MDA unveils final solicitation for $151B missile defense contract
The future Golden Dome system will have to counter ballistic missiles, hypersonics, cruise missiles and other aerial attacks. The Missile Defense Agency has released the final solicitation for its multiple-award SHIELD contract to develop a nationwide system to protect the U.S. from missile attacks. Proposals are due Oct. 10 for the Scalable Homeland Innovative Enterprise Layered […]
Why GovCon should care about Trump’s disdain for oversight and accountability
The administration’s push to undermine watchdog agencies may bring short-term gains, but will more likely damage the market and good government over the long haul. The Trump administration is systematically dismantling much of the government’s oversight infrastructure, which government contractors rely on to support a fair and even competitive environment. The Government Accountability Office, which manages […]
Army chooses 49 for $10B IT hardware recompete
The Information Technology Enterprise Solutions-4 Hardware vehicle includes 40 small businesses as awardees. The Army has awarded 49 companies positions on a potential 10-year, $10 billion contract covering the supply of commercial IT hardware and related services. Small businesses represent 40 winners of the Information Technology Enterprise Solutions-4 Hardware vehicle and the other nine pursued the […]
Veritas Capital fetches $14.4B for its ninth fund
The firm initially sought to raise $13 billion for Veritas Capital Fund IX. Veritas Capital, one of the government market’s most high-profile private equity firms, has collected $14.4 billion from investors for its newest flagship fund focused on technology and complex markets. That figure exceeds the firm’s initial goal of fetching $13 billion for Veritas Capital […]
Treasury, GSA partner to reward feds who ID wasteful contract spending
Parts of the program could eventually expand beyond the Treasury Department. As part of a joint initiative launched today by the Treasury Department in partnership with the General Services Administration, federal employees who identify wasteful spending in the tax agency’s contracts that ultimately leads to cost reductions could receive a financial award of up to $10,000. […]
