The Office of Strategic Capital was stood up in December of last year, marking a decisive move by the Department of Defense to direct financial support to the technology industry. OSC is particularly interested in funding projects and organizations related to “advanced materials, next-generation biotechnology and quantum computing,” per rep...
The General Services Administration has asked vendors to share their pricing and invoicing practices for software offered in term licenses as the agency looks to align commercial cloud buying practices with the Multiple Award Schedule’s information technology category. GSA’s IT category office is conducting market research on discounts t...
Emergent BioSolutions (NYSE: EBS) will further develop a licensed drug against Ebola under a potential 10-year, $704 million contract from the Department of Health and Human Services. Development services on Ebanga under the contract are valued at $121 million and the award includes a five-year option worth $583 million for the U.S. government to pr...
Parsons (NYSE: PSN) has elevated Noel Goldstein, a 24-year government services industry veteran, from senior business development director to a vice president position. Goldstein joined Parsons in February 2021. His responsibilities have included client engagement, capture management and campaign development functions for the Department of Defense a...
Pluribus Digital will help the U.S. Citizenship and Immigration Services manage biometric information under a four-year, $135 million task order awarded through the General Services Administration’s Multiple Award Schedule contract, Biometric Update reported Monday. The Falls Church, Virginia-based company was among the 10 bidders that pursued...
The federal government awarded a record $162.9 billion, or 26.5 percent of total contracting dollars, to small businesses in fiscal year 2022, an increase of $8.7 billion from the prior year, according to the Small Business Administration. SBA said Tuesday last year’s prime contracting rate surpassed the 23 percent annual target, while small b...
NASA has launched a full and open competition for interested vendors to design and build a single-channel, near-infrared optical detector for the National Oceanic and Atmospheric Administration’s Geostationary Extended Observations satellite system. The space agency intends to award a 15-year cost-plus-award-fee contract for the development of...
The General Services Administration has awarded contracts to eight U.S. carriers to provide discounted airfares to to federal travelers during the government’s 2024 fiscal year. GSA said the selected airlines will offer an estimated 53 percent discount on airfare rates for official government air travel starting Oct. 1 through the agency’...
Each year, the federal government allocates substantial funding toward defense and security contracts. Government agencies, such as the Department of Defense and the US Armed Forces, tap into the expertise of multiple companies dedicated to developing and providing cutting-edge solutions for defense and warfare initiatives across various domains, su...
The Small Business Administration has finalized its rule to increase access and diversify its existing funding program for small businesses and startups in underserved communities. SBA said Monday the new rule will take effect Aug. 17 to modernize the Small Business Investment Company program by introducing an alternative borrowing structure to alig...
