Federal acquisition is getting a shared services makeover
A new QSMO focused on procurement tools and training could streamline and reshape out agencies buy goods and services. The Office of Management and Budget and the General Services Administration are taking concrete steps to shrink the number of acquisition systems operating in the federal government. On the civilian side alone, there are 229 systems. “That’s […]
B/Core acquires another intelligence community specialist
NewSpring Holdings first entered its investment in B/CORE in 2023 and has since supported a handful of acquisitions to build a larger IT and digital transformation provider. B/Core, a technology integrator focused on national security programs, has acquired a fellow company focused on the intelligence community in a continuing push to expand in that customer set. […]
Sierra Space and Vast detail their Series C investment rounds
National security space opportunities are a common thread between both companies as In-Q-Tel continues its involvement in one of them. Sierra Space This privately-held company has collected $550 million in Series C capital amid a pivot from its original civilian and commercial focus, dating back to its 2021 start as a spinout of Sierra Nevada Corp. […]
SBA boots 628 more companies from 8(a) program
Total termination actions now represent 18% of the small business contracting program as the Trump administration’s crackdown continues. The Small Business Administration has removed 628 more companies from the 8(a) program because the agency says they did not comply with an order to turn in three years’ worth of financial data. SBA requested the information from […]
House amendment responding to Pentagon-Anthropic conflict fails committee vote
Lawmakers split over an amendment to the Defense Production Act from Rep. Sam Liccardo, D-Calif., that would have prohibited the government from blacklisting firms opposed to their tech being used in certain situations. An amendment to the Defense Production Act that would have specifically forbidden government agencies from blacklisting firms that refuse to deploy their high-risk […]
Noda AI, Smack Technologies detail their Series A capital rounds
Autonomous system management and frontier artificial intelligence are the key tech areas of focus here. Noda AI This developer of orchestration software to manage multiple autonomous systems at a time has fetched $25 million in Series A capital amid its push to meet key delivery milestones. Noda AI opened for business in 2024 to design an […]
CMS launches effort to unify Medicare claims processing systems
The Centers for Medicare and Medicaid Services releases a final solicitation in search of software vendors that could participate in a challenge-based competition. The Centers for Medicare and Medicaid Services has opened the window for proposals from industry in pursuit of a potential eight-year contract to provide a new software system for processing and adjudicating Medicare […]
Energy announces $352M in funding for frontier science
The agency will make funding available to research teams looking to solve the scientific challenges underpinning next-generation energy technologies. The Department of Energy unveiled a new $352 million funding opportunity for frontier research centers to accelerate emerging energy technologies and systems that will power the U.S. technology landscape. Announced on Tuesday, the new funding for Energy […]
Blue Fire Equity builds out defense-intel holdings with Jovian Concepts acquisition
This the private equity firm’s 17th purchase as it targets prime contractors serving classified customers. Blue Fire Equity has added a new contractor to its portfolio through the acquisition of Jovian Concepts, a provider of technical services to the U.S. defense and intelligence community. Terms of the acquisition announced Monday were not disclosed. Jovian Concepts was founded […]
One SEWP VI protest down, nine remain
NASA’s corrective action on METGreen Solutions signals the agency may need to resolve more challenges to stay on schedule in awarding the IT vehicle. One SEWP VI protester has won another shot at the competition for the $60 billion IT products and services contract. NASA has allowed METGreen Solutions back into the competition and will evaluate […]