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...
ExecutiveBiz featured Yancey Hall, chief growth officer at Isobar Public Sector, in its most recent Executive Spotlight interview published Tuesday. He discussed the efforts to ensure the company workforce’s long-term success as well as the initiatives to help federal agencies address significant challenges. The Q&A also tackled the implem...
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...
Client Solution Architects has added GovCon industry veterans Tim Spadafore and Ronald “Fog” Hahn to its executive leadership team as chief operating officer and chief growth officer, respectively. Tim Spadafore, Chief Operating Officer of Client Solution Architects CSA said Tuesday it made the appointments as the Pennsylvania-based technology a...
The Department of Homeland Security and the General Services Administration have extended the deadlines for solicitation responses to two separate information technology contracts reserved for small businesses. DHS posted a notice Thursday on SAM.gov to inform vendors of a 14-day extension and they can submit second phase bids for FirstSource III co...
Italy-based space logistics provider D-Orbit and Breeze Holdings Acquisition (Nasdaq: BREZ), a special purpose acquisition company, have agreed to drop their plans to merge due to changes in market conditions. In January, the two companies entered into a merger agreement that would result in D-Orbit becoming a publicly traded company with an enterpr...
