Musk’s role as ‘special government employee’ raises ethics questions
The SpaceX founder and CEO’s moves across federal agencies break with tradition and could result in legal action. With Elon Musk now named a “special government employee,” even more questions about ethics and conflicts of interest in the Trump administration are being raised. In general, a special government employee serves in an advisory capacity to lend their expertise […]
Govplace gets new private equity owner
Jay Sunny Bajaj’s DigiCap firm completes its first acquisition in the federal market. Govplace, a public sector IT distributor and integrator focused on secure offerings, has agreed to be acquired by private equity firm Digital Capital Partners and become the latter’s first federal market portfolio company. DigiCap’s chief executive is its founder Jay Sunny Bajaj, who […]
Parsons acquires environmental cleanup tech provider for $36M
Parsons is looking to enhance its offerings for government and infrastructure customers looking to remove hazardous and toxic materials. Parsons Corp. has acquired environmental remediation technology provider TRS Group for approximately $36 million in a move to further build out offerings for removing what are commonly called “forever chemicals.” TRS Group opened for business in 2000 […]
Special Aerospace Services promotes Kohm to CEO
Warren Kohm will lead the next phase of SAS’ strategy following its acquisitions of three other businesses with Godspeed Capital’s backing. Special Aerospace Services, the Godspeed Capital-backed space and missile defense engineering firm, has promoted Warren Kohm from chief financial officer to CEO in a move that takes effect immediately. SAS has also hired Kohm’s successor […]