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The Internal Revenue Service has awarded ID.me a blanket purchase agreement under the General Services Administration’s Federal Supply Schedule for identity verification and authentication products and services. The agreement is valued at up to $1 billion with an ordering completion date of Dec. 29, 2030, according to a notice on the Federal P...
L3Harris Technologies has agreed to sell a controlling stake in its space propulsion and power systems business to private equity firm AE Industrial Partners in a deal valued at $845 million. Under the agreement, L3Harris will retain an approximately 40 percent ownership interest in the business, while its RS-25 rocket engine program will remain out...
By Payam Pourkhomami, President & CEO of OSIbeyond CMMC Phase 1 officially began on November 10, 2025, but many defense contractors are still unsure if they’re fully ready for it. The confusion is understandable considering the years of delays and evolving requirements. Adding to the pressure, major defense primes like Lockheed Martin, B...
Arlington Capital Partners has announced the sale of Stellant Systems, a manufacturer of radio frequency and microwave amplification products, to aircraft components supplier TransDigm Group for $960 million. Arlington said Wednesday that it expects the acquisition to close in 2026. What Is Stellant Systems? Stellant Systems was established in 2021,...
The U.S. Air Force has awarded Lockheed Martin a contract with a ceiling value of $328.5 million to support the production of infrared sensing and navigation hardware for Taiwan under the foreign military sales program. What Does the Lockheed IRST Contract Cover? The sole-source contract supports Infrared Search and Track, Sniper, and Low Altitude N...
Senior leaders overseeing the federal government’s electronic health record modernization effort will take the stage at Potomac Officers Club’s 2025 Healthcare Summit, where Bill Tinston and Cori Hughes will participate in a keynote-level fireside chat focused on the future of EHR systems, data integration and legacy technology retiremen...
BigBear.ai has completed its acquisition of Ask Sage, a generative artificial intelligence platform designed for government and regulated industries, in a cash transaction valued at approximately $250 million. How Does the Ask Sage Acquisition Benefit BigBear.ai? BigBear.ai said Wednesday the transaction will help expand its presence across de...
The U.S. Navy has released a draft solicitation for a potential nine-year, $321.7 million multiple-award contract to identify contractors that could support the revision and sustainment of pilot and aircrew training curriculum across Navy and Marine Corps aviation programs. The effort, known as Pilot and Aircrew Curriculum Revision and Maintenance I...
The General Services Administration continues to advance the One Acquisition Solution for Integrated Services Plus, or OASIS+, contract vehicle through Phase II, marked by expanded service domains and the release of draft scorecards and contract modifications. Be part of the conversation shaping government technology at the Potomac Officers ClubR...
The Department of War administers the Cybersecurity Maturity Model Certification, or CMMC, 2.0 program to strengthen cybersecurity across the defense industrial base, or DIB, and reduce supply chain risk from persistent cyber threats. The Potomac Officers Club’s 2026 Cyber Summit, scheduled for May 21, will convene government and industry...
