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FCW Insider: June 3, 2021

White House leverages procurement authority to address racial wealth gap

The Biden administration is hoping to steer $100 billion in federal contracting opportunities to small, disadvantaged businesses over the next five years in an effort to narrow economic divides in the United States.

Lawmakers seek IG probes of telework cybersecurity

A group of House lawmakers are calling on the inspectors general of nine executive departments and the intelligence community to see what cybersecurity vulnerabilities may have arisen due to the mass increase of telework during the coronavirus pandemic.

Navy projects $133 million in business system reforms savings for 2022

The Navy claims it saved $4.2 billion through reform efforts for its fiscal 2022 budget request via business process and systems improvement and divestments.

Legacy tech hindered delivery of unemployment benefits during the pandemic, IG finds

States with modernized systems were able to stand up new programs faster than states that relied on legacy technology, according to a new report from the Labor Department's internal watchdog.

Quick Hits

*** Cybersecurity vendor FireEye on Wednesday announced it had reached a $1.2 billion all-cash deal with a consortium led by Symphony Technology Group to sell its products business. The agreement is expected to close by the end of the fourth quarter and will separate FireEye's network, email, endpoint and cloud security products. The products business and Mandiant Solutions will continue to operate as a single entity until the transaction closes.

*** The Food and Drug Administration has issued a challenge to digitize the data in the food distribution system so contaminated food can be rapidly identified, traced and removed from the marketplace. GCN has more on this story.

Posted by FCW Staff on Jun 03, 2021 at 2:17 AM


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    Worries from a Democrat about the Biden administration and federal procurement

    Steve Kelman is concerned that the push for more spending with small disadvantaged businesses will detract from the goal of getting the best deal for agencies and taxpayers.

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