New tariffs spark industry shake-up for GovCon
Government contractors face a choice: hold steady, retreat or look for opportunities to seize, writes Jeremy Doochin of GovSignals. Trump’s once-in-a-century tariffs last week triggered retaliatory measures from major economies and sent global stock markets in freefall. At the same time, sweeping budget cuts from Elon Musk’s Department of Government Efficiency have disrupted the federal contracting […]
DOGE guts HHS small business office in reorg effort
Only the OSDBU executive director remains to advocate for small businesses at the Department of Health and Human Services, which obligated $39 billion in contracts last year. Thousands of workers have been laid off at the Department of Health and Human Services and now we can include in that the dismantling of HHS’ Office of Small and […]
HawkEye 360 brings in Probert to lead US government biz
The 10-year-old satellite operator is pushing to increase its footprint across defense and intelligence agencies. HawkEye 360 has hired a new president for its U.S. government business in Todd Probert, who joins the space data and analytics provider after 15 years in executive roles at CACI International and Raytheon. Probert will lead HawkEye 360’s work with […]
GSA eyes 399 more small business awards for OASIS+
The General Services Administration identifies who it wants to join the 8(a), service-disabled/veteran-owned and woman-owned small business portions for the professional services vehicle. The General Services Administration is eyeing 399 more small businesses to join the growing roster of awardees for OASIS+, the massive government-wide professional services contract vehicle with no ceiling. GSA announced those companies as […]
Washington Harbour Partners buys stake in debris-tracking satellite firm
The investment is the second announced within a week for Turion Space, which also builds satellites that can improve space-domain awareness. Turion Space has announced its second investor in a week by adding private equity firm Washington Harbour Partners to its stable of backers. Washington Harbour’s entry into Turion was announced Wednesday and follows Critical Software’s investment that […]
WT 360: We unpack the 2024 M&A roundup and GovCon’s ongoing adjustment to Trump 2.0
Nick and Ross start out by going over the newest edition of our annual report that catalogs merger-and-acquisition activity, then shift their discussion to how the new administration still leaves contractors guessing roughly 11 weeks in. In each year from 2004 and onward, WT publishes a report and augmenting analysis that catalogs merger-and-acquisition activity in […]