Protests continue for $10B State enterprise IT vehicle
Challenges from two companies remain active as the State Department works to field its main enterprise IT services vehicle. Two companies have dropped their protests of a $10 billion State Department contract, but a pair of other challenges remain active. KPMG dropped its objections Thursday and TekSnap withdrew on July 9. Both protesters challenged how their proposals […]
Piper Sandler to acquire G Squared Capital Partners
Minneapolis-headquartered Piper Sandler views the GovCon landscape as a path for expanding its technology investment banking practice. Piper Sandler, a global investment bank and financial services company, is making a foray into the GovCon landscape by acquiring the boutique investment bank G Squared Capital Partners. Founded in 2020 by Greg Nossaman and Greg Woodford, G Squared […]
V2X wins $4.3B T-6 logistics contract
The contract covers support of 739 total planes across the Air Force, Army and Navy. V2X has won a potential nine-year, $4.3 billion contract to provide supply and other logistics services for the Air Force’s fleet of T-6 jets that are used in pilot training programs. The Air Force received three offers in total for the […]
Trump nominates financial executive to be GSA administrator
The nominee, Ed Forst, is a longtime Goldman Sachs alum. The White House has named financial executive Edward Forst as nominee for the head of the General Services Administration, seven months into President Donald Trump’s second administration. Forst is currently the chairman of Lion Capital, a British private equity firm. He previously worked at commercial real […]
Palantir signs $10B enterprise agreement with Army
The deal consolidates 75 contracts and will drive more AI-powered data analysis capabilities. The Army is consolidating 75 contracts into a single enterprise agreement with Palantir that will last for 10 years and have a ceiling of up to $10 billion. The enterprise agreement covers 15 prime contracts and 60 related contracts, which the Army says […]