WT 360: How software shapes the market’s M&A landscape
Jean Stack and John Song, co-managing directors at Baird & Co.’s government practice, join to go over the tech-centric areas of heated demand for acquirers and the fundamentals that drive M&A activity. The nature of mergers and acquisitions in the government market is changing and our 2024 roundup of closed transactions further illustrates that evolution toward technology-enabled capabilities, […]
Scout AI emerges from stealth with $15M in seed capital
Booz Allen Hamilton’s venture arm was a co-lead in the initial investment round, from which the company plans to further pursue its strategy of integrating artificial intelligence and robotics technologies. Scout AI, a unmanned vehicle manufacturing and autonomy software startup, has fetched $15 million in seed capital from investors to mark its emergence from stealth mode. […]
COMMENTARY: Trump officials explain his plan to make government acquisition great, for once
Three senior Trump officials explain why revamping the Federal Acquisition Regulation, and the $1 trillion in government spending it governs each year, is now a top priority. Federal procurement policy is often a laughingstock — and for good reason. Stories of the government paying for $10,000 toilet seats, $1,200 coffee cups and $16,000 minifridges abound. Waste, […]
Space Force’s intelligence ‘marketplace’ gets funds to expand
Military units post requests to TacSRT’s webpage, and industry competes to answer them. COLORADO SPRINGS, Colo.—A Space Force program that buys commercial satellite imagery and analytics has seen success across combatant commands—and with a plus-up from Congress, the service hopes to give commands more information and new tools. Called Tactical Surveillance, Reconnaissance, and Tracking, or TacSRT, […]