Shield AI Closes $240M Funding Round
[ad_1] Shield AI has raised $240 million in a round of F-1 strategic financing, bringing the deep-tech company’s valuation to approximately $5.3 billion. The company said Thursday it will use the capital to expand the deployment of its Hivemind Enterprise autonomy software to government agencies, original equipment manufacturers and companies. What Is Hivemind Enterprise? Hivemind […]
How will Congress resolve the budget with just days remaining before funds run out
[ad_1] Like sands through the hourglass, so are the days of our budget. With a continuing resolution set to expire Thursday, a full-year CR seems likely at this point. For the latest on this and everything else going on in Congress, the Federal Drive with Tom Temin turned to WTOP Capitol Hill Correspondent Mitchell Miller. […]
TSA Discloses Plans for Follow-On Network Equipment, Maintenance IDIQ
[ad_1] Transportation Security Administration seal, TSA.gov, Licensed under Public Domain The Transportation Security Administration has announced plans to launch a competition for a follow-on indefinite-delivery/indefinite-quantity contract or a blanket purchase agreement, or BPA, to replace network equipment and provide licensing and maintenance support to meet mission needs. According to a notice published Thursday on the […]
Top US health agency makes $25,000 buyout offer to most of its employees
[ad_1] Top US health agency makes $25,000 buyout offer to most of its employees Most of the 80,000 federal workers of the Health and Human Services Department were emailed an offer to leave their job for as much as a $25,000 payment. AMANDA SEITZ March 10, 2025 7:41 am 2 min read WASHINGTON (AP) — […]
DLA Awards Up to $5.6B Contracts to AmerisourceBergen, Other Pharma Companies
[ad_1] The Defense Logistics Agency has named AmerisourceBergen Drug, DMS Pharmaceutical Group and Cardinal Health Inc. as recipients of firm-fixed-price contracts valued at up to $5.64 billion for pharmaceutical and pharmaceutical-related products. The Department of Defense said Friday that the contractors will support the Defense Health Agency, the Navy, the Coast Guard and various federal civilian […]
Karl Borden Named System High EVP for Operations & Growth
[ad_1] Karl Borden, a security professional with over three decades of experience, has been promoted to executive vice president for operations and growth at System High. The global protection and security engineering services provider said Tuesday Borden will spearhead its day-to-day operations while developing and implementing growth strategies to drive System High’s organizational performance and expansion. The security […]
Long awaited update of conflict-of-interest rules is in the works
[ad_1] The Federal Acquisition Council has awoken to the need to revise organizational conflict of interest rules for federal contractors. Congress mandated the change in 2022. Fifteen years have passed since the last revision. Haynes Boone procurement attorney Zach Prince has been following this rule and joined the Federal Drive with Tom Temin to discuss. Tom Temin: […]
GSA tries to walk back hundreds of lease terminations for ‘public-facing’ office space
[ad_1] The General Services Administration terminated nearly 1,000 federal office leases last week — the first of several waves of downsizing its leaders expect complete between now and the end of the fiscal year. But GSA’s real estate shop is already trying to walk back hundreds of those lease terminations, after officials discovered that closing […]
Sikorsky Aircraft Awarded $100M Navy Contract for H-53 Helicopter Sustainment Services
[ad_1] Sikorsky Aircraft, a Lockheed Martin subsidiary, has received a $100 million modification to a previously awarded indefinite-delivery/indefinite-quantity contract from the U.S. Navy for sustainment services for the H-53 heavy-lift transport helicopter. H-53 Helicopter Support Contract Details The Department of Defense said Tuesday the modification to the cost-plus-fixed-fee, firm-fixed-price contract covers additional services, including compatibility assessments, engineering […]
Do not misunderstand the CMMC
[ad_1] In October, the Cybersecurity Maturity Model Certification final program rule was published by the Defense Department. The CMMC outlines security controls that federal contractors must have in place to protect federal contracting information (FCI) and controlled unclassified information (CUI). Across my LinkedIn feed, federal contractors are expressing concern about the pressure that they feel […]