SEC to drop high-profile SolarWinds hack lawsuit
The landmark lawsuit garnered pushback from dozens of cybersecurity leaders last year. The Securities and Exchange Commission on Thursday said it will dismiss a lawsuit against SolarWinds that had accused the company of making fraudulent statements that misled investors about its cybersecurity posture. The suit, initially filed in 2023, alleged that SolarWinds and its chief information security […]
NASA agrees to take a second look at its $1.8B COSMOS contract following protest
Incumbent KBR successfully challenged the award to Ascend Aerospace & Technology, prompting the agency to review its evaluation and best-value determination. Just weeks before NASA’s new prime contractor was set to begin work on the $1.8 billion COSMOS contract, the agency has backtracked on that decision in the face of a challenge from the disappointed incumbent. […]
Growth, tech and operations leadership moves across the market
One of the market’s notable founders lines up a new role and a second returns to the company he helped start nearly a decade ago, among other hires and promotions highlighted in here. Axiom Space Tracey Davies has joined the commercial space station developer as chief legal officer, while also taking on the roles of general […]
Polaris small business protests continue as GSA seeks to update the administrative record
Six companies are at the U.S. Court of Federal Claims challenging GSA’s evaluation of their scores, claiming that improper point deductions cost them spots among the top 100 awardees. While the General Services Administration made awards this week for two pools of Polaris small business categories, the legal battle surrounding the general small business category continues. […]