The coronavirus has slowed down the closing of mergers and acquisitions in the government market but other considerations are also coming to mind for buyers and sellers.
While bids were due before its creation, L3Harris Technologies can claim this win of a $900 million Air Force training technology contract that helps explain how both sides of the merger saw each other.
Five supply chain risk mitigation initiatives are likely to result in new regulations on government contractors. Market watchers at law firm Covington walk through each change contractors should pay attention to and where the implementations of them currently stand.
By Samantha Clark, Susan B. Cassidy and Ryan Burnette
The General Services Administration awarded spots on its long-awaited e-commerce platform proof-of-concept test to Amazon, Overstock and Fisher Scientific.
The shift to telework has accelerated because of the COVID-19 and in many jurisdiction there is evidence the trend might continue after the market reaches the new normal.
By John M. Kamensky, MIchaela Drust and Emily Craig
Maxar Technologies is acquiring the remainder of a joint venture held with Saab and sees this deal as meeting customer demand for a lot of data about the Earth as soon as it can be taken in.
Accenture is arguing that the Centers for Medicare and Medicaid Services didn't conduct a proper evaluation when it picked Deloitte to run the Healthcare.gov portal.
A final call for bids is in the works, but the General Services Administration is giving 8(a) small businesses a broad look at the next STARS contract for IT services.
Deltek conducted the surveys for its annual Clarity report before the COVID-19 pandemic hit. But the findings still provide important benchmarks around growth, business development, IT trends and overall challenges to the GovCon community.
Credit analysts at Moody's Investors Service view the last decade's mergers and acquisitions as helping build a more resilient group of companies, but they are looking at other factors as ones to shape the market amid the pandemic's pressure on deal activity.
When Booz Allen Hamilton won a spot on the Navy's $980 million Financial Improvement and Audit Readiness contract, there was no requirement for bidders to be certified as independent public accountants. So when the Marine Corps made it a requirement for a task order, Booz Allen said "No way."
AE Industrial Partners details its second deal in less than a month by acquiring majority ownership of a nearly two-decade old government technology services company.
