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Financial Reports/News
GovCon Index Kept Rising Last Week
by Ireland Degges
Published on October 14, 2024
GovCon Index Kept Rising Last Week

Executive Mosaic’s GovCon Index maintained a winning streak last week, closing 0.65% higher than the previous week. This increase lifted the average to $5,505.35.

GovCon Index gathers and displays data on the stock market performance of 30 major government contracting companies in real time. With this information, users can evaluate the financial standing of each tracked organization and gain key insights into the broad trends characterizing today’s GovCon market.

V2X claimed the top spot last week with gains of 8.52%. Palantir (+8.04%) came in second, and Honeywell (+5.65%) was third. Aerovironment, which grew by 3.45%, secured fourth place, and The Carlyle Group (+2.88%) achieved the fourth spot in the ranks.

GovCon Index had a slow start last week, but an increase of 0.44% on Tuesday reversed Monday’s losses. Though Thursday brought a drop of 1.05%, Friday’s 1.44% rise pushed GovCon Index up overall, marking its fourth consecutive week in positive territory.

Check out last week’s market reports for a closer look at daily GovCon Index performance. Visit GovConIndex.com to view the complete list of tracked companies.

Acquisition & Procurement/DoD/News
DOD Seeks Comments on Proposed JV Eligibility DFARS Amendment
by Kristen Smith
Published on October 14, 2024
DOD Seeks Comments on Proposed JV Eligibility DFARS Amendment

The Defense Acquisition Regulations System is seeking comments on its proposal to amend the Defense Federal Acquisition Regulation Supplement.

According to the proposed rule published in the Federal Register on Thursday, the DFARS amendment would revise the joint venture eligibility requirements and nonmanufacturer rule applicability to contracts awarded under the partnership agreement between the Department of Defense and the Small Business Administration.

The revision aims to align the DFARS with the Federal Acquisition Regulation changes allowing joint ventures to submit responses to solicitations for program acquisitions processed under the agreement.

This proposed rule also includes removing the kit assembler rule set and the nonmanufacturer rule requirements in the DFARS to align with the FAR’s nonmanufacturer rule, which specifies the requirements for all socioeconomic categories.

The DOD invites small businesses and other interested parties to comment on the expected impact of the proposed rule on small entities.

Responses are due Dec. 9.

Acquisition & Procurement/Civilian/News
NSF Accelerator Issues Solicitation for Southeast Anchor
by Miles Jamison
Published on October 14, 2024
NSF Accelerator Issues Solicitation for Southeast Anchor

The National Science Foundation Convergence Accelerator has issued a solicitation aimed at establishing the regional anchor for the southeast region.

The NSF said Thursday the expansion into the southeastern United States, part of the three-year plan to expand to 10 regionally focused NSF Convergence Accelerators, is meant to drive advancement in research, innovation and workforce development and tackle societal and economic challenges within the area.

According to the notice, the NSF Convergence Accelerator is seeking an organization to serve as the southeast regional anchor. The selected party will supervise the implementation of the program’s model and oversee operations at the regional level as NSF’s representative. 

Only proposers from the southeastern U.S. are eligible for the funding opportunity. Interested parties have until Nov. 21 to submit their proposals.

Erwin Gianchandani, assistant director for NSF Technology, Innovation and Partnerships, or TIP, stressed the TIP directorate’s commitment to accelerating technology and innovation.

“With initiatives like the NSF Convergence Accelerator regionalization, we are sparking the development of cutting-edge technologies and delivering practical solutions for the everyday challenges Americans face, while also building a workforce comprising all Americans and fueling economic growth,” Gianchandani said.

Douglas Maughan, section head for the NSF Convergence Accelerator, added, “After a successful launch in the Midwest, we hope to continue to build momentum in the Southeast Region, seeking organizations with a diverse set of expertise and capabilities to implement our program.”

DoD/News
Navy Secretary Addresses Small Business Leaders During SF Event
by Miles Jamison
Published on October 14, 2024
Navy Secretary Addresses Small Business Leaders During SF Event

Secretary of the Navy Carlos Del Toro, a Wash100 Award winner, attended a gathering of small business leaders held at the San Francisco SBA Business Office during San Francisco Fleet Week.

The U.S. Navy said Thursday Del Toro emphasized the significance of small businesses in supporting the U.S. Navy and Marine Corps during his talk at the event titled “Breaking Barriers: A Department of the Navy & SBA Partnership for Small Business Success,” attended by representatives from the San Francisco Chamber of Commerce, regional APEX Accelerators, the National Defense Industrial Association and other key stakeholders.

The Navy secretary noted that $526 million worth of contracts have been awarded to small businesses in the San Francisco area, mentioning Pleasanton-based Atomic’s $2.89 million contract for advanced tactical atomic clocks and the $451,000 contract secured by Arize AI of Berkeley for an artificial intelligence/machine learning technology to enhance underwater threat detection.

Secretary Del Toro said, “From my vantage point as Secretary of the Navy, a healthy, diverse industrial base made up of companies of all sizes – founded by American entrepreneurs from all walks of life – is absolutely crucial to the success of our Navy and our Marine Corps.”

The secretary participated in a roundtable discussion with entrepreneurs and industry leaders where they discussed possible collaborations and the needs of small businesses in the defense sector. Del Toro also encouraged them to ask for support in navigating the federal procurement process from the Office of Small Business Programs.

News/Policy Updates
New OMB Rule Ensures Trustworthiness of Statistical Agencies
by Jerry Petersen
Published on October 14, 2024
New OMB Rule Ensures Trustworthiness of Statistical Agencies

The Office of Management and Budget has published on the Federal Register the Trust Regulation, or more formally, the Fundamental Responsibilities of Statistical Agencies and Units rule.

The Trust Regulation aims to foster trust in recognized statistical agencies and units and the federal statistics they produce, which are used in policymaking as well as public discourse, Karin Orvis, the chief statistician of the United States, said in a column published Thursday on the OMB’s Briefing Room blog.

To achieve this goal, the regulation codifies and clarifies the responsibilities of federal statistical agencies, namely: the conduct of objective, credible and accurate statistical activities for the production and dissemination of relevant and timely statistical information; and the protection of the confidentiality of responses from information providers and respondents.

The regulation also outlines the requirements other agencies must meet to support the work that statistical agencies perform.

The formulation of the Trust Regulation incorporates input provided by agency employees and members of the public.

News/Space
NASA on Track to Cut Laser Space Comms Tech Cost
by Kristen Smith
Published on October 14, 2024
NASA on Track to Cut Laser Space Comms Tech Cost

The Low-Cost Optical Terminal, or LCOT, at the NASA Goddard Space Flight Center in Greenbelt, Maryland, was able to send its first laser communications uplink to the agency’s recently concluded TeraByte Infrared Delivery, or T-Bird, mission in low Earth orbit. 

LCOT is geared toward cutting laser communications technology cost through its use of slightly modified commercial hardware, NASA said Wednesday. 

Fibertek, a fiber optic product supplier, provided NASA with a laser technology that was integrated into the LCOT at Goddard.

NASA noted that LCOT’s first live uplink test delivered sufficient intensity for over three minutes of connection to the tissue box-sized T-Bird, one of the payloads of the CubeSat called Pathfinder Technology Demonstrator-3. 

The three-minute LCOT connection to T-Bird would suffice to draw more than five terabytes of data equal to over 2,500 hours high-definition video in one pass, the agency added. Laser communications’ ultra-high-speed transmission makes it possible for future science missions to farther destinations to maintain their Earth connection.

Through its Space Communications and Navigation program, NASA is pursuing laser communications technology development in various orbits, including the forthcoming Artemis II mission.

Artificial Intelligence/Intelligence/News
DIA Nearly Ready to Run AI-Enabled Intel Repository on SIPRNet
by Kristen Smith
Published on October 14, 2024
DIA Nearly Ready to Run AI-Enabled Intel Repository on SIPRNet

The Defense Intelligence Agency’s artificial intelligence-powered intel database on foreign militaries will soon be authorized to run on the Pentagon’s classified network.

The Machine-assisted Analytic Rapid-repository System, a.k.a. MARS, is scheduled to become fully operational in 2026 and is designed to introduce new security strategies, Defense One reported Thursday.

At an Intelligence and National Security Alliance online event on Tuesday, DIA Chief Information Officer Doug Cossa said that MARS will be on the Secret Internet Protocol Router Network “within the next few weeks.”

Cossa added that moving MARS to the SIPRNet will make it more accessible, noting that the repository will be deployed in one area and secure access will be managed through entitlements for users and devices.

He noted that MARS will allow the intelligence and defense communities to establish a common operating picture that employs each other’s data authoritatively.

According to Randy Resnick, a 2024 Wash100 Award winner and head of the Zero Trust Portfolio Management Office at the DOD, pilots will be conducted in 2026 to test how MARS will operate and comply with an advanced zero trust level.

The DIA launched MARS in 2018 as a replacement for the Modernized Integrated Database, the Department of Defense’s main repository for information gathered on other countries’ militaries and infrastructure.

Since its introduction, MARS has received significant upgrades, such as new tools and AI capabilities.

News/Space
USSF Says Boeing-Built X-37B to Perform Aerobraking Maneuvers
by Jane Edwards
Published on October 14, 2024
USSF Says Boeing-Built X-37B to Perform Aerobraking Maneuvers

The U.S. Space Force and Boeing will work together to enable the X-37B Orbital Test Vehicle to perform a series of aerobraking maneuvers to alter its orbit around Earth while using minimal fuel.

The Space Force said Thursday the Boeing-built X-37B spacecraft will execute a series of passes using the drag of Earth’s atmosphere to change orbits and safely dispose of its service module in compliance with space debris mitigation standards.

“This novel and efficient series of maneuvers demonstrates the Space Force’s commitment to achieving groundbreaking innovation as it conducts national security missions in space,” said Secretary of the Air Force Frank Kendall.

Once aerobraking is complete, the spacecraft will resume efforts to meet its test and experimentation objectives.

“This first of a kind maneuver from the X-37B is an incredibly important milestone for the United States Space Force as we seek to expand our aptitude and ability to perform in this challenging domain,” said Chief of Space Operations Gen. Chance Saltzman.

Kendall and Saltzman are both 2024 Wash100 awardees.

Government Technology/Healthcare IT/News
HHS Office Makes Efforts to Address Information Blocking, API Access
by Jane Edwards
Published on October 14, 2024
HHS Office Makes Efforts to Address Information Blocking, API Access

Micky Tripathi, assistant secretary for technology policy and national coordinator for health information technology at the Department of Health and Human Services, said the ASTP office will initiate steps to address information blocking and ensure that application programming interfaces, or APIs, are serving the needs of the healthcare community.

In a blog post published Tuesday, Tripathi wrote that his office will implement a more rigorous assessment process for API documentation, monitor trends through multiple data points and facilitate engagement with API developers.

The national health IT coordinator noted that his office will soon issue new educational materials and information blocking resources, including those specifically related to certified APIs.

According to Tripathi, ASTP is strengthening its feedback channels by adding a section for API-linked complaints and inquiries to the Health IT Feedback and Inquiry Portal.

“This new channel will help us receive timely feedback and take swift action to address any nonconformity or misinterpretation of Certification Program requirements,” he added.

Tripathi, who also serves as acting chief artificial intelligence officer at HHS, stated that his office will continue to direct review certified API developers and their health IT to evaluate their compliance with all applicable requirements under the Certification Program.

Register now for the Potomac Officers Club’s 2024 Healthcare Summit on Dec. 11. Join this key event to explore the transformative trends and innovations shaping the future of the U.S. healthcare sector.

POC - 2024 Healthcare Summit
Artificial Intelligence/DoD/News
Young Bang: Army Eyeing Faster Acquisition Pathway for AI
by Jane Edwards
Published on October 14, 2024
Young Bang: Army Eyeing Faster Acquisition Pathway for AI

Young Bang, principal deputy assistant secretary of the Army for acquisition, logistics and technology, said the military branch is considering developing a separate path or a sub-path within the software acquisition pathway for artificial intelligence to accelerate the development and deployment of AI tools to warfighters, Federal News Network reported Thursday.

“Let’s figure it out. Let’s be creative. Let’s put things together. Let’s put a [Middle Tier of Acquisition pathway] with a software pathway and work with [the Office of the Secretary of Defense] to get to something faster for AI because as fast as the software pathway is, we need a faster path for algorithms,” said Bang.

According to FNN, the current software pathway requires programs to achieve a minimum viable capability release, or MVCR, within a year.

With the MVCR, the initial version of a functional capability is handed over to service personnel.

“What we’re saying is there’s great utility in a software pathway, but if we use a software pathway for algorithms — overnight is a good example, but some of these can actually take a little bit longer, but still a week. And if we think about that, a week versus an MVCR in a year — the timelines don’t align,” the 2024 Wash100 awardee noted.

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ExecutiveGov, published by Executive Mosaic, is a site dedicated to the news and headlines in the federal government. ExecutiveGov serves as a news source for the hot topics and issues facing federal government departments and agencies such as Gov 2.0, cybersecurity policy, health IT, green IT and national security. We also aim to spotlight various federal government employees and interview key government executives whose impact resonates beyond their agency.

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