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Bipartisan Senate bill aims to ban U.S. agency purchases of counterfeit electronics 

FedScoop

Federal government agencies would be prohibited from using certain products if they were purchased from an entity other than the original manufacturer or an authorized reseller under a new bipartisan Senate bill. agency purchases of counterfeit electronics appeared first on FedScoop.

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State Department Approves $85M Danish Government Request to Purchase Northrop-Built Precision Guidance Kits

ExecutiveBiz

The Danish government requested to purchase up to 5,832 M1156 Precision Guidance Kits manufactured by Northrop Grumman and related elements of logistics and program support, including ancillary items, compatibility testing, firing tables, technical assistance, technical data and […]

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GSA CIO, IG spar over purchase of China-made video conferencing cameras

Federal News Network

GSA Chief Information Officer David Shive also says nobody at the agency intentionally misled the contracting officer into approving the purchases. also maintains that the purchase violated the Trade Agreements Act of 1979. also maintains that the purchase violated the Trade Agreements Act of 1979. Deputy IG Robert Erickson Jr.

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GSA working on corrective action plan for its noncompliant video-conferencing camera purchase

FedScoop

Following scrutiny from both an agency watchdog and Congress for its purchases of Chinese-made video-conference cameras that were susceptible to security vulnerabilities, the General Services Administration said Thursday that it must deliver a corrective action plan to its inspector general’s office by March 25.

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Congresswoman blasts GSA for purchasing Chinese tech

Federal News Network

The 85 percent: FEBs’ future is open-ended, but not uncertain - Federal News Network) The General Services Administration is facing new scrutiny about its purchase of prohibited telecommunications technology from China. Mace probes GSA about purchases of prohibit technology - Rep. Nancy Mace (R-S.C.) Nancy Mace (R-S.C.))

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Lockheed Bids to Purchase Terran Orbital for Over $500M

GovCon Wire

Lockheed Martin (NYSE: LMT) has disclosed a nonbinding proposal to acquire spacecraft manufacturer Terran Orbital (NYSE: LLAP) for more than $500 million, SpaceNews reported Friday.

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Procurement Rising: The Silent Inflation Tax on Manufacturers

ivalua

Ivalua Spend Management Insights [ivory-search] Procurement Rising: The Silent Inflation Tax on Manufacturers February 27, 2023 | | Manufacturing by Doug Keeley Last year, the Consumer Price Index was the highest it has been in four decades, making inflation one of the most concerning macroeconomic factors facing the business world today.