HawkEye 360’s public offering hauls in $416M
Add this commercial satellite operator to the list of GovCon companies that achieved their initial goals by tapping into the public markets for new capital. HawkEye 360 hauled in $416 million through its initial public offering that launched Wednesday after the commercial satellite operator’s shares became available at $26 each to open. That price is at […]
How IT vendors should approach the federal post-quantum cryptography market
From inventory support to DARPA’s $282M benchmarking initiative, here’s where the opportunities are — and what to avoid, write immixGroup’s Joshua Iseler and Grier Egan. With a deadline for federal agencies to implement their post-quantum cryptography (PQC) strategies by 2035, government cyber experts are actively working on charting their course in the post-quantum world to come. […]
NRC seeks research foundation for AI regulation in nuclear plants
The Nuclear Regulatory Commission will hire a contractor to help map out cybersecurity risks and identify gaps in existing guidance. The Nuclear Regulatory Commission is looking for a contractor to help lay down groundwork for how the agency will manage the use of artificial intelligence in nuclear power plants. NRC released a final solicitation on Tuesday for a […]
Air Force wraps up awards for $866M advisory, assistance contract
The National Air and Space Intelligence Center hires four contractors to aid its work in looking at air, space, missile and cyber issues. The Air Force has finalized its award of an eight-year, $866 million advisory and assistance services contract to four companies that will work with one of the service branch’s military intelligence units. The […]
DOD grows Scale AI agreement to $500M
Demand across the Defense Department has exceeded the scope of the original contract. The Defense Department has increased the ceiling of a contract with Scale AI from $100 million to $500 million only eight months after first making the award for access to the company’s product line. Under the production Other Transaction Agreement, Scale AI is […]
Legislative proposal would eliminate contracting preferences for minority, women-owned businesses
The bill would codify and expand on Trump’s executive order to eliminate diversity, equity and inclusion initiatives in federal contracting. A bill introduced in the House and Senate in late April would effectively wipe out many of the contracting preferences for minority and women owned businesses. The Ending Discrimination in Government Contracting Act was introduced by Sen. […]