Executive Mosaic’s GovCon Index inched lower Friday but the substantial gains in three of four trading sessions averted a fourth straight weekly loss. The index, which tracks the stock performances of 30 major government contractors, advanced 1.89% week-on-week to finish higher at $4,979.17. The S&P 500 (+0.6%) and Nasdaq Composite (+0.003%) h...
The Department of the Treasury is soliciting public comments on a proposed rule to implement a 2023 executive order that seeks to prevent U.S. outbound investments from being exploited by foreign countries of concern seeking to build sensitive technology products that pose national security risks. The Treasury said Friday the EO intends to establish...
Material Security is the synergistic brainchild of three entrepreneurial technologists: Chairman Ryan Noon, Vice President of Engineering Chris Park and CEO Abhishek Agrawal. The unfortunate milestone of government cyber attacks in 2016 prompted the trio to found the organization and develop no-nonsense, effective security products and services. Th...
As one of the Department of Defense’s 14 critical technology areas, artificial intelligence has taken center stage in the organization’s research and development endeavors. According to Matt Turek, deputy director of the Defense Advanced Research Projects Agency’s Information Innovation Office, approximately 70 percent of the agency’s progr...
The Defense Innovation Unit has begun the strategic allocation of its fiscal year 2024 budget worth approximately $983 million to advance its DIU 3.0 strategy aimed at accelerating and expanding the delivery of commercial technology platforms to warfighters. DIU said Thursday it will allocate its FY 2024 budget across four categories designed to acc...
The Army’s 100-day investigation of risks tied to artificial intelligence implementation is coming to a close, and now, the service branch is exploring what the findings mean for the next phase of its AI journey. Dan Andrew, software systems architect with the Office of the Deputy Assistant Secretary of the Army for Data, Engineering and...
By Payam Pourkhomami, President & CEO of OSIbeyond Recently, we shed light on the intricacies of Cybersecurity Maturity Model Certification 2.0 third-party assessments and their role in strengthening the cybersecurity framework for Department of Defense contractors. However, achieving initial compliance is just the beginning. The real challenge ...
Candice Ling, federal sector leader at Microsoft, received her 2024 Wash100 Award during a recent meeting with Jim Garrettson, CEO of Executive Mosaic and founder of the recognition. Each year, Wash100 celebrates the triumphs of the most distinguished executives in the government contracting industry. Winners of a Wash100 Award are th...
The cyber threat landscape is ever changing, and businesses can’t afford for their cybersecurity posture to lag behind. According to cyber experts, there are a few key tips that can help organizations of any size improve their cyber hygiene and better protect themselves against growing threats. Implement National Cybersecurity Standards The Nation...
Robert Cursio, formerly CEO of consulting firm Logstrateco, has been appointed subsidiary president of Wolf Creek Federal Services and Chugach Federal Services, the two wholly owned subsidiaries of Chugach Government Solutions. Cursio said in a statement Wednesday, “My focus will be on creating opportunities and capabilities that reinforce our c...
