New era for contractors begin with coming changes to GSA’s pricing policies
September brings an end to pandemic-era pricing restrictions and with more flexibility for schedule holders, writes immixGroup contract specialist Amelia Bock. Mark your calendars for Sept. 30, 2025. That’s when COVID-era rules on contract pricing will change, along with some updated requirements to the Multiple Award Schedule program. That also spells good news for contractors. On […]
Lockheed promotes Scott to finance chief
Now-former CFO Jay Malave is leaving the defense giant after three years there. Lockheed Martin has promoted a new chief financial officer in Evan Scott, a 26-year veteran of the company and its treasurer since 2022. Scott’s appointment takes effect immediately in the wake of now-former CFO Jay Malave’s departure from Lockheed. Malave was in that […]
Shield AI acquires pilot analysis software suite
This is the defense tech unicorn’s latest move to create more trust between human pilots and autonomy tools. Shield AI, the defense technology unicorn focused on autonomy, has acquired a suite of software products from Crowdbotics to further build up a library of artificial intelligence-centric offerings for customers. Crowdbotics’ Data Driven Readiness intellectual property assets will […]
The president’s procurement order offers a real opportunity. Let’s not squander it
Stan Soloway, longtime acquisition observer, explains how making changes in government procurement happen requires learning from lessons of the past. Less than a month ago, I wrote in Nextgov/FCW about serious concerns I, and many others, have with a number of the Trump Administration’s early procurement-related actions. These include refusing to pay for contracted work already […]
WT 360: How software shapes the market’s M&A landscape
Jean Stack and John Song, co-managing directors at Baird & Co.’s government practice, join to go over the tech-centric areas of heated demand for acquirers and the fundamentals that drive M&A activity. The nature of mergers and acquisitions in the government market is changing and our 2024 roundup of closed transactions further illustrates that evolution toward technology-enabled capabilities, […]
Scout AI emerges from stealth with $15M in seed capital
Booz Allen Hamilton’s venture arm was a co-lead in the initial investment round, from which the company plans to further pursue its strategy of integrating artificial intelligence and robotics technologies. Scout AI, a unmanned vehicle manufacturing and autonomy software startup, has fetched $15 million in seed capital from investors to mark its emergence from stealth mode. […]
COMMENTARY: Trump officials explain his plan to make government acquisition great, for once
Three senior Trump officials explain why revamping the Federal Acquisition Regulation, and the $1 trillion in government spending it governs each year, is now a top priority. Federal procurement policy is often a laughingstock — and for good reason. Stories of the government paying for $10,000 toilet seats, $1,200 coffee cups and $16,000 minifridges abound. Waste, […]
Space Force’s intelligence ‘marketplace’ gets funds to expand
Military units post requests to TacSRT’s webpage, and industry competes to answer them. COLORADO SPRINGS, Colo.—A Space Force program that buys commercial satellite imagery and analytics has seen success across combatant commands—and with a plus-up from Congress, the service hopes to give commands more information and new tools. Called Tactical Surveillance, Reconnaissance, and Tracking, or TacSRT, […]
Trump orders structural changes to rules covering $1T in federal spending
The Tuesday mandate — which aims to streamline the way government buys goods and services — was accompanied by a second order requiring agencies to predominantly use commercial products, rather than custom-built. President Trump issued two procurement-focused executive orders Tuesday that his administration says will simplify the way the government procures almost $1 trillion worth of […]
WT Survey: Contractors see dark clouds hanging over the market
Our survey shows widespread concerns over budget constraints and federal workforce cuts by the Trump administration, with small businesses feeling the most impact. Government contractors see a market full of risk and uncertainty, as found in a survey of Washington Technology readers. We asked readers a series of questions about the direction of the market, growth prospects and […]