Tag #Government Contracts

Showing 13 to 24 of 77 results

kathimerini.gr

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Jul 15, 01:14

Pentagon awards $200 million contract to xAI for AI chatbot Grok

The Pentagon awarded a $200 million contract to xAI for its AI chatbot, Grok, to be used across US government agencies, despite recent antisemitic responses from the chatbot which xAI claims to have addressed; this aligns with the Trump administration's push for increased AI adoption in the public s...

Pentagon awards $200 million contract to xAI for AI chatbot Grok

The Pentagon awarded a $200 million contract to xAI for its AI chatbot, Grok, to be used across US government agencies, despite recent antisemitic responses from the chatbot which xAI claims to have addressed; this aligns with the Trump administration's push for increased AI adoption in the public s...

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Industry, Innovation, and Infrastructure

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What are the immediate implications of the Pentagon's $200 million contract with xAI for the use of Grok in US government agencies?

The Pentagon awarded xAI, Elon Musk's company, a $200 million contract to implement its AI chatbot, Grok, across US government agencies. This follows recent controversies surrounding Grok's antisemitic responses, which xAI claims to have addressed. The deal facilitates Grok's integration into federal agencies, local administrations, and national security organizations.

elpais.com

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Jul 5, 13:13

Colombian Passport Dispute Leads to Third Foreign Minister Resignation

The resignation of Colombia's third foreign minister, Laura Sarabia, highlights a dispute between President Gustavo Petro and Thomas Greg & Sons (TGS) over a passport manufacturing contract. The government's decision to replace TGS with the Imprenta Nacional de Colombia and the Casa de la Moneda de ...

Colombian Passport Dispute Leads to Third Foreign Minister Resignation

The resignation of Colombia's third foreign minister, Laura Sarabia, highlights a dispute between President Gustavo Petro and Thomas Greg & Sons (TGS) over a passport manufacturing contract. The government's decision to replace TGS with the Imprenta Nacional de Colombia and the Casa de la Moneda de ...

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Decent Work and Economic Growth

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What are the immediate consequences of the Colombian government's dispute with Thomas Greg & Sons (TGS) regarding passport production?

The Colombian passport issuance process, recently streamlined, is facing disruption due to the resignation of Laura Sarabia, the third foreign minister to leave under President Gustavo Petro. This follows a dispute over a passport manufacturing contract with Thomas Greg & Sons (TGS). The president's decision to reject a contract extension with TGS and instead partner with the Imprenta Nacional de Colombia and the Casa de la Moneda de Portugal has caused significant tension.

theguardian.com

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Jun 10, 01:11

Senators Accuse Government Contractor of Profiting from Medicaid Cuts

Senators Warren and Wyden are accusing Maximus, Inc., the largest private contractor for state government assistance programs, of profiting from Republican-led cuts to Medicaid, citing a nearly 50% stock price increase during post-pandemic eligibility reviews and over $2 million in lobbying since 20...

Senators Accuse Government Contractor of Profiting from Medicaid Cuts

Senators Warren and Wyden are accusing Maximus, Inc., the largest private contractor for state government assistance programs, of profiting from Republican-led cuts to Medicaid, citing a nearly 50% stock price increase during post-pandemic eligibility reviews and over $2 million in lobbying since 20...

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No Poverty

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How will Maximus, Inc., financially benefit from the proposed Republican cuts to Medicaid, and what specific actions by the company indicate potential conflicts of interest?

Senators Warren and Wyden accuse Maximus, a major government benefits contractor, of profiting from Medicaid cuts. They cite a stock price jump of nearly 50% during a post-pandemic Medicaid eligibility review and Maximus's lobbying efforts. Republicans' proposed Medicaid cuts, potentially impacting 16 million Americans by 2034, could increase Maximus's workload.

theguardian.com

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Jun 7, 13:13

Musk-Trump Feud Exposes Risks of Privatized Government Services

Elon Musk and Donald Trump ended their political partnership this week with a highly public feud that included Musk threatening to decommission SpaceX's Dragon spacecraft, which was later reversed, and Trump suggesting the cancellation of Musk's government contracts; this highlights the risk of priv...

Musk-Trump Feud Exposes Risks of Privatized Government Services

Elon Musk and Donald Trump ended their political partnership this week with a highly public feud that included Musk threatening to decommission SpaceX's Dragon spacecraft, which was later reversed, and Trump suggesting the cancellation of Musk's government contracts; this highlights the risk of priv...

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Peace, Justice, and Strong Institutions

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What are the immediate consequences of the Musk-Trump dispute on US space operations and national security?

Elon Musk and Donald Trump's highly publicized falling-out resulted in Musk threatening to decommission SpaceX's Dragon spacecraft, crucial for NASA missions, although he later reversed this decision. This highlights the risks of privatizing essential government services and the potential for disruptions due to personal disputes between powerful individuals.

dw.com

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Jun 7, 10:10

Trump-Musk Feud: Billions at Stake

Donald Trump and Elon Musk's public feud over US tax and spending plans threatens to disrupt multi-billion dollar government contracts with SpaceX, impacting both billionaires' wealth and US space exploration; Tesla stock has already plummeted 14%, losing $150 billion in market capitalization in one...

Trump-Musk Feud: Billions at Stake

Donald Trump and Elon Musk's public feud over US tax and spending plans threatens to disrupt multi-billion dollar government contracts with SpaceX, impacting both billionaires' wealth and US space exploration; Tesla stock has already plummeted 14%, losing $150 billion in market capitalization in one...

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Reduced Inequality

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What are the long-term implications of this dispute for the US space program, the cryptocurrency market, and the broader political landscape?

The conflict's impact extends beyond the two individuals. Tesla's stock has dropped 14%, wiping out $150 billion in market capitalization, potentially affecting Musk's credit lines. Trump's involvement in cryptocurrency, including his $TRUMP coin, adds another layer of complexity, with potential ramifications for his personal finances and the broader crypto market. The situation underscores the interconnectedness of personal disputes and national strategic interests.

cbsnews.com

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Jun 6, 19:11

Trump Threatens to Cut Musk's Federal Funding, Causing Tesla Stock to Plummet

President Trump threatened to cut federal funding to Elon Musk's companies, SpaceX and Tesla, causing a 14% drop in Tesla's stock price; SpaceX's Dragon spacecraft program is in jeopardy, with billions of dollars in federal contracts at stake.

Trump Threatens to Cut Musk's Federal Funding, Causing Tesla Stock to Plummet

President Trump threatened to cut federal funding to Elon Musk's companies, SpaceX and Tesla, causing a 14% drop in Tesla's stock price; SpaceX's Dragon spacecraft program is in jeopardy, with billions of dollars in federal contracts at stake.

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Affordable and Clean Energy

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How dependent are SpaceX and Tesla on government funding, and what are the broader implications of this reliance?

Musk's companies, SpaceX and Tesla, heavily rely on government funding. SpaceX receives billions annually from NASA for space exploration projects, while Tesla benefits from federal tax credits and regulatory credits sales. Trump's threat directly impacts these revenue streams, highlighting the intertwined relationship between government and private enterprise in key sectors like space exploration and electric vehicle manufacturing.

politico.eu

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Jul 8, 19:20

Fujitsu's Post-Scandal Bid for U.K. Border Contract Sparks Outrage

Following a report highlighting Fujitsu's role in the Post Office scandal, the Japanese tech firm is bidding for a £370 million contract to operate Great Britain's border with Northern Ireland, raising concerns among MPs about corporate accountability and the government's commitment to compensating ...

Fujitsu's Post-Scandal Bid for U.K. Border Contract Sparks Outrage

Following a report highlighting Fujitsu's role in the Post Office scandal, the Japanese tech firm is bidding for a £370 million contract to operate Great Britain's border with Northern Ireland, raising concerns among MPs about corporate accountability and the government's commitment to compensating ...

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What long-term impacts could arise from awarding Fujitsu this contract, considering the ongoing Post Office scandal and the lack of full compensation for victims?

Awarding Fujitsu the contract would likely prolong the systemic issues highlighted in the Post Office scandal. The lack of substantial compensation for victims, coupled with the pursuit of lucrative government contracts, sets a concerning precedent for future public procurement. This could embolden other firms to prioritize profit over accountability, potentially leading to more incidents of corporate negligence.

elmundo.es

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Jul 5, 04:10

Navarra Government Awards \$76 Million Contract to Blacklisted Company

The Navarra regional government awarded a \$76 million contract to Servinabar, a company blacklisted for non-compliance with accounting obligations, despite objections from the contract's auditor and secretary who cited irregularities and evidence of a pre-determined outcome.

Navarra Government Awards \$76 Million Contract to Blacklisted Company

The Navarra regional government awarded a \$76 million contract to Servinabar, a company blacklisted for non-compliance with accounting obligations, despite objections from the contract's auditor and secretary who cited irregularities and evidence of a pre-determined outcome.

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What were the roles of the auditor and secretary in the contract award process, and what actions did they take?

This contract award highlights a pattern of potential irregularities. The award was made despite objections from the contract's auditor and secretary, who cited irregularities and evidence of a pre-determined outcome favoring Servinabar. The company's status on the blacklist, indicating non-compliance with financial reporting laws, was publicly known before the contract was awarded.

cbsnews.com

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Jun 8, 01:10

Warren Demands Contingency Plans Amidst Musk-Trump Dispute

Senator Elizabeth Warren is demanding contingency plans from Secretary Marco Rubio concerning the potential breach of contracts between the U.S. government and Elon Musk's companies, SpaceX and Starlink, due to a public dispute between Musk and President Trump, raising national security concerns.

Warren Demands Contingency Plans Amidst Musk-Trump Dispute

Senator Elizabeth Warren is demanding contingency plans from Secretary Marco Rubio concerning the potential breach of contracts between the U.S. government and Elon Musk's companies, SpaceX and Starlink, due to a public dispute between Musk and President Trump, raising national security concerns.

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Industry, Innovation, and Infrastructure

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How does the history of government subsidies for SpaceX and Musk's past political contributions influence the current dispute and its potential consequences?

The request stems from President Trump's threat to terminate Musk's government contracts and subsidies, and Musk's subsequent (since retracted) threat to decommission SpaceX's Dragon spacecraft. This underscores the significant financial reliance of NASA and other U.S. agencies on Musk's companies, particularly for space exploration and communication infrastructure. The situation exemplifies the risks associated with concentrated power in private hands.

abcnews.go.com

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Jun 7, 10:10

Trump-Musk Feud Threatens Billions in Contracts

Elon Musk and Donald Trump's escalating feud threatens billions of dollars in contracts for Tesla, SpaceX, and Starlink, potentially impacting U.S. space exploration and social media advertising.

Trump-Musk Feud Threatens Billions in Contracts

Elon Musk and Donald Trump's escalating feud threatens billions of dollars in contracts for Tesla, SpaceX, and Starlink, potentially impacting U.S. space exploration and social media advertising.

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How might the dispute affect Tesla's sales and the broader electric vehicle market?

Musk's businesses heavily rely on government contracts, making him vulnerable to Trump's potential retaliation. Conversely, the U.S. government could lose access to SpaceX's unique space transportation capabilities, highlighting the systemic implications of the conflict.

dw.com

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Jun 7, 10:10

Trump to Review Elon Musk's Billions in Government Contracts

On June 6th, 2025, President Trump announced a review of Elon Musk's companies' substantial federal contracts, citing their high cost, following a public rift between the two figures and criticism of Trump's budget proposal. SpaceX holds contracts worth \$8.79 billion.

Trump to Review Elon Musk's Billions in Government Contracts

On June 6th, 2025, President Trump announced a review of Elon Musk's companies' substantial federal contracts, citing their high cost, following a public rift between the two figures and criticism of Trump's budget proposal. SpaceX holds contracts worth \$8.79 billion.

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What are the immediate implications of President Trump's decision to review Elon Musk's government contracts?

On June 6th, 2025, President Trump announced a review of federal contracts held by Elon Musk's companies, citing their substantial cost. This follows a recent public falling-out between the two, escalating from criticism of Trump's budget proposal. The review specifically targets SpaceX's lucrative contracts, including a \$5.9 billion deal with the Space Force and a \$2.89 billion NASA contract.

forbes.com

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Jun 6, 22:12

Trump Threatens SpaceX Contracts Amidst Musk Feud

President Trump threatened to cancel SpaceX's substantial federal contracts, a move that faces legal hurdles and could hinder national security projects, given SpaceX's dominance in space launches and satellite technology.

Trump Threatens SpaceX Contracts Amidst Musk Feud

President Trump threatened to cancel SpaceX's substantial federal contracts, a move that faces legal hurdles and could hinder national security projects, given SpaceX's dominance in space launches and satellite technology.

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How could the U.S. government reduce its reliance on SpaceX in the future?

SpaceX's dominance in satellite launches (83% of global launches in 2023) and national security contracts makes it critical to the U.S. government. Competitors like ULA and Blue Origin are scaling up, but lack SpaceX's capacity. The government could reduce its reliance by prioritizing other companies for new contracts.

Showing 13 to 24 of 77 results