A survey by Guidehouse and the Association for Federal Enterprise Risk Management has found that cybersecurity and privacy continue to top the list of risks that federal agencies anticipate to have the greatest impact on the strategic objectives of their organizations in the next three to five years. The 2023 survey found an increase in the integration of enterprise risk management with budgetary processes, execution and other key management processes and that 62 percent of federal government leaders intend to have continued focus on risk appetite over the next year, Guidehouse said Tuesday.

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Valiant will help the Defense Logistics Agency manage chemical materials at two military aviation maintenance facilities in Corpus Christi, Texas, under a $50.8 million contract. The award covers chemical management support to the DLA Distribution Corpus Christi, which handles wholesale component distribution for helicopter repair operations, and the Corpus Christi Army Depot, the company said […] More

Kaus Phaltankar, co-founder and CEO of Caveonix, said the Federal Risk and Authorization Management Program Revision 5 baseline adds new controls, including a family of controls related to supply chain risk management. Phaltankar said in a Help Net Security video published Thursday that when it comes to changes to control parameters under the new baseline, […] More

The growth of the government contracting industry ushered in partnerships with the private sector, new market reaches, and job opportunities. On the other hand, this growth also opened the way for threats to come in and wreak havoc on crucial data and supply chain security.    What is supply chain security? Supply chain security is […] More

An Accenture study shows that defense supply chain resilience can significantly improve through the use of digital twins in the technological structure of defense agencies. The report, which sought input from global defense supply chain experts, highlights four barriers to implementing digital twins for increased military readiness. Digital twin technology has become a critical tool […] More

Chris Stone has been elevated to the dual role of vice president and chief supply chain officer at Lockheed Martin, according to his LinkedIn post published Friday. Prior to his promotion, he worked as the company’s vice president of supply chain for enterprise operations. He joined Lockheed in January 2021 after acting as VP of supply chain […] More

Troy Edgar, finance and supply chain transformation leader at IBM, brings experience from both sides of the government contracting equation — the public and private sectors. In addition to serving as the Department of Homeland Security’s chief financial officer, the former Navy submariner held roles like CFO and business operations leader of product support for […] More

Simba Chain has received a $30 million strategic funding increase from the U.S. Air Force to develop blockchain tools for supply chain management applications. The company said Tuesday the investment will be used to scale up the development of Simba Blocks enterprise platform for enabling customers to build and deploy blockchain applications. As part of […] More

Simba Chain has partnered with the Air Force Installation Contracting Center to enable federal agencies to access the former’s blockchain platform through a basic ordering agreement.  Federal clients will gain access to Simba Chain’s capabilities developed as part of a Phase III Small Business Innovation Research effort, Simba Chain said Wednesday. The proprietary software of […] More

Palantir Technologies has booked a $22 million contract with the Food and Drug Administration to serve as the central operating platform for the agency’s initiative to ensure food supply chain resilience. The deal builds on Palantir’s existing partnership with the FDA for its 21 Forward program, which was created in 2020 to modernize approaches to […] More

Tidelift, which provides platforms meant to improve the resilience of open source software supply chain, expanded its Series C financing to $33.5 million after securing additional investments from AEI HorizonX, a venture capital group formed by AE Industrial Partners and Boeing, and Cisco Investments. Tidelift said it will use the additional funding to expand its […] More

The U.S. Air Force is leveraging digital twins to optimize the acquisition process as part of a larger, Defense Department-wide digital transformation strategy that uses digital engineering and advanced modeling technology to achieve data centricity.  Part of this strategy is developing product lifecycle management, or PLM, systems that can link multiple facets of the acquisition […] More