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The satellite communications industry has reached a pivotal moment as SES finalizes its landmark $3.1 billion acquisition of Intelsat, creating a dominant force in government-focused satellite communications. This 15-month process has culminated in the formation of a new industry leader capable of delivering next-generation satellite communications solutions with unprecedented global reach and multi-orbit capabilities. A…
Refiners Sound the Alarm Over New Biofuel Mandates In a major industry update, U.S. oil refiners are pushing back hard against new federal biofuel blending rules that could dramatically increase their operational costs. The American Fuel and Petrochemical Manufacturers (AFPM) sent a direct letter to the White House warning that the proposed rule changes could…
A New Chapter in U.S.–EU Trade Relations In a pivotal business update, the United States and the European Union have finalized a sweeping trade agreement that could reshape transatlantic commerce for years to come. Signed on July 27, the deal includes reduced tariffs on major imports and exports, notably automobiles, semiconductors, and clean energy technologies.…
A new government procurement cancellation, the U.S. Coast Guard has abruptly canceled its $500 million Business and Logistics Management Support Services (BLMSS) government procurement, leaving industry insiders reeling. After nearly 18 months of planning, the Coast Guard posted a terse notice on SAM.gov: “This opportunity is cancelled and will not be solicited.” No reasons were…
The U.S. is seeing a surprising surge in gas-fired power plant development, and it’s shaking up the energy sector in a big way. More than 100 gigawatts of new natural gas capacity have been announced, driven by rising electricity demand from artificial intelligence (AI), data centers, manufacturing reshoring, and battery storage expansion. It’s a building…
The U.S. House of Representatives is looking into making improvements related to defense oversight with some quick steps in the fiscal 2026 defense policy bill. Mandating the Pentagon to create a “Clandestine Activities Vendor Database” to track commercial vendors in secret military ops. This defense oversight initiative, part of the massive National Defense Authorization Act,…
In recent turns of events, the Government Accountability Office (GAO) has slammed a proposal in the 2025 National Defense Authorization Act that would force losing bid protesters to cover government and contractor costs in procurement reform efforts. GAO’s General Counsel, Edda Emmanuelli Perez, argues this cost-sharing plan could sabotage procurement reform by discouraging competition and…
Why GE Vernova Made the Move GE Vernova has just acquired Alteia, a France-based artificial intelligence firm that specializes in visual data analytics. While that might sound technical, the impact is anything but boring. Alteia’s technology uses drone footage, satellite images, and other visual data to help companies make smarter decisions—fast. For GE Vernova, a…
Starting October 1, 2025, Florida will eliminate the sales tax on commercial leases, making rent tax-free for businesses. House Bill 7031 also includes corporate tax updates, new sales tax holidays on outdoor gear, permanent exemptions for bullion and safety gear, and expanded tax credits for housing families of sick children. Sales Tax Ends on…
Summer Sales Smash Records In a powerful display of consumer enthusiasm, U.S. online shoppers spent a staggering $24.1 billion over just four days, from July 8–11. What began as a routine round of “Black Friday in July” deals turned into a shopping frenzy, supercharged by Amazon’s extended 96-hour Prime Day, major discounts from Target, Walmart,…