Government procurement in the United States

AM Best Comments on Credit Ratings of Great-West Lifeco Inc. and Its Subsidiaries Following Announced Acquisition of Prudential’s Retirement Business

Retrieved on: 
Wednesday, July 21, 2021

AM Best notes that Empower Retirement has a favorable track record of successfully acquiring and integrating prior acquisitions and the acquisition of Prudentials retirement business will significantly increase the companys scale and market share in the full-service retirement space.

Key Points: 
  • AM Best notes that Empower Retirement has a favorable track record of successfully acquiring and integrating prior acquisitions and the acquisition of Prudentials retirement business will significantly increase the companys scale and market share in the full-service retirement space.
  • This press release relates to Credit Ratings that have been published on AM Bests website.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Bests Credit Ratings .
  • For information on the proper use of Bests Credit Ratings, Bests Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Bests Ratings & Assessments .

S&K Mission Support Awarded New GSA 8(a) STARS III Contract

Retrieved on: 
Wednesday, July 21, 2021

S&K Mission Support, LLC (SKMS), a leading information technology and technical assistance company, was awarded a new 8(a) Streamlined Technology Acquisition Resource for Services (STARS) III Governmentwide Acquisition Contract (GWAC). This multi-award IDIQ contract is managed by the GSA and serves all federal agencies. The contract ceiling is $50 billion with an ordering period through June 2029.

Key Points: 
  • S&K Mission Support, LLC (SKMS), a leading information technology and technical assistance company, was awarded a new 8(a) Streamlined Technology Acquisition Resource for Services (STARS) III Governmentwide Acquisition Contract (GWAC).
  • This multi-award IDIQ contract is managed by the GSA and serves all federal agencies.
  • 8(a) STARS III is a contract acquisition program that enables SKMS the opportunity to support federal agencies with IT services - Data Management, Information and Communications Technology, IT Operations and Maintenance, IT Security / IT Workforce Augmentation, Software Development and Systems Design.
  • We are excited to be part of the program and look forward to using STARS III as a way to serve our current and future customers.

U.S. Air Force Exercises Year Two on IDIQ Contract with Nasatka Security

Retrieved on: 
Tuesday, July 20, 2021

Las Vegas, Nevada, July 20, 2021 (GLOBE NEWSWIRE) -- Nasatka Security CEOJohn Scolaroannounced today that the U.S. Air Force exercised Option Year 2 on its Indefinite Delivery/Indefinite Quantity (IDIQ) Contract (FA800319DA001) with Nasatka to provide preventative maintenance and repairs to active vehicle barriers (AVBs) at all U.S. Air Force Bases in the Continental United States (CONUS).

Key Points: 
  • Las Vegas, Nevada, July 20, 2021 (GLOBE NEWSWIRE) -- Nasatka Security CEOJohn Scolaroannounced today that the U.S. Air Force exercised Option Year 2 on its Indefinite Delivery/Indefinite Quantity (IDIQ) Contract (FA800319DA001) with Nasatka to provide preventative maintenance and repairs to active vehicle barriers (AVBs) at all U.S. Air Force Bases in the Continental United States (CONUS).
  • Nasatka was one of only four awardees and competes at the task order level for individual bases issuing task order pricing requests (TOPRs) under this IDIQ contract.
  • As of July 2021, Nasatka has won task orders to perform the work on 12 U.S. Air Force bases.
  • According to the Department of Defense (DOD), the U.S. Air Force contract value caps out at $45,000,000 (USD)overall and will cover as many as 154 U.S. Air Force bases nationwide, with 66 bases designated as mandatory participants.

CMiC and ServcoCanada Partner to Drive Operational Excellence

Retrieved on: 
Tuesday, July 20, 2021

TORONTO, July 20, 2021 /PRNewswire/ - CMiC today announced a new partnership with specialty contracting group, ServcoCanada, as the accounting, project and document management system of record.

Key Points: 
  • TORONTO, July 20, 2021 /PRNewswire/ - CMiC today announced a new partnership with specialty contracting group, ServcoCanada, as the accounting, project and document management system of record.
  • Considerable growth through acquisitions and expansion exposed some limitations in workflows that ServcoCanada sought to solve.
  • "We are thrilled to have ServcoCanada join the CMiC family," said Laurent Amar, Vice President of SMB Sales at CMiC.
  • As an industry pioneer, CMiC delivers complete and unified ERP and FIELD solutions for construction and capital projects firms.

JFrog Completes Acquisition of Vdoo

Retrieved on: 
Monday, July 19, 2021

JFrog Ltd. (JFrog) (NASDAQ: FROG), the liquid software company, today announced the closing of the previously reported acquisition of product security company Vdoo Connected Trust Ltd. (Vdoo).

Key Points: 
  • JFrog Ltd. (JFrog) (NASDAQ: FROG), the liquid software company, today announced the closing of the previously reported acquisition of product security company Vdoo Connected Trust Ltd. (Vdoo).
  • JFrog will share financial and operational updates during its second quarter earnings call on August 5th, 2021.
  • JFrog is trusted by millions of users and thousands of customers, including a majority of the Fortune 100 companies that depend on JFrog solutions to manage their mission-critical software delivery pipelines.
  • Examples of such forward-looking statements include statements regarding the acquisition of Vdoo, our leadership position in the markets in which we participate, our ability to meet market demands and our expectations regarding the acquisition of Vdoo by us, including our ability to successfully integrate the acquisition into our business operations, including the DevOps platform, and realize anticipated benefits and synergies from the acquisition.

Property Solutions Acquisition Corp. Receives Minimal Redemptions; Faraday Future to Ring the Opening Bell at Nasdaq

Retrieved on: 
Monday, July 19, 2021

ABOUT PROPERTY SOLUTIONS ACQUISITION CORP.

Key Points: 
  • ABOUT PROPERTY SOLUTIONS ACQUISITION CORP.
    Property Solutions Acquisition Corp. is a special purpose acquisition company formed for the purpose of effecting a merger, stock purchase or similar business combination with one or more differentiated businesses.
  • This press release relates to a proposed transaction between PSAC and FF.
  • The proxy statement/consent solicitation statement/prospectus has been mailed to stockholders of PSAC as of the June 21, 2021 record date established for voting on the proposed business combination.
  • PSAC also will file other relevant documents from time to time regarding the proposed transaction with the SEC.

Faraday Future Launches All-New User-Focused FF Intelligent App Ahead of the Scheduled Closing of its Business Combination with Property Solutions Acquisition Corp. (PSAC)

Retrieved on: 
Monday, July 19, 2021

ABOUT PROPERTY SOLUTIONS ACQUISITION CORP.

Key Points: 
  • ABOUT PROPERTY SOLUTIONS ACQUISITION CORP.
    Property Solutions Acquisition Corp. is a special purpose acquisition company formed for the purpose of effecting a merger, stock purchase or similar business combination with one or more differentiated businesses.
  • This press release relates to a proposed transaction between PSAC and FF.
  • The proxy statement/consent solicitation statement/prospectus has been mailed to stockholders of PSAC as of the June 21, 2021 record date established for voting on the proposed business combination.
  • PSAC also will file other relevant documents from time to time regarding the proposed transaction with the SEC.

Property Solutions Acquisition Corp. Reminds Stockholders to Vote in Favor of Business Combination with FF Intelligent Mobility Global Holdings Ltd.

Retrieved on: 
Thursday, July 15, 2021

ABOUT PROPERTY SOLUTIONS ACQUISITION CORP.

Key Points: 
  • ABOUT PROPERTY SOLUTIONS ACQUISITION CORP.
    Property Solutions Acquisition Corp. is a special purpose acquisition company formed for the purpose of effecting a merger, stock purchase or similar business combination with one or more differentiated businesses.
  • This press release relates to a proposed transaction between PSAC and FF.
  • The proxy statement/consent solicitation statement/prospectus has been mailed to stockholders of PSAC as of the June 21, 2021 record date established for voting on the proposed business combination.
  • PSAC also will file other relevant documents from time to time regarding the proposed transaction with the SEC.

Vectrus Awarded Two AFCAP V Task Orders Valued at $40 Million

Retrieved on: 
Thursday, July 15, 2021

COLORADO SPRINGS, Colo., July 15, 2021 /PRNewswire/ --Vectrus, Inc., (NYSE: VEC), a leading global government services company, announced that it was awarded two new firm-fixed-price task orders valued at $40 million to provide installation and other support services to the U.S. Air Force.

Key Points: 
  • COLORADO SPRINGS, Colo., July 15, 2021 /PRNewswire/ --Vectrus, Inc., (NYSE: VEC), a leading global government services company, announced that it was awarded two new firm-fixed-price task orders valued at $40 million to provide installation and other support services to the U.S. Air Force.
  • The task orders were awarded under the Air Force Contract Augmentation Program V, or AFCAP V, which is a $6.4 billion IDIQ contract vehicle that provides contingency planning, deploying, training, and equipping of forces; emergency and contingency construction; and logistics and commodities and services.
  • "Our work supporting the Air Force's most critical mission requirements is strengthened with two new wins under the AFCAP V IDIQ contract," said Chuck Prow, president and chief executive officer of Vectrus.
  • For more information, visit the company's website at www.vectrus.com or connect with Vectrus on Facebook , Twitter , and LinkedIn .

Amentum Selected for $950M RISE IDIQ

Retrieved on: 
Wednesday, July 14, 2021

The Air Force Life Cycle Management Center has selected Amentum , a leading contractor to U.S. federal and allied governments, to provide infrastructure, supporting tools and services for its threat radar systems and combat training ranges under a new indefinite-delivery, indefinite-quantity (IDIQ) contract.

Key Points: 
  • The Air Force Life Cycle Management Center has selected Amentum , a leading contractor to U.S. federal and allied governments, to provide infrastructure, supporting tools and services for its threat radar systems and combat training ranges under a new indefinite-delivery, indefinite-quantity (IDIQ) contract.
  • The Range IDIQ Support Effort (RISE) multiple award contract has a maximum value of $950 million over five years.
  • Amentum is pleased to be included among the companies awarded a position on the RISE IDIQ, which will allow the Air Force to support and modernize its range threat systems, said Greg Ihde, senior vice president of Amentums Operations, Warfighter Support Sector.
  • Amentum is a premier global technical and engineering services partner supporting critical programs of national significance across defense, security, intelligence, energy, and environment.