Peraton questions loss of $1.5B Strategic Command program
The company is alleging a conflict-of-interest and raising concerns about how its proposal was evaluated. Peraton is battling back after losing a $1.5 billion task order to support a long-time customer. General Dynamics IT won the order to provide a wide range of IT services to the U.S. Strategic Command, including support for classified and unclassified […]
Rune Technologies fetches $24M in Series A capital
The company emerged out of stealth mode only months ago and is pushing the development of its operating system for military logistics operators. Rune Technologies, a startup focused on developing software for military logistics missions, has captured $24 million in Series A capital from investors to fund the further development of its product and hiring efforts. […]
Noblis’ venture arm backs generative AI company
The nonprofit firm’s vehicle for investing in startups takes it to a company that works with organizations on adopting artificial intelligence and stay within their security and regulatory guardrails. Noblis’ venture capital arm has invested in Prediction Guard, a cloud software company that develops artificial intelligence systems for high-security environments. Prediction Guard opened for business in […]
COMMENTARY: New OMB memo ignores the small business impacts of contract consolidation
The federal government’s push to centralize procurement at the General Services Administration disregards the history of how strategic sourcing initiatives hurt small business participation. The Office of Management and Budget’s new memo that describes how more procurement activity will be consolidated at the General Services Administration never uses the term “small business.” But the memo’s impact on […]