In the world of government contracting, small business owners and government contractors face a crucial decision when it comes to choosing the right contract type. Understanding the differences between Other Transaction Authority (OTA) contracts and Federal Acquisition Regulation (FAR) based contracts is essential for making informed decisions that ...
Advanced engineering and technology company Amentum over the last year merged with two Jacobs businesses to form what Raymond James Equity Capital Markets Managing Director Brian Gesuale calls the “biggest solutions provider in this space, if you look at scale against all the peers in the public markets.” This dominance is achi...
John Boyle, a C-level executive with extensive experience in federal contracting and technology sectors, was appointed CEO of Lawelawe Defense Inc., a Native Hawaiian-owned Small Business Administration certified 8(a) small disadvantaged business, GovCon Wire has learned. Boyle will drive innovation and strategic growth for Lawelawe Defense, expand ...
Executive Mosaic’s GovCon Index rose 0.33% Friday to $5,617.83, its highest close on record. The index, which tracks the stock performances of 30 major government contractors, registered a 2.04% week-on-week gain. It also matched the six-week winning streaks of the Dow Jones Industrial Average and S&P 500 Index. The blue-chip Dow Jones (+1...
The AUKUS agreement — a trilateral security pact between the U.S., U.K. and Australia — was first announced in September 2021. As the partnership enters its fourth year, leaders across AUKUS nations are looking to continue their momentum by continuing to cultivate an integrated innovation environment. During a panel discussion at the Potomac Off...
Marisa Andrews, a veteran capture and business development professional, has been appointed chief growth officer for federal at Acuity International. The company said Wednesday Andrews will spearhead the company’s growth strategy leveraging her vast experience in capture management to acquire and maintain new business opportunities acros...
The Defense Security Cooperation Agency has seen a drastic increase in foreign military sales in recent years, fueled by the increasingly complex geopolitical landscape. According to DSCA Director Mike Miller, the agency has seen an “unprecedented surge” in demand for FMS. In a keynote address at the Potomac Officers Club’s GovCon In...
Anchored at $107.9 billion, the Department of Homeland Security’s fiscal year 2025 budget request represents a $4.5 billion increase over its FY 2024 request. With these allocations, which include $62.2 billion in discretionary funding, DHS aims to rise to evolving homeland security challenges shaped by new technologies and other shifts in today...
A joint venture between KAIVA Tech and DRT Strategies has secured a $100 million contract from the Food and Drug Administration for professional, administrative and consulting services. DRT said Tuesday KAIVA Strategies will provide the FDA with subject matter expertise and consulting in IT, science and medicine, finance, and communications over a f...
Federal contractor Core4ce has acquired Azimuth as part of a push to expand its national security capabilities in intelligence, surveillance and reconnaissance, threat protection, artificial intelligence and machine learning and warfighter support. Core4ce said Tuesday Azimuth President and CEO Valerie Rossi will join the company as senior vice pres...
