BOSTON – The former Chief Executive Officer and Senior Vice President of Mozaic Payment System, Inc. have been charged with defrauding a Boston-based investment firm out of $20 million in equity funding. Marcus Cobb, 48, and Rachel Knepp, 39, both…

NAVY Lockheed Martin, Rotary and Mission Systems, Moorestown, New Jersey, is awarded a $104,623,274 cost-plus-incentive-fee and cost type modification to a previously awarded contract (N00024-23-C-5101) for the production of the Foreign Military Sale (FMS) portions unit of the Solid-State SPY…

The settlement requires the largest divestiture of outpatient healthcare services to resolve a merger challenge (by number of facilities) and imposes a $1.1M civil penalty for false certification The United States District Court for the District of Maryland today entered…

ARMY CDM Constructors Inc., Boston, Massachusetts (W912ER-26-DA001); Conti Federal Services LLC, Orlando, Florida (W912ER-26-DA004); Arkel International LLC, Baton Rouge, Louisiana (W912ER-26-DA005); Perini Management Services Inc., Framingham, Massachusetts (W912ER-26-DA006); and Exyte U.S. Inc., Albany, New York (W912ER-26-DA007), will compete for each…

NEW ORLEANS — The Bureau of Ocean Energy Management successfully conducted Lease Sale Big Beautiful Gulf 1, which is the first mandatory offshore oil and gas lease sale required under the One Big Beautiful Bill Act. The sale generated $279,433,757…

After a challenge from the Federal Trade Commission, Teva Pharmaceuticals has requested that the Food and Drug Administration (FDA) remove more than 200 improper patent listings from the FDA’s Orange Book. The FTC sent a series of warning letters in…

WASHINGTON—The Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) has assessed a $3,500,000 civil money penalty against Paxful, Inc. and Paxful USA, Inc. (collectively, Paxful) for willful violations of the Bank Secrecy Act (BSA), the primary U.S. anti-money laundering…

MSMM Engineering LLC,* New Orleans, Louisiana (W912HY-26-D-A001); AECOM Technical Services Inc., Los Angeles, California (W912HY-26-D-A002); 5E-LAN JV,* Houston, Texas (W912HY-26-D-A003); Jacobs Engineering Group Inc., Arlington, Virginia (W912HY-26-D-A004); Baird-Stantec JV,* Madison, Wisconsin (W912HY-26-D-A005); Arcadis U.S. Inc., Highlands Ranch, Colorado (W912HY-26-D-A006); MGE…

NAVY MEB General Contractors Inc., Chesapeake, Virginia, is awarded a $442,127,000 firm-fixed-price, award-fee-incentive with economic-price-adjustment contract for modernization of Dry Dock #3 at Norfolk Naval Shipyard. Work will be performed at Portsmouth, Virginia, and is expected to be completed by…

NAVY Prism Maritime LLC,* Chesapeake, Virginia, is awarded a $93,158,280 cost-plus-fixed-fee and firm-fixed-price, indefinite-delivery/indefinite-quantity contract for support performing the functions of an MK38 alteration installation team with the installation of ship alterations, ship change documents, ordnance alterations, and system repairs…