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CBRE Group to Acquire J&J Worldwide Services for $800M; Steve Kelley & Sean Thompson Quoted

ExecutiveBiz

In addition to the initial purchase price, the deal has a potential earn-out of up to $250 million, payable in 2027 and subject to J&J meeting certain performance thresholds, the Austin, Texas-based mission support services provider said Monday.

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Lawmakers advance DHS bills to ban Chinese batteries, help TSAers with commute

Federal News Network

Under the bill, DHS would be able to waive the prohibition if it determines the battery purchases don’t pose a national security risk. The bill would block DHS from procuring batteries from six Chinese companies over concerns about human rights abuses, as well as supply chain and cybersecurity concerns.

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NDAA amendment to give more authority to DoD components to buy cyber products

Federal News Network

The Senate Armed Services Committee has introduced an amendment that would give the Defense Department components more authority to purchase alternative cybersecurity products and services. The components can also procure cyber services independently if the DoD CIO office approves the purchase.

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J&J Worldwide Services to be Acquired by CBRE Group

WashngtonExec

The initial purchase price is $800 million in cash, plus a potential earn-out of up to $250 million, payable in 2027 and subject to [.] J&J Worldwide Services, a portfolio company of Arlington Capital Partners, has entered into a definitive agreement to be acquired by CBRE Group, Inc.,

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AWS Partners help public sector organizations harness the power of data

AWS Public Sector

The Worldwide IDC Global DataSphere Forecast, 2023–2027 , estimates that 129 zettabytes will be generated this year and will more than double by 2027. It can now quickly scale to add more data systems and sets without purchasing or managing new hardware.

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UK: start of the public consultation on the introduction of a UK carbon border adjustment mechanism (CBAM)

Import and Trade Remedies

The UK CBAM is expected to enter into force in 2027, without a transitional period Under the proposals, unlike EU CBAM, there will be no reporting-only transitional phase for UK CBAM and so CBAM liabilities will be incurred as soon as the regime becomes operational at the start of 2027.

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Three new story arcs of ‘As GSA’s Acquisition World Turns’

Federal News Network

And a new branch of the story line emerges with the release of the draft performance statement of work for the ASCEND cloud service blanket purchase agreement after “being in a coma” for almost 18 months. billion in 2027. The new player GSA had hoped to award the next generation Commercial Platform Initiative (CPI) contract before Dec.

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