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Latest Federal & Government Contracting Companies' News Coverage

Latest Federal & Government Contracting Companies' News Coverage

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Executive Mosaic’s GovCon Index dropped by 1.37% last week, ending with an average of $4,896.02. GovCon Index is an aggregate index that presents real-time data on 30 notable government contracting enterprises. While GovCon Index looks at the individual performance of each organization it follows, it also provides users with a glimpse at the broader trends that characterize the GovCon marketplace today.

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Aaron Jacob, head of accounting solutions at TaxBit, said new crypto asset accounting guidance from the Federal Accounting Standards Board is expected to encourage the adoption of digital assets as it provides more clarity on accounting, reporting and disclosure of such assets. Measuring and reporting digital assets at fair value can bring various benefits, such as greater transparency and insights to inform decision-making, provided that the calculations are made correctly, Jacob said in an opinion article published on Accounting Today.

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Christopher George, president and general manager of Intel Federal, has been named to Executive Mosaic's 2024 Wash100 list of top officials and executives who have shaped the federal contracting landscape over the past year. This marks George's debut on the most prestigious government contracting award, recognizing him for his leadership and dedication to driving innovation across his organization.

Vote for George as your favorite GovCon leader as part of the 2024 Wash100 popular vote competition! Voting closes on April 30, so visit Wash100.com to cast your ten votes today.

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Hewlett Packard Enterprise has secured an other transaction authority agreement from the Defense Information Systems Agency to build a prototype capability as part of a program that seeks to modernize the x86 server architecture to “achieve a unified operating experience” while supporting secure hybrid cloud and multicloud deployments. DISA announced the OTA award in a LinkedIn post published Friday.

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Varda Space Industries has raised $90 million in a series B funding led by Caffeinated Capital and will use the capital to build its infrastructure that supports pharmaceutical manufacturing in space. The company said Friday the investment follows the launch and reentry of its W-1 hypersonic reentry capsule to demonstrate the production of pharmaceuticals and other materials in microgravity.

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Neeraj Gupta, former senior vice president and general manager for space destinations at Sierra Space, has joined Voyager Space to serve as chief strategy officer. He will be responsible for driving Voyager Space's strategy development and execution aimed at pursuing market expansion, technology innovation and sustainable growth, the Denver, Colorado-based aviation and aerospace company said Monday.

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Akamai Technologies has received an other transaction agreement from the U.S. Army to develop zero trust software prototypes in support of the service branch's Tactical-Identity Credential and Access Management project. The company will create T-ICAM prototypes to provide a zero trust network security architecture to secure access to Army networks used by combat units in contested operational environments, the military service said Friday.

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CIO-SP4, officially known as the Chief Information Officer-Solutions and Partners 4, is a government-wide acquisition contract vehicle administered by the National Institutes of Health Information Technology Acquisition and Assessment Center (NITAAC). At its core, it simplifies the process by which federal agencies can access a wide array of IT solutions.   The contract vehicle offers […] More

Enlightenment Capital, a government market investment firm, announced investing in Summit Technology Group, a key federal software partner, though the terms and amount of the investment were undisclosed. Devin Talbott, founder and managing partner of Enlightenment, said in a statement Thursday that STG will serve as the foundation for Enlightenment’s government and regulatory software solutions platform.

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