As Trump administration cries ‘fraud,’ experts worry it does more harm than good
“It’s dismaying,” one longtime anti-fraud expert told Nextgov/FCW of how the administration is using fraud as rationale but firing the watchdogs that are tasked with finding it. Combating fraud in government programs has been a talking point for the White House since the start of the second Trump administration, most recently with a focus on an ongoing […]
WT 360: Defense One’s Lauren Williams on industrial base management matters and pressure points
Lauren Williams, business editor at Defense One, jumps in to break down how industry pros are viewing President Trump’s executive order on stock repurchases and other ways the Pentagon is pushing companies to do more. Pressure points on defense companies from their Pentagon customer to invest more and do business differently than before are coming […]
The CMMC compliance gap is now a competitive risk
As enforcement ramps up and primes tighten supplier requirements, contractors face a choice: prepare now or lose access to DOD work. For years, defense contractors have lived with shifting guidance, draft rules, and moving deadlines around cybersecurity compliance. That uncertainty is ending. The Department of Defense is now phasing in its enforcement of the Cybersecurity Maturity […]
AWS lands $581M sole source deal under Air Force Cloud One program
The three-year contract is the latest in a series of awards the service has made for its enterprise IT infrastructure modernization effort. Amazon Web Services won a $581.3 million contract earlier this week as part of the Air Force’s Cloud One program. The three-year contract supports the Air Force’s initiative to provide cloud services and hosting […]
‘We will have their backs:’ GSA pushes culture shift for FAR changes
GSA’s Larry Allen says training and backing up contracting officers are critical for getting the acquisition workforce to embrace new FAR flexibilities. Larry Allen, the associate administrator for the General Services Administration’s Office of Governmentwide Policy, may not have used the word “culture” when he talked recently about how GSA is pushing for the adoption of […]
Finance, tech and growth leadership moves across the market
One former Air Force chief information officer starts a new role in the private sector, as does a former Defense Advanced Research Projects Agency official. Acentra Health Deborah Ricci has joined the technology solutions integrator as chief financial officer, a role she brings three decades of industry experience to. Ricci most recently worked in the CFO […]
York Space Systems raises $629M in public offering
The 14-year-old satellite manufacturer got the valuation it wanted from Wall Street in an active year for space listings. York Space Systems has collected $629 million in its upsized initial public offering, a figure at the higher end of what the small satellite manufacturer was looking to fetch from investors. Shares in York closed down 1% to […]
Reveal Technology acquires Anomaly Six to grow intelligence offerings
The defense technology company is adding global location tracking and behavioral analysis tools to its geospatial intelligence platform. Reveal Technology, a defense tech firm, has acquired Anomaly Six to add global location and behavioral-pattern solutions to its operator-focused intelligence offerings. Financial terms of the transaction announced Thursday were not disclosed. Anomaly Six brings to Reveal a suite […]
GSA quietly rolls out CMMC-like cybersecurity framework for contractors
The General Services Administration’s new requirements for protecting controlled unclassified information apply immediately to new contracts, at the contracting officer’s discretion. The General Services Administration is quietly placing new cybersecurity requirements on contracts that parallel the Defense Department’s CMMC program. GSA’s Office of the Chief Information Security Officer issued an IT security procedural guide on Jan. […]
Copper River eyes larger modernization footing via acquisition
In buying The Prospective Group, Copper River is also looking to expand its portfolio of cybersecurity and analytics offerings for federal agencies. Copper River, an Alaska Native-owned contractor, has acquired an IT services provider in a move to further build out technical offerings and gain a foothold in enterprise modernization programs. The Prospective Group opened for […]