Top 5 Things to Know in Government Contracting (August 27 - September 5th)

Stay ahead in the dynamic world of government contracting with our roundup of the top five must-know updates from this week.

1. Executive Mosaic Unveils the GovCon Index

Executive Mosaic has launched the GovCon Index, a pioneering stock market tracker specifically for the government contracting sector. This index compiles data from 30 top publicly traded companies, offering real-time insights into industry performance and trends. This innovative tool is poised to transform how stakeholders, investors, and executives monitor and analyze the financial health of the GovCon industry.

2. DoD Introduces New IT Systems Access Policy

The Department of Defense (DoD) has released a new directive detailing the responsibilities of key officials, including the DoD CIO and the Director of the Defense Information Systems Agency, for managing access to the department’s IT systems. This policy aims to bolster security and streamline access management across the DoD’s extensive IT network.

3. U.S. Cyber Command Conducts First Offensive Cyber Flag 2024 Exercise

U.S. Cyber Command recently completed its inaugural Offensive Cyber Flag exercise, marking a significant shift from its traditional defensive focus. This exercise aimed to certify offensive cyber mission teams and enhance coordination among Five Eyes partners, including Australia, Canada, New Zealand, the United Kingdom, and the United States. This event represents a crucial step in improving mission readiness and operational capabilities in cyberspace.

4. CISA Launches Enhanced Cyber Incident Reporting Portal

The Cybersecurity and Infrastructure Security Agency (CISA) has introduced a new portal to streamline cyber incident reporting. This secure platform offers improved functionality, including the ability to save and update reports, share them with colleagues, and engage in informal discussions with CISA. The portal is part of CISA’s ongoing efforts to enhance cyber incident reporting and collaboration.

5. U.S. Army Awards Largest Single-Year Javelin Contract

The U.S. Army has awarded a $1.3 billion contract to a joint venture between Lockheed Martin and Raytheon for the production of Javelin antitank weapons. This contract, the largest single-year deal in the program’s history, includes the production of over 4,000 Javelins to replenish U.S. stockpiles and support ongoing military aid to Ukraine.

Stay tuned for more updates and insights in the world of government contracting!

Stay tuned for next week’s edition of “Top 5 Things to Know in GovCon this Week” for more insights and updates from RSM on the ever-changing government contracting industry!

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Contact our team now:

For information on D365 Business Applications – Jonathan.Reynolds@rsmus.com