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Category: Industry News

Former Jacobs Exec Caesar Nieves to Lead Willow Creek Partners’ Government Services Platform CompanyIndustry News

Former Jacobs Exec Caesar Nieves to Lead Willow Creek Partners’ Government Services Platform Company

Washington D.C.-based private equity firm Willow Creek Partners has created a company that government contracting industry veteran Caesar Nieves will
GovCon Expert McAleese Analyzes Defense Sector Q1 2023 Financial ResultsIndustry News

GovCon Expert McAleese Analyzes Defense Sector Q1 2023 Financial Results

A new McAleese & Associates report estimates most defense prime contractors recorded a 3 percent growth in sales during the
President Biden, House Speaker McCarthy Reach Deal on Borrowing LimitIndustry News

President Biden, House Speaker McCarthy Reach Deal on Borrowing Limit

President Joe Biden and House Speaker Kevin McCarthy on Sunday reached a bipartisan agreement to suspend the debt ceiling for
Godspeed Capital Secures $250M for 2nd Investment Program; Douglas Lake QuotedIndustry News

Godspeed Capital Secures $250M for 2nd Investment Program; Douglas Lake Quoted

Godspeed Capital Management has raised $250 million in capital commitments from new and existing investors for its second investment program
ManTech Co-Founder George Pedersen Dies at 87Industry News

ManTech Co-Founder George Pedersen Dies at 87

George Pedersen, co-founder and former chairman and CEO of ManTech, has died at the age of 87. He helped establish
Report: Debt-Ceiling Standoff Could Impact Defense ContractorsIndustry News

Report: Debt-Ceiling Standoff Could Impact Defense Contractors

A standoff between the White House and House Republicans over the debt ceiling could delay the passage of a national
Deltek Study Reveals Positive Outlook Among Government Contractors; Kevin Plexico QuotedGovCon Expert

Deltek Study Reveals Positive Outlook Among Government Contractors; Kevin Plexico Quoted

An annual Deltek study has found that 49 percent of government contractors reported rising government revenue in 2022 and more
GSA Issues Notice of Opportunity for National Deep Energy Retrofit Program Round 7Industry News

GSA Issues Notice of Opportunity for National Deep Energy Retrofit Program Round 7

The General Services Administration has released a solicitation inviting companies holding spots on the indefinite-delivery/indefinite-quantity Energy Savings Performance Contract vehicle
Jacobs to Spin Off Critical Mission Solutions Business; Steve Arnette to Lead Independent CompanyIndustry News

Jacobs to Spin Off Critical Mission Solutions Business; Steve Arnette to Lead Independent Company

Jacobs (NYSE: J) will spin off its critical mission solutions business into an independent company focused on providing applied science
Pentagon Reinstates Pre-Pandemic Progress Payment Rate for Large BusinessesIndustry News

Pentagon Reinstates Pre-Pandemic Progress Payment Rate for Large Businesses

The Department of Defense has moved to update the rates of progress payments meant to help defense contractors mitigate the