The General Services Administration has awarded 48 vendors positions on the women-owned small business, or WOSB, pool of the Polaris governmentwide acquisition contract, or GWAC, for IT products and services. The latest round of awards under a governmentwide IT contract vehicle underscores the continued demand for agile, high-performing techno...
By Chuck Brooks, president of Brooks Consulting International and one of Executive Mosaic’s GovCon Experts In the current digital environment, supply chains are essential to national security, vital infrastructure and international trade. They have, however, also emerged as one of the most often used attack methods in cybersecurity. Cybercrimi...
ARCTEC Alaska, a joint venture between ASRC Federal and ATCO, has secured a 10-year, $596 million contract from the U.S. Air Force to provide facility operations and maintenance services for the Alaska Radar System. Programs such as the Alaska Radar System maintenance contract underscore the importance of resilient air and space infra...
The General Services Administration has unveiled the first phase of awards under the Alliant 3 governmentwide acquisition contract, a multiple-award vehicle supporting federal IT modernization. The Potomac Officers Club’s 2026 Digital Transformation Summit on April 22 will highlight forward-looking strategies in AI, cybersecurity, user ex...
President Donald Trump said he plans to raise the 10 percent worldwide tariff to 15 percent — the maximum rate permitted under Section 122 of the Trade Act of 1974. In a Truth Social post Saturday, Trump said the increase would take effect “immediately” and described the 15 percent level as “fully allowed” under the...
The U.S. Navy is seeking a vessel construction manager, or VCM, to lead the procurement and buildout of medium landing ships, a key platform for future Marine Corps operations. Naval Sea Systems Command said Wednesday that the selected VCM will manage work at Bollinger Shipyards and Fincantieri Marinette Marine, which secured contracts in Septe...
The Federal Aviation Administration has awarded a potential five-year, $437.4 million contract to ASRC Federal Advanced Research to provide second-level engineering services supporting the National Airspace System. Awarded on Tuesday as an 8(a) set-aside, the contract consists of a one-year base period followed by four one-year options. The award de...
Veritas Capital has closed its ninth flagship fund and related vehicles at $15.3 billion, expanding its capital base despite a challenging global fundraising environment. How Does Fund IX Compare to Prior Veritas Funds? The New York-based investment firm said Tuesday the Fund IX close represents a 40 percent increase over its predecessor fund, which...
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...
