Worksport Ltd. (WKSP) announced its expansion into the U.S. government fleet sector, securing a deal to supply its flagship AL3 Tonneau Covers to a major government entity. This strategic move positions Worksport to tap into a market estimated to include over 2 million pickup trucks nationwide. The company also plans to introduce its upcoming clean-tech nano-grid products to these government partners.
Results for: Government Contracts
The U.S. Department of Justice is investigating German software giant SAP and its U.S. reseller, Carahsoft Technology, for potential price-fixing schemes involving billions of dollars worth of software sold to government agencies. The investigation focuses on potential bid-rigging and overcharging for SAP technology sold to the U.S. military and government agencies since 2014.
Palantir Technologies CEO Alex Karp discussed the company’s role in helping military governments and its unique position in the upcoming 2024 election. He emphasized Palantir’s ability to translate data and language models for government use and claimed the company supports both sides of the political spectrum. Karp also offered a strong stance on retaliation for attacks on American troops.
Hackers have leaked internal documents stolen from Leidos Holdings, a major IT services provider to the US government. The leaked documents, reportedly obtained from a 2022 breach of Diligent Corp.’s Steele Compliance Solutions subsidiary, contain information gathered from internal investigations. While Leidos is investigating the incident, the leak raises concerns about the security of sensitive information shared with the company by its numerous government and commercial clients, including the US Defense Department, Department of Homeland Security, and NASA.