GovConWire's Government Contracting News 8/17/2022

News

Inflation Reduction Act Becomes Law

President Joe Biden has signed into law the Inflation Reduction Act in a move to reduce the U.S. deficit by $300 billion over the next 10 years. Biden said during a speech Tuesday the law sets a minimum 15 percent corporate tax rate and includes a $369 billion investment to fight the climate crisis and

M&A Activity

Thoma Bravo Closes $6.9B Acquisition of SailPoint Technologies

Software investment firm Thoma Bravo has finalized its purchase of SailPoint Technologies Holdings, an enterprise identity security company, in an all-cash deal worth approximately $6.9 billion. SailPoint, which previously traded on the New York Stock Exchange under the ticker symbol “SAIL,” will become a privately held company with a focus on expanding its client base

Events

Dovarius Peoples: Policy, Tech Drive Army Corps of Engineers to Rethink IT Cybersecurity

Dovarius Peoples, chief information officer of the U.S. Army Corps of Engineers, said the federal government’s zero trust strategy is forcing the agency to rethink its approach to securing information technology, networks and operational technology that support critical infrastructure such as waterways. “Technology has allowed us to modernize how we do business as well as

Cybersecurity

Zero Trust is a Continuous Learning Process, Cyber Experts Say

Zero trust has quickly gained a foothold in the U.S. federal government as the latest and greatest cybersecurity measure. At the start of 2022, the Office of Management and Budget released a memorandum that mandated a federal zero trust architecture strategy and required agencies to meet cybersecurity standards by fiscal year 2024’s close. Now, as

News

Q&A With Isobar Public Sector CGO Yancey Hall Highlights Company’s Workforce-Focused Efforts

ExecutiveBiz featured Yancey Hall, chief growth officer at Isobar Public Sector, in its most recent Executive Spotlight interview published Tuesday. He discussed the efforts to ensure the company workforce’s long-term success as well as the initiatives to help federal agencies address significant challenges. The Q&A also tackled the implementation of the latest emerging technologies to

Contract Awards

Noble to Provide DLA Aviation Supply Chain Management Services Under $1.2B Contract

The Defense Logistics Agency has awarded Noble Supply and Logistics a 10-year, $1.2 billion contract to provide aviation supply chain management services to U.S. military and foreign military sales customers. Noble said Tuesday it will fulfill customer direct orders, replenish military retail stock and deliver hardware and abrasives items used as spare parts in multiple

Contract Awards

6 Small Businesses Win Spots on $100M Army Construction Services Contract

Six small businesses have been selected to compete for task orders to provide construction services to the U.S. Army under a $100 million contract. The Army 419th Contracting Supporting Brigade received 20 bids for the firm-fixed-price contract via the internet and will determine work locations and funds with each order, the Department of Defense said

Executive Moves

Billy Morrison to Rejoin EnergySolutions as COO of Waste Management

William “Billy” Morrison, former president and CEO of Veolia Nuclear Solutions’ federal services arm, will serve as chief operating officer of waste management, federal services and commercial development and strategy at EnergySolutions. Morrison’s appointment marks his upcoming return to the Utah-headquartered nuclear services company, having previously served as president of the government group acquired by

Contract Awards

20 Companies Land Spots on NIH’s New Business & Professional Support Services Contract Vehicle

The National Institutes of Health has chosen 20 companies for the third iteration of its Business and Professional Support Services contract vehicle worth up to $49 million, according to an award notice posted Tuesday on SAM.gov. NIH intends to procure services “that are not inherently governmental” from the winning vendors. The NIHBPSS III awardees are:

M&A Activity

Astrobotic Makes Formal Bid for Assets of Lunar Lander Company Masten

Lunar lander maker Astrobotic Technology has agreed to make a stalking-horse offer for “substantially all” of the assets of Masten Space Systems, SpaceNews reported Tuesday. Astrobotic’s $4.2 million bid for Masten’s assets includes a SpaceX launch credit valued at approximately $14 million and the agreement does not preclude Masten from soliciting higher offers via an

GovConWire's Government Contracting News 8/17/2022

Inflation Reduction Act Becomes Law

Thoma Bravo Closes $6.9B Acquisition of SailPoint Technologies

Dovarius Peoples: Policy, Tech Drive Army Corps of Engineers to Rethink IT Cybersecurity

Zero Trust is a Continuous Learning Process, Cyber Experts Say

Q&A With Isobar Public Sector CGO Yancey Hall Highlights Company’s Workforce-Focused Efforts

Noble to Provide DLA Aviation Supply Chain Management Services Under $1.2B Contract

6 Small Businesses Win Spots on $100M Army Construction Services Contract

Billy Morrison to Rejoin EnergySolutions as COO of Waste Management

20 Companies Land Spots on NIH’s New Business & Professional Support Services Contract Vehicle

Astrobotic Makes Formal Bid for Assets of Lunar Lander Company Masten

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