Consolidation and new company formation has become a steady drumbeat in the federal market. In the latest megadeal, Leidos is taking on the Information Systems and Global Solutions division from Lockheed. What does it mean for the market and for federal customers? For analysis, Federal Drive with Tom Temin asked Arun Sankaran, managing director of market research company Govini.
The federal government has designated 15 private sector industries as being or operating critical infrastructure. Each one has a corresponding federal agency with whom that industry shares cybersecurity threat information. Trouble is, the so-called sector-specific agencies haven't done a good job in assessing whether the infrastructure operators are getting better at cyber. That's according to the Government Accountability Office. Its director of cybersecurity issues, Greg Wilshusen, tells Federal Drive with Tom Temin more.
Good numbers for some big government contractors are some of the biggest highlights of Wall Street's earnings season. For one company, a big contract award means a nice pop on its stock price. Ross Wilkers, newsroom editor at Executive Mosaic, give In Depth with Francis Rose the lowdown about the Gov Con Index.
The Greater Washington Government Contractor Awards honor outstanding leaders in the industry. The awards are co-sponsored by the Fairfax County Chamber of Commerce and the Professional Services Council. The executive-of-the-year award goes to a company leader who stands out for his or her contributions in business, the community and the industry. Marilyn Crouther, senior vice president and general manager of HP Enterprise Services U.S. Public Add MediaSector, is a finalist for the award in the greater than $300 million in sales category. She joined In Depth with Francis Rose to discuss the honor.
Paul V. Lombardi will be inducted Nov. 5 into the Greater Washington Government Contractor Awards' Hall of Fame.
The Greater Washington Government Contractor Awards honor many of the individuals and businesses among the region's government contractors. The awards, sponsored by the Fairfax County Chamber of Commerce and the Professional Services Council, celebrate high achievers. Heidi Gerding, the president and CEO of HeiTech and a finalist for this year's Executive of the Year award in the $75 million or less in sales category, spoke to In Depth with Francis Rose about the awards.
The Greater Washington Government Contractor Awards honor many of the individuals and businesses among the region's government contractors. The awards, sponsored by the Fairfax County Chamber of Commerce and the Professional Services Council, celebrate high achievers. Between now and Nov. 5, Federal News Radio is interviewing the finalists for this year's awards. Scott Goss is president and chief executive officer at Preferred Systems Solutions and a finalist for this year's Executive of the Year award in the $75 million or less in sales category. In Depth with Francis Rose asked him if he sees agencies getting more interested in innovative solutions from industry.
The government contracting industry is starting off the new fiscal year a little less healthy than a month ago. The same problems that are hitting stock prices of companies in broader indexes are affecting the government contracting space. And then there's the uncertainty around the shutdown on top of it all. Ross Wilkers is newsroom editor at Executive Mosaic, publishers of the GovCon Index. He discussed the impact of all this uncertainty as part of Industry Chatter on In Depth with Francis Rose.
Investors in the biggest companies that serve the federal government aren't exempt from the ups and downs of the stock market that have been playing out for the last several weeks. Ross Wilkers is newsroom editor at Executive Mosaic, which tracks the GovCon Index. He told Francis Rose on Industry Chatter the wild ride on Wall Street in August made for some heartburn for investors in government contracting companies too.
GSA officials want feedback on new digital tools designed to help acquisition workers cut back on cost and time when choosing contracts.
L-3 is reshuffling its business portfolio again. The company is looking for alternatives for its National Security Solutions business, and L-3's Aerospace Systems might have the same fate. It's the second major reshuffling for L-3 in the past three years. Jesse Holler, a quantitative analyst for Bloomberg Government, tells In Depth with Francis Rose why the move could signal a shift out of the low-margin services business.
A new memo from David Mader, the OMB controller and acting deputy director for management, requires agencies to move to either the Treasury Department’s Internet Payment Platform or another approved shared service provider. OMB said agencies process only about 40 percent of all procurement invoices electronically today.
The Office of Management and Budget wants to create a cyber playbook, and a digital services teams focused on IT security. Tony Scott, the federal CIO, said industry also must play a bigger role by automatically enabling two-factor authentication and using more secure chips.
18F and the Office of Integrated Technology Services release a request for quote to Schedule 70 vendors to provide agile development services. The 5-year contract has a ceiling of $25 million.
It only took 15 years for the Office of Federal Procurement Policy to issue guidance for agencies on how best to use reverse auctions. And when OFPP finally did on June 2, it was disappointing to say the least.