Tag Archives: acquisition

GSA to Educate Contracting Officers on DOD’s New Cybersecurity Standards; Keith Nakasone Quoted

Keith Nakasone

The General Services Administration (GSA) has begun to develop training documents for contracting officers in line with the Department of Defense's (DOD) new cybersecurity standards. Keith Nakasone, deputy assistant commissioner for information technology acquisition at GSA, said contracting officers would use these documents as guides for DOD's Cybersecurity Maturity Model Certification (CMMC) standards.

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Gen. David Thompson: Space Force to Establish New Commands, Warfighting Analytical Function in 2021

Gen. David Thompson

Gen. David Thompson, vice chief of space operations at the U.S. Space Force, said that the service plans to continue integrating the force with other military branches and combatant commands this year. He said the service established Space Operations Command in October and intends to complete the design and set up a Space Training and Readiness Command and Space Systems Command in 2021.

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NuWave Merges with PCI to Form BigBear.ai; Reggie Brothers Quoted

Reggie Brothers

NuWave Solutions and PCI Strategic Management have merged to form BigBear.ai. BigBear.ai will be led by CEO Dr. Reggie Brothers, former CEO of NuWave, GovCon Expert and 2021 Wash100 Award recipient, and Sean Battle, vice chairman and chief strategy officer, who co-founded PCI and served as CEO. "This combination is a game changer for the industry," said Brothers.

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Lockheed Martin Reports Q4, FY 2020 Financial Results; James Taiclet Quoted

James Taiclet

Lockheed Martin Corporation has reported fourth quarter and full year 2020 results. The company’s fourth quarter 2020 net sales were $17.0 billion, compared to $15.9 billion in the fourth quarter of 2019. “In concert with our resilient operational performance, we delivered strong financial results on behalf of our shareholders and contributed to our communities," said Lockheed Martin president and CEO James Taiclet.

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Biden Administration Names New Executives to GSA Leadership Positions

General Services

The Biden Administration has appointed new General Services Administration (GSA) officials to spearhead key initiatives, including COVID-19 relief, economic recovery, racial equity and climate. Of the appointments, Katy Kale, former assistant to the President for Management and Administration under President Obama and GSA Chief of Staff, will be the deputy administrator and will serve as the acting administrator.

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Cypress International Names Hon. Kevin Fahey as President, COO; LTG David Halverson Quoted

Hon. Kevin Fahey

Cypress International has appointed Hon. Kevin Fahey, assistant secretary for acquisition at the Department of Defense (DOD), as president and chief operating officer (COO), effective April 12. “Kevin’s recent assignment as Assistant Secretary of Defense for Acquisition will also be of tremendous value to our clients," said LTG David Halverson, USA(Ret), chairman and chief executive officer of Cypress.

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Will Roper: Prime Contractors Acquiring Smaller Companies Limit Industrial Base

Will Roper

Will Roper, assistant secretary of the Air Force for acquisition, technology and logistics and three-time Wash100 Award recipient, said prime contractors' acquisition of middle-tier companies has shrunk the industrial base. The Department of Defense (DoD) now sees the industrial base as more generalized than specialized, as major contractors secure awards for almost every program.

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Smartronix Acquires Datastrong to Expand Technology Solutions

Smartronix

Smartronix has acquired Datastrong, a technology solution provider focused on data architecture, design and business analytics. Datastrong offers advanced technology solutions to both commercial and federal customers, and will operate as a division of Smartronix’s Cloud Solutions business unit. “Our acquisition of Datastrong represents an important step forward in expanding the suite of offerings Smartronix can deliver to clients via the cloud," said Smartronix CEO Peter LaMontagne.

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CGI Acquires HMB’s Professional Services Division to Expand End to End Services

CGI

CGI has acquired Harris, Mackessy & Brennan, Inc.’s (HMB) Professional Services Division, a technology consulting and services division for commercial and government clients. CGI will expand its end to end services for clients. “By merging with the global reach and resources of CGI, the result for clients is a powerful combination that is expected to accelerate profitable growth,” said Bernie Mongilio.

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Baird Serves as Financial Advisor to ProModel Government Services Under NuWave Acquisition; Jean Stack, GovCon Expert Reggie Brothers Quoted

Reggie Brothers

NuWave Solutions has acquired ProModel Government Services, provider of analytic software solutions for federal agencies, from the ProModel Corporation. With the purchase, NuWave will gain access to ProModel Government Services’ innovative and adaptable custom model-based software solutions. Baird served as the financial advisor to  ProModel Corporation. 

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