Federal IT services provider MartinFed has purchased service-disabled, veteran-owned small business Xcel Engineering. David Mathis, president and CEO of MartinFed, said in a statement released Thursday the company made the acquisition to broaden IT and engineering service offerings to the federal, state and local government sectors. “Xcel will mai...
By Kevin Plexico Looking back, it has been an eventful year in the government contracting industry, but there are plenty of reasons to be optimistic for the year ahead — including several trends to watch for. Last year, I wrote about significant trends for 2022 that were expected to impact how government contractors operate in...
President Joe Biden on Thursday signed into law a $1.7 trillion omnibus spending bill to fund the federal government through the end of September 2023, ABC News reported Friday. The Biden administration prevented a government shutdown with the signing of the Consolidated Appropriations Act, which includes $858 billion for defense spending and $773 b...
The year 2022 in government contracting featured new multibillion-dollar contract awards, major recompetes and some protests over agency procurement decisions. Before we shift into 2023, our editorial team is thrilled to share the most significant federal contracts of the past 12 months from Executive Mosaic’s media portfolio. Continue reading...
An Amentum subsidiary has won a five-year, $44.6 million task order to support the U.S. Agency for International Development’s human assistance bureau in implementing regional disaster management and risk reduction programs. The order, awarded under the General Services Administration’s One Acquisition Solution for Integrated Services contra...
Yang Enterprises, a woman-owned company headquartered in Florida, has won a potential $235 million indefinite-delivery/indefinite-quantity contract to help U.S. Space Force personnel operate and maintain their base operations at a military airfield located on Ascension Island in the Atlantic Ocean. Under the 10-year contract, Yang will manage facili...
By Rich Wilkinson Some folks in the government contracting world are so consumed by metrics that if there happens to be no metric for a particular thing, they question whether that thing is worth measuring at all. But just because something is hard to measure doesn’t mean it isn’t important. As we emerge from the...
M1 Support Services, a Denton, Texas-based aerospace and defense company, has received a $535.4 million contract modification from the U.S. Army for the continued delivery of aviation maintenance services to the military branch. The Department of Defense said Monday the service-disabled veteran-owned, woman-owned business will conduct work at Fort R...
South Korea has requested to purchase CH-47F Chinook helicopters, and related equipment from the U.S. government under a $1.5 billion foreign military sales agreement approved by the State Department. Boeing (NYSE: BA) will serve as the principal contractor on the possible transaction that includes 18 CH-47F helicopters, 42 T55-GA-714A engines...
Four additional companies have secured spots on a potential $25 billion contract vehicle for general management and business support services to the Department of Veterans Affairs, according to data published Wednesday on the Federal Procurement Data System. The VA added ReefPoint Group, Revolve Solutions, Strategic Ventures Consulting Group and Ten...
