UPDATE: This story has been updated with comments from GSA. The General Services Administration is quietly placing new cybersecurity requirements on contracts that parallel the Defense Department’s ...

Companies in the 8(a) small business contracting program are facing unprecedented pressure as the Trump administration paints it as rife with corruption and a bastion of illegal diversity, equity, and ...

The Treasury Department has moved to cancel all contracts with Booz Allen Hamilton, two years after a former company employee pled guilty to leaking President Trump's confidential tax information ...

The Defense Department is joining several other agencies in a top-to-bottom review of 8(a) small business contracts. In a video posted Friday to X, Defense Secretary Pete Hegseth said the department ...

Slingshot Aerospace will apply its artificial intelligence experience and knowledge in work to modernize training scenarios for Space Force under a $27 million contract. The company will focus on ...

Parsons Corp. has acquired Altamira Technologies Corp. at a cash price of $330 million to incorporate more offerings in analytics and the field of ISR – intelligence surveillance and reconnaissance.

L3Harris Technologies’ plan to create a new publicly traded solid-rocket-motor company in the second half of this year includes the U.S. government, which will become a significant stockholder in that ...

Array Labs, a maker of small satellites for use in Earth observation, has fetched $20 million in Series A capital from investors to support its push into national security and commercial industries.

L3Harris Technologies has agreed to sell a majority stake in its space propulsion and power systems business to AE Industrial Partners, the private equity firm behind other space companies such as ...

As part of an ongoing audit, the Small Business Administration has mandated that all companies participating in the 8(a) socioeconomic contracting program turn over their financial records by Jan. 5.

Markon grows its workforce to around 600 people with this transaction, the newest in a handful of them with Sterling Investment Partners' backing. Markon has acquired a developer of cybersecurity and ...

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