US and France have reached a deal on digital tax, Macron says

CNBC | August 26, 2019

The U.S. and France have struck a deal to settle their differences over a French digital tax on big tech companies, French President Emmanuel Macron said on Monday. Under the deal, France will eliminate its 3% tax once a new international agreement on digital taxation is reached, Macron said. The companies that pay France’s tax will be reimbursed once the international agreement is in place, he added. “We’ve done a lot a work on the bilateral basis, we have a deal to overcome the difficulties between us,” Macron said, speaking alongside U.S. President Donald Trump.

Spotlight

There’s no GPS underground, so how will Bertha, the SR 99 tunneling machine, hit a precise target nearly two miles from her launch point at the south end of downtown Seattle? One of the tunnel boring machine (TBM) operators takes you underneath Seattle to show how it’s done.

Spotlight

There’s no GPS underground, so how will Bertha, the SR 99 tunneling machine, hit a precise target nearly two miles from her launch point at the south end of downtown Seattle? One of the tunnel boring machine (TBM) operators takes you underneath Seattle to show how it’s done.

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GOVERNMENT BUSINESS

Opus Interactive Partners with Carahsoft Technology Corp to Make Available Its Services for Federal, State, and Local Government

Opus Interactive | December 15, 2020

Opus Interactive, a main supplier of complex hybrid VMware cloud facilitating administrations, and Carahsoft Technology Corp., The Trusted Government IT Solutions Provider®, today reported a conventional association. Under the arrangement, Carahsoft will fill in as Opus Interactive's Master Government Aggregator® and make the FedRAMP Moderate Ready OpusGov (OG) accessible under Carahsoft's Haze Purchasing Program (CPP). This new association makes Opus Interactive's industry-driving high consistence, high security hybrid and multi-cloud administrations accessible to Federal, state, and nearby government and training associations. The set-up of start to finish administrations are presently accessible through Carahsoft's GSA Schedule, NASA Solutions for Enterprise-Wide Procurement (SEWP) V, National Association of State Procurement Officials (NASPO) ValuePoint, National Cooperative Purchasing Alliance (NCPA), OMNIA Partners and The Quilt contracts and the organization's affiliate accomplices. Opus Interactive's FedRAMP Moderate Ready IaaS/PaaS, hybrid and multi-cloud arrangements are worked for execution, security and interoperability. This structure empowers offices to advance, store, cycle and move crucial outstanding tasks at hand with unwavering quality and security. Subsequent to assessing CPU, stockpiling read/compose, IOPs and organization execution, an outsider report positioned the Opus cloud IaaS offering as industry-driving with better execution for lower cost, quicker application execution and unrivaled organization execution. The WBENC certified Women-owned Small Business (WOSB) and Indian-owned Economic Enterprise offers Cloud Smart services that include: HIPAA, PCI-DSS, SOC 2 Type 2 and FedRAMP Moderate Ready IaaS, hybrid and multi-cloud solutions FISMA High datacenters strategically located to provide redundant failover by geographic region and energy grid Flexible hardware options and solutions tailored to the unique needs of agency workloads Performance backed and guaranteed by SLA compared to other IaaS solutions Price-Performance (CPU Performance): 2000% better performance per dollar Application Performance (Read and Write IOPs): 60% more IOPs, 500% more write IOPs Network Performance (Mb/s): 12x more throughput “With over 20 years of successful performance in the commercial sector, we’re excited for this opportunity to partner with Carahsoft as our Master Government Aggregator,” said Opus Interactive CEO Shannon Hulbert. “Carahsoft’s understanding of government procurement processes and dedicated sales, marketing and contracting experts combined with Opus’ offerings allows us to more quickly bring hybrid and multi-cloud services to public sector agencies that are undergoing modernization and digital transformation initiatives.” While sending Opus arrangements, clients will have the option to exploit Carahsoft's extraordinary pay-more only as costs arise model and its specific comprehension of public area contracting and consistence prerequisites. Carahsoft's CPP offers the public area an adaptable and available approach to get cloud arrangements from single or various sellers. Through CPP, clients can buy CarahPoints to put toward cloud items and administrations on a month to month or prepaid premise to coordinate their main goal and utilization needs. By offering an online entryway and pay-more only as costs arise alternative, CPP is fit to offices and public area associations trying to maintain a strategic distance from the expenses and seller lock in of the conventional acquisition measure. More data is accessible on Carahsoft's committed CPP asset focus. “Opus Interactive’s focus on compliance with FedRAMP and the latest regulatory mandates makes them a great addition to our cloud solutions portfolio under CPP,” said John Lee, Vice President of Cloud Services at Carahsoft. “In addition, the company’s commitment to performance, cost-efficiency and interoperability between public cloud offerings makes OpusGov a perfect match for agencies looking to scale their operations affordably without sacrificing security. We look forward to working with Opus and our reseller partners to optimize cloud adoption in the public sector.” About Opus Interactive Founded in 1996, Opus Interactive has earned a reputation for custom IT solutions that fit unique requirements for security, scalability, cost, and future growth needs of its customers. An accredited member of the International Managed Services Provider Alliance, the Company operates from Tier III+ data centers located in Hillsboro, Portland, Dallas, and Northern Virginia. Through close partnerships with industry-leaders and a commitment to customer satisfaction, Opus delivers custom solutions for Cloud Hosting & IaaS, Colocation, DRaaS & Backup, Object Storage, VDI, and Public Cloud Monitoring & Management. About Carahsoft Carahsoft Technology Corp. is The Trusted Government IT Solutions Provider®. As a top-performing GSA Schedule, SEWP and ITES-SW2 contract holder, Carahsoft serves as the Master Government Aggregator® for many of its best-of-breed technology vendors, supporting an extensive ecosystem of manufacturers, value-added resellers, system integrators and consulting partners committed to helping government agencies select and implement the best solution at the best possible value.

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StringKing has won four Defense Logistics Agency contracts to produce 19 million disposable isolation gowns over the next 12 months.

StringKing | October 08, 2020

StringKing, a sporting goods, custom-fit apparel, and PPE manufacturer in Los Angeles, has won four Defense Logistics Agency contracts to produce 19 million disposable isolation gowns over the next 12 months. In April, StringKing was leading a team of 1,200 people producing 140,000 cloth face masks per day in Los Angeles. StringKing partnered with prime contractor Unifire Inc.—a highly rated US manufacturer and distributor of fire, rescue, police, and military equipment. StringKing is directly producing 12 million gowns, while they have partnered with three of the best garment manufacturers In Los Angeles to produce an additional 7 million gowns. In total, these contracts are creating an estimated 800 new jobs In Los Angeles.

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GOVERNMENT BUSINESS

Godspeed Capital Acquires Exceptional Software Strategies, Inc.

Godspeed Capital | January 15, 2022

Godspeed Capital Management LP (“Godspeed Capital”), a lower middle-market Defense & Government services, solutions, and technology focused private equity firm, today announced the successful acquisition of Exceptional Software Strategies, Inc. (“ESS” or the “Company”), a leading provider of information technology solutions to mission-oriented Federal agencies, including members of the Intelligence Community and Department of Defense agencies. The financial terms of the transaction were not disclosed. ESS boasts a 25-year history of successfully integrating mission-critical information technology solutions across the Intelligence Community. The Company provides core capabilities in cyber, software and systems engineering, and geographic information systems, and works with a broad array of Intelligence Community and Federal agencies with critical National Security missions, including a strong presence in Fort Meade, Maryland. Nearly each of the Company’s seasoned engineers across its dynamic team holds the highest-level of security clearance. By developing, testing, and deploying solutions to mitigate and combat threats across emerging areas of critical importance such as blockchain, cloud computing and storage, data analytics, and artificial intelligence, ESS is critically focused on leading the next frontier of cyber-protection and innovation. The newly acquired ESS will join Godspeed Capital’s recently formed high-end cyber and technology solutions platform holding company, designed to provide U.S. Defense and Intelligence Community agencies with a full suite of solutions to combat an increasing and ever-evolving level of cybersecurity and intelligence threats. Paul Stasko, Founder & President of ESS, said, “Godspeed Capital brings an exceptional amount of government-related expertise, know-how, and vision to the table, as well as a deep understanding of our core Intelligence Community customer set. We are excited to be joining Godspeed as part of a broader, better resourced and scalable platform strategy and look forward to collaborating with like-minded providers as we continue to enhance our collective solutions to meet the increasingly complex and evolving needs of the U.S. Intelligence Community.” “We are thrilled to partner with ESS, the go-to provider of mission critical solutions and services to the Intelligence Community and other Federal agencies. Through their unparalleled knowledge and experience with existing and legacy infrastructure, data flows, and processes, ESS is uniquely positioned to shape the future of mission critical technology and data protection requirements. The increased scale and profitability of the combined platform coupled with additional capital and resources from Godspeed will allow us to invest more in technology innovation, talent acquisition, and corporate infrastructure as we move forward. We look forward to accelerating the Company’s growth initiatives.” Douglas T. Lake, Jr., Founder & Managing Partner of Godspeed Capital About Exceptional Software Strategies, Inc. Founded in 1996 and headquartered in Linthicum Heights, Maryland, ESS is a professional services company providing information technology solutions to mission-oriented Intelligence Community and Department of Defense agencies. ESS offers core capabilities in cyber, software and systems engineering, and geographic information systems with a strong presence in Fort Meade, Maryland, but also with select Department of Defense agencies, and extensive past performance with a broad array of other Intelligence Community and Federal agencies with National Security missions. About Godspeed Capital Godspeed Capital is a lower middle-market Defense & Government services, solutions, and technology focused private equity firm investing alongside forward-thinking management teams that seek an experienced and innovative investment partner with unique sector expertise, operational insight, and flexible capital for growth. While a typical investment will involve companies generating approximately $3 million to $30 million of EBITDA, Godspeed Capital has significant support to complete larger transactions through strategic co-invest relationships. The firm focuses on control buyouts, buy-and-builds, corporate carve-outs, and special situations.

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