By Chuck Brooks, president of Brooks Consulting International The future of innovation in both government and industry will not be distinguished by singular breakthroughs, but rather by the convergence and meshing of a number of different new technologies. Going forward, industries, national security, economic competitiveness, privacy and almost eve...
Parsons reported $6.4 billion in revenue for fiscal year 2025, while achieving record adjusted EBITDA and net income for the full year. How Did Parsons Perform Financially in Fiscal Year 2025? In an earnings release published Wednesday, the Chantilly, Virginia-based disruptive technology provider said total revenue of $6.4 billion showed a 6 pe...
Palo Alto Networks, a cybersecurity firm headquartered in California, has finalized its acquisition of identity security firm CyberArk in a transaction valued at approximately $25 billion. Palo Alto Networks said Wednesday that it will integrate the CyberArk Identity Security Platform into its Cortex and Strata platforms to deliver identity-aware se...
McLean, Virginia-based Xcelerate Solutions has promoted Chief Risk Officer Danny Olmes to president of aviation security. The company said Tuesday Olmes will lead strategic growth initiatives, operations and delivery efforts in support of the Transportation Security Administration’s programs and partnerships with federal agencies, industry par...
The General Services Administration has issued the initial list of 55 apparently successful offerors on the women-owned small business, or WOSB, pool of the Polaris governmentwide acquisition contract, or GWAC, for IT products and services. As agencies continue to refine major contract vehicles like Polaris, the broader conversation around federal I...
Parsons has received a potential five-year, $125 million task order from the U.S. Army to provide research, development and technical services for the service’s Combat Capabilities Development Command Army Research Laboratory, or DEVCOM ARL. The recent award reflects continued collaboration between the Army and industry to advance research and...
President Donald Trump has introduced a new website designed to provide patients with access to discounted prices on certain high-cost prescription drugs in the U.S. As the current administration rolls out TrumpRx.gov and highlights new efforts to reduce prescription drug costs, federal healthcare policy continues to evolve rapidly for both industry...
By Payam Pourkhomami, President & CEO of OSIbeyond CMMC Level 2 certification has shifted from a distant requirement to an immediate priority. With the DFARS acquisition rule now in effect, contractors without certification are not eligible for many defense contracts. Yet despite years of discussion about CMMC requirements, only a small fracti...
Nava Public Benefit Corp. has completed the acquisition of Beam, a cloud-based product used by government agencies to administer safety net, emergency aid and cash assistance programs. Be part of the Potomac Officers Club’s 2026 Digital Transformation Summit on April 22 to hear about the latest technologies being used by the government to...
By Chuck Brooks, president of Brooks Consulting International In 2026, government technological innovation has reached a key turning point. After years of modernization plans, pilot projects and progressive acceptance, government leaders are increasingly incorporating artificial intelligence and quantum technologies directly into mission-critical ca...
