Accounting firm EY will continue to perform audits of the annual U.S. Army general fund and train the service branch’s financial management personnel under a $370 million contract modification. The company is currently assisting the Army in efforts to manage business process gaps and corrective measures, the Department of Defense said Monday. ...
Biometric data and technologies are being deployed within multiple federal agencies to boost the accuracy of identity verification and free up human decision makers for other, more complex and cognitive tasks, according to federal officials. However, an expansion of capabilities is necessary to fully reap the benefits and address the existing issues...
A Wolf Den Associates analysis of the federal market shows that mergers and acquisitions in 2021 exceeded expectations when it comes to deal volume and valuations. The McLean, Virginia-based consulting firm reported the sector saw a 38 percent rise in M&A transaction volume during 2021 and a 1 to 5 percent decline in valuations. The...
The General Services Administration is soliciting input from industry as it plans to launch a follow-on acquisition for the Commercial Platforms program in accordance with a provision of the fiscal year 2018 National Defense Authorization Act, which seeks to create an initiative to enable federal agencies to buy commercial items through e-commerce p...
Bob Kolasky is set to join Exiger as senior vice president for critical infrastructure after serving as director of the Cybersecurity and Infrastructure Security Agency’s National Risk Management Center for more than three years. He will oversee the go-to-market strategy at Exiger and its efforts to deliver artificial intelligence-based techno...
Boeing (NYSE: BA) will deliver six additional MH-47G Block II Chinook helicopters to the U.S. Army’s Special Operations Aviation Command under a $195 million contract. The company said Thursday it will perform production work primarily at a facility in Philadelphia and expects to start its delivery of the upgraded rotary-wing military aircraft to ...
A new McAleese & Associates report says most defense prime contractors recorded a 2 percent to 3 percent increase in sales during 2021. Jim McAleese, founder of McAleese & Associates and a three-time Wash100 winner, presented an analysis of the fourth-quarter and full-year 2021 financial performance of Boeing (NYSE: BA), General Dynamics (NY...
Executive Mosaic has introduced Jennifer Ewbank, deputy director of digital innovation at the CIA, as the latest inductee into the 2022 Wash100 to recognize her strategic vision in emerging technology and national cybersecurity areas. This marks the first time Ewbank has been selected to Executive Mosaic’s annual list of business and federal a...
Valiant Integrated Services will provide training support to the U.S. Army Special Operations Command under a $150 million single-award contract. Dan Corbett, CEO of Valiant, said in a statement released Wednesday the company has supported USASOC and other special operations commands since 2005. “We’re honored to continue our support to this cri...
Scott Bauguess, a 12-year veteran of the Securities and Exchange Commission, has joined cryptocurrency exchange platform operator Coinbase as vice president of global regulatory policy. He announced his new role Monday in a LinkedIn post and shared that developments in the crypto ecosystem from a policy perspective encouraged him to become involve...
