Mnuchin says U.S. government must cut spending, shrink deficits: CNBC

Reuters | January 23, 2020

Treasury Secretary Steven Mnuchin said on Thursday the U.S. government cannot sustain federal deficits growing at current levels and will have to slow the rate of spending. As he acknowledged the administration of Republican President Donald Trump was considering additional tax cuts to stimulate the economy, Mnuchin blamed government spending - and Democrats in Congress - for the federal deficit. In an interview with CNBC, Mnuchin said increased military and non-military spending was the cause of the deficits, not the tax cuts pushed through Congress by Trump in late 2017.

Spotlight

The Australian Government holds vast amounts of data collected from individuals and businesses, and generated by different government agencies. Efficient collection, use and re-use of data is key to improving the efficiency of government spending and delivering more effective and better targeted evidence-based government policies, programs and services.

Spotlight

The Australian Government holds vast amounts of data collected from individuals and businesses, and generated by different government agencies. Efficient collection, use and re-use of data is key to improving the efficiency of government spending and delivering more effective and better targeted evidence-based government policies, programs and services.

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Forward Networks Collaborates with Carahsoft to Provide Enterprise Network Verification, Visualization, and Cyber Security Tools to Federal Government

Forward Networks | May 18, 2021

Forward Networks, the industry leader in network assurance and intent-based verification, reported today that it has been named a manufacturer on the U.S. Army Computer Hardware Enterprise Software and Solutions contract (ITES-SW2) (CHESS). Carahsoft Technology Corp., The Trusted Government IT Solutions Provider®, holds this contract, which is valid until August 30, 2025. The ITES-SW2 contract vehicle is a firm-fixed-price, indefinite-delivery/indefinite-quantity contract vehicle for commercial off-the-shelf software devices, as well as associated services and hardware. There are no costs associated with the deal, and ordering is available to all Army, DoD, and Federal departments, as well as approved systems integrators, on a global scale. Under this contract, Carahsoft provides Forward Networks of software, software maintenance, and ancillary services to support the enterprise software needs of federal agencies. By providing an always accurate digital twin of the network, the Forward Networks platform assists Army, DoD, and Federal Government customers in making their networks more predictable, agile, and safe. The Forward Networks platform is based on a mathematical model that can map any possible traffic route in the network, provide a complete device index with configuration and state details, and predict how improvements will affect the network before they are pushed live, based on years of Ph.D. and business research. Customers who use the platform report saving hundreds of hours per week on troubleshooting, reducing network outages significantly, and saving millions of dollars every year. The Forward Networks platform provides comprehensive visibility, that security teams appreciate. The verification feature includes an ongoing audit to ensure that the network is following security policies. When an incident occurs, the platform's diff application enables security analysts to determine when the network was compromised, what change caused the incident, and locate all affected hosts. The Forward Networks platform is available as an on-premises solution or as a SaaS solution. About Forward Networks Forward Networks is transforming how large networks are managed. Forward's advanced software creates a network's "digital twin," enabling network operators to verify intent, predict network activity, and simplify network management. Both major networking vendors' devices, as well as AWS, Azure, and Google Cloud Platform are supported by the platform. Forward Networks, headquartered in Santa Clara, California, was founded in 2013 by four Stanford Ph.D. graduates. Goldman Sachs, Andreessen Horowitz, Threshold Ventures, and A. Capital is among the investors.

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GOVERNMENT BUSINESS

SAIC Ranked #1 in Gartner Market Share: IT Services, Worldwide 2021

SAIC | May 23, 2022

Science Applications International Corp. announced that Gartner’s new Market Share report on IT services ranked the company as the #1 provider by revenue of IT services to the U.S. government in two categories; infrastructure implementation and managed services, and application managed services. This is the second consecutive year the company was ranked #1 for application managed services. Additionally Gartner’s report also ranked SAIC as the #2 provider of application implementation and managed services, and for the second year in a row #3 for technology consulting, and the #3 overall IT services provider by revenue in all segments for the U.S. government. Gartner’s Market Share: IT Services, Worldwide 2021 provides a comparison of 2021 revenue performance and market share rankings for more than 250 IT service providers. We feel it is thanks to the expertise, customer focus and dedication of our employees, that SAIC is highly ranked in several critical categories of services provided to the U.S. government. We are thrilled to be ranked the number one U.S. government services provider by revenue for infrastructure implementation and managed services, as well as application managed services for the second year in a row. We believe, these rankings demonstrate SAIC’s continued investment and focus on modernization services to continue providing value to our customers.” Sanjay Sardar, senior vice president of digital at SAIC Gartner also mentioned SAIC in a separate report, Competitive Landscape: Cloud Infrastructure and Platform Professional and Managed Services, U.S. Government. GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved. Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose. About SAIC SAIC is a premier Fortune 500 technology integrator driving our nation’s technology transformation. Our robust portfolio of offerings across the defense, space, civilian and intelligence markets includes secure high-end solutions in engineering, digital, artificial intelligence and mission solutions. Using our expertise and understanding of existing and emerging technologies, we integrate the best components from our own portfolio and our partner ecosystem to deliver innovative, effective and efficient solutions that are critical to achieving our customers' missions. We are approximately 26,000 strong; driven by mission, united by purpose, and inspired by opportunities. SAIC is an Equal Opportunity Employer, fostering a culture of diversity, equity and inclusion, which is core to our values and important to attract and retain exceptional talent. Headquartered in Reston, Virginia, SAIC has annual revenues of approximately $7.4 billion.​​​​

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Braille Energy Systems Inc. Received GSA Approval under Federal Government's Multiple Award Schedule (MAS) for Industrial Products and Services

Braille Energy Systems Inc. | September 15, 2020

Braille Energy Systems Inc. (formerly Mincom Capital Inc.) (TSX-V: BES) (“BESI” or the “Company”), announced today that it has received U.S. General Services Administration (GSA) approval under the Federal Government's Multiple Award Schedule (MAS) for Industrial Products and Services (MAS Category 335911: Batteries Includes, but not limited to, batteries, chargers, monitoring systems, battery spill containment systems, and all options, parts, and accessories related to these products. Products can be used for rental, emergency, or disaster recovery efforts). Accordingly, BESI is now recognized by the GSA as an approved federal contractor for industrial products and services.

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