It was a stellar debut for Firefly Aerospace on NASDAQ. Proving once again that the defense industrial base is a hot ticket for investors! The company’s upsized initial public offering was a gravity-defying success, pulling in a cool $868 million and rocketing its valuation to an estimated $8.5 billion. Firefly, the launch and space systems…
In today’s digital battlefield, cyber attacks don’t just target weapon systems, they target the small contractors who help build them. That’s why CMMC compliance isn’t just a line item on your checklist , it’s now a gateway to staying in business with the Department of Defense (DoD). Many small and mid-sized businesses in the Defense…
The federal procurement market is entering a new phase with the launch of the General Services Administration’s (GSA) OneGov Strategy. This initiative aims to centralize purchasing for common goods and services, cut costs, and make acquisition more efficient across agencies. For contractors, it represents both a challenge and a significant opportunity — particularly for those…
Introduction: Why Go Solo When You Can Team Up? Let’s face it — navigating government contracting alone is like trying to row a canoe upstream… with a spoon. Yes, you could make it eventually, but wouldn’t it be nicer to have someone help paddle? Enter teaming agreements and subcontracting — powerful tools that allow small…
Budget Uncertainty and Continuing Resolutions The federal budget is still up in the air. Congress has not passed all spending bills. Instead, agencies are on a continuing resolution. This holds funding at last year’s levels. In federal contracting, this means delays. New projects may wait. Existing contracts keep going, but no extra funds kick in.…
A Sudden Shakeup in 8(a):House Democrat Pushes Back on SBA’s Move to Strip USAID of Contracting Authorityy. In a move that’s reverberating far beyond one agency, the Small Business Administration (SBA) has pulled the plug on USAID’s 8(a) contracting authority and not everyone in Washington is applauding. Leading the charge in opposition is Rep. Nydia…
Rep. Nydia Velázquez criticizes the SBA for stripping USAID’s SBA 8(a) contracting power over one bribery case. With no proof of wider issues, she warns this move could hurt small businesses relying on federal contracts and demands transparency from the agency. Politics Enters the SBA 8(a) Program Shakeup The Small Business Administration is catching heat…
Major Workforce Reduction Signals a Shift Chevron has officially announced its plan to eliminate around 8,000 jobs globally by 2026. This represents a 15–20% cut in its workforce as part of its cost-saving initiative after acquiring Hess Corporation. This major shift is aimed at streamlining operations, eliminating overlapping roles, and ultimately saving about $3 billion…
Trump Administration Picks Wall Street Veteran for GSA Chief Role The White House has officially nominated Edward Forst, a Wall Street heavyweight with a résumé spanning Goldman Sachs, Cushman & Wakefield, and most recently Lion Capital to lead the General Services Administration (GSA). The move comes more than seven months into President Trump’s second term…
V2X has clinched a transformative $4.3 billion, nine-year logistics services contract to support the U.S. military’s T-6 jet fleet. This is vital for pilot training across the Air Force, Army, and Navy. This logistics services deal, officially the Contractor Operated and Maintained Base Supply Services (COMBS), ensures 739 T-6 jets remain flight-ready at 11 U.S.…