House Democrat challenges SBA’s 8(a) revocation from USAID
Rep. Nydia Velázquez says pulling 8(a) authority over a single bribery case could undermine broader small business contracting without evidence of systemic problems. The House Small Business Committee’s leading Democrat is raising concerns that the decision to revoke 8(a) contracting authority at the U.S. Agency for International Development has implications beyond a single agency. SBA on Wednesday revoked […]
Special Aerospace Services unveils new name, identity
The space- and missile defense-focused company employs 250 people that work on systems and technologies for emerging priorities, of which the Golden Dome initiative is one. Special Aerospace Services has unveiled a new name and identity for this next phase of its strategy focused on space and missile defense programs, which started with being acquired by Godspeed […]
Finance, growth and tech leadership moves across the market
Our newest compilation of key hires and promotions features a trio of former government leaders taking up new private sector roles. AE Industrial Partners Oscar Torres has taken up an operating partner position at this private equity firm focused on the defense, aerospace and industrial services verticals. Torres is a 25-year aerospace market veteran who most […]
The Army’s giant data deal with Palantir is a harbinger: service CIO
The 10-year, up-to-$10 billion deal is part of a larger effort to consolidate IT contracts and save money, Leonel Garciga told reporters. The Army collapsed 75 data and software contracts into one deal potentially worth $10 billion—a deal won by Palantir—and it’s just the beginning of how the service wants to buy software. “This is going […]
WT 360: Defense One’s Lauren Williams on reindustrialization and its underlying ecosystem
Lauren Williams, our Defense One colleague and a senior editor there, jumps in to help connect some dots between the defense industrial base and the U.S.’ efforts to regain global manufacturing leadership. Reindustrialization is a catch-all description of moves by government and industry to reinvigorate domestic manufacturing amid other countries’ investments on that front, especially […]
Protests continue for $10B State enterprise IT vehicle
Challenges from two companies remain active as the State Department works to field its main enterprise IT services vehicle. Two companies have dropped their protests of a $10 billion State Department contract, but a pair of other challenges remain active. KPMG dropped its objections Thursday and TekSnap withdrew on July 9. Both protesters challenged how their proposals […]
Piper Sandler to acquire G Squared Capital Partners
Minneapolis-headquartered Piper Sandler views the GovCon landscape as a path for expanding its technology investment banking practice. Piper Sandler, a global investment bank and financial services company, is making a foray into the GovCon landscape by acquiring the boutique investment bank G Squared Capital Partners. Founded in 2020 by Greg Nossaman and Greg Woodford, G Squared […]
V2X wins $4.3B T-6 logistics contract
The contract covers support of 739 total planes across the Air Force, Army and Navy. V2X has won a potential nine-year, $4.3 billion contract to provide supply and other logistics services for the Air Force’s fleet of T-6 jets that are used in pilot training programs. The Air Force received three offers in total for the […]
Trump nominates financial executive to be GSA administrator
The nominee, Ed Forst, is a longtime Goldman Sachs alum. The White House has named financial executive Edward Forst as nominee for the head of the General Services Administration, seven months into President Donald Trump’s second administration. Forst is currently the chairman of Lion Capital, a British private equity firm. He previously worked at commercial real […]
Palantir signs $10B enterprise agreement with Army
The deal consolidates 75 contracts and will drive more AI-powered data analysis capabilities. The Army is consolidating 75 contracts into a single enterprise agreement with Palantir that will last for 10 years and have a ceiling of up to $10 billion. The enterprise agreement covers 15 prime contracts and 60 related contracts, which the Army says […]