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New DoD trusted capital program provides investment opportunities

February 5, 2021 By Andrew Smith

Over the course of the past year, the DOD has developed the Trusted Capital initiative, a program designed to foster investment in critical technology companies by cleared and vetted investors.  In December 2020, DOD announced a webpage for the Trusted Capital initiative and issued a Request for Comment in the Federal Register broadly seeking information related to the initiative, including whether “the proposed collection of information is necessary for the proper performance of the functions of the agency.”

Continue reading at:  Wiley

Filed Under: Contracting Tips Tagged With: Trusted Capital, Trusted Capital initiative, U.S. Department of Defense

Cybersecurity requirements likely for defense contracts by June 2020

January 10, 2020 By Andrew Smith

The Defense Department expects that by June 2020, industry will see cybersecurity requirements included as part of new requests for information, which typically serve as one of the first steps in the awarding of new defense contracts.

Ellen Lord, the undersecretary of defense for acquisition and sustainment, said the new cybersecurity maturity model certification program is a critical part of ensuring that companies hoping to do business with the department meet important cybersecurity requirements.

“The cybersecurity maturity model certification, or CMMC program, establishes security as the foundation to acquisition and combines the various cybersecurity standards into one unified standard to secure the DOD supply chain,” Lord said.

You can read more about CMMC here:  https://www.acq.osd.mil/cmmc/
You can continue reading the article at:  U.S. Department of Defense News

Filed Under: Contracting News Tagged With: CMMC, cybersecurity, Cybersecurity Maturity Model Certification, DoD, U.S. Department of Defense

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