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Information technology provider 2 Twelve Solutions has received a $93.5 million other transaction agreement to develop and implement a cloud-native platform for the U.S. Navy‘s enterprise network modernization project. The OTA award comes follows a prototyping effort that sought to demonstrate the use of 2 Twelve’s commercial technology ...

The Defense Logistics Agency has awarded Noble Supply and Logistics a 10-year, $1.2 billion contract to provide aviation supply chain management services to U.S. military and foreign military sales customers.  Noble said Tuesday it will fulfill customer direct orders, replenish military retail stock and deliver hardware and abrasives items used...

President Joe Biden has signed into law the Inflation Reduction Act in a move to reduce the U.S. deficit by $300 billion over the next 10 years. Biden said during a speech Tuesday the law sets a minimum 15 percent corporate tax rate and includes a $369 billion investment to fight the climate crisis and...

Software investment firm Thoma Bravo has finalized its purchase of SailPoint Technologies Holdings, an enterprise identity security company, in an all-cash deal worth approximately $6.9 billion. SailPoint, which previously traded on the New York Stock Exchange under the ticker symbol “SAIL,” will become a privately held company with a focus on e...

The National Institutes of Health has chosen 20 companies for the third iteration of its Business and Professional Support Services contract vehicle worth up to $49 million, according to an award notice posted Tuesday on SAM.gov. NIH intends to procure services “that are not inherently governmental” from the winning vendors. The NIHBPSS III awar...

William “Billy” Morrison, former president and CEO of Veolia Nuclear Solutions’ federal services arm, will serve as chief operating officer of waste management, federal services and commercial development and strategy at EnergySolutions. Morrison’s appointment marks his upcoming return to the Utah-headquartered nuclear services company, havi...

Six small businesses have been selected to compete for task orders to provide construction services to the U.S. Army under a $100 million contract. The Army 419th Contracting Supporting Brigade received 20 bids for the firm-fixed-price contract via the internet and will determine work locations and funds with each order, the Department of Defense sa...

Lunar lander maker Astrobotic Technology has agreed to make a stalking-horse offer for “substantially all” of the assets of Masten Space Systems, SpaceNews reported Tuesday. Astrobotic’s $4.2 million bid for Masten’s assets includes a SpaceX launch credit valued at approximately $14 million and the agreement does not preclude Masten from sol...