The first three...
Six senators have urged Treasury Secretary Janet Yellen to issue informal guidance providing the definition of “broker” of cryptocurrency and other digital assets in a provision of the Infrastructure Investment and Jobs Act. Section 80603 of the law seeks to “provide more certainty for Americans looking to invest in these digital assets, ensur...
Having millions and even billions of dollars recurring spending, the United States government and its federal agencies are known to be the world’s largest buyer of products and services. The federal government buys almost everything they need from big and small businesses. To quickly obtain their needs, the federal government made government c...
New York-based cybersecurity services provider BlueVoyant has purchased 202 Group for an undisclosed sum in a move to bring a supply chain risk management offering to the federal market. The combined entity aims to offer an integrated offering that will work to help government customers manage potential risks to vendor ecosystems across agency progr...
Amentum has agreed to acquire PAE (Nasdaq: PAE) in an all-cash transaction valued at approximately $1.9 billion as part of efforts to establish a technology services provider serving U.S. federal agencies and allied governments. PAE’s board of directors approved the transaction that is expected to be completed by the end of the first quarter of...
Mick Fox, chief operating officer for Technomile, published his latest feature article as a member of Executive Mosaic’s GovCon Expert program on Thursday. Previously, GovCon Expert Mick Fox provided an informative guide in a two-part feature breaking down contract lifecycle management (CLM) in the federal landscape today. For his latest piece, Fo...
Government contractors came from private companies that manufacture goods and services for government establishments. This group of people is like government organizations that come in different shapes and sizes. A group of government contracting companies is hired by the government when their contracts win through bidding. U.S Government contracts ...
Thirteen lawmakers have expressed their support for Lockheed Martin‘s (NYSE: LMT) proposed acquisition of Aerojet Rocketdyne (NYSE: AJRD) in their joint letter to Kathleen Hicks, deputy secretary at the Department of Defense, Reuters reported Wednesday. Lockheed first announced its move to acquire the rocket propulsion maker for approximately ...
A joint venture of Goldschmitt & Associates and Central Research Inc. will continue to maintain, enhance and operate the Small Business Administration’s software-as-a-service platform for the Paycheck Protection Program and provide call center support under a potential 12-month, $136.4 million contract with SBA. SBA conducted a market research...
