FAA launches competition to modernize aging IT portfolio
The Federal Aviation Administration is using a challenge-based acquisition strategy that will require vendors to demonstrate, not just describe, their approach. The Federal Aviation Administration has a sprawling and aging digital infrastructure with roughly 200 applications and 3,000 databases that support a wide span of responsibilities, ranging from safety inspections to regulatory compliance. In an effort to […]
Valiant Solutions acquired network engineering provider
The Bluestone-backed company is pushing to have a presence in all phases of the cyber lifecycle that include system design and accreditation. Valiant Solutions, a provider of cybersecurity technologies and services, has completed an acquisition to add secure network and cyber engineering work to its portfolio. Abile Group opened for business in 2004 and has since evolved […]
ASGN hires former Idemia executive to lead federal business
ASGN is adopting the new name of Everforth for the next iteration of its strategy, which includes digital modernization and national security tech as priorities. Amid ASGN’s brand unification effort involving its ECS federal segment, the company has hired 25-year market veteran and former Idemia executive Donnie Scott as president for the U.S. government unit. ASGN […]
Veritas Capital’s ninth fund grows to $15.3B
The firm cites continued investor interest in the U.S. government market and other highly regulated industries. Veritas Capital’s ninth private equity flagship fund has grown to $15.3 billion in capital commitments from investors, representing a 6.2% increase from what was first touted in September when that vehicle initially closed. With that addition announced Tuesday, Fund IX’s […]
GAO backs Army’s sole-source extension to KBR’s LOGCAP contract
A challenge by an Amentum-Parsons joint venture fell short after the Government Accountability Office found the Army’s justification for a $3.1 billion extension as reasonable. A joint venture led by Amentum and Parsons could not convince the Government Accountability Office to stop the Army from extending a LOGCAP V contract held by KBR. The Army awarded the LOCGAP […]