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Local defense contractor settles with feds for $2.08 million

Colorado Springs-based The Macalan Group, a security contractor, will pay the government $2.08 million and relinquish claims to an additional $744, 969 to settle allegations that the company submitted false claims in connection with a federal contract. Formerly known as NEK Advanced Securities Inc., the company had a contract with the Joint Improvised Explosive Device… Continue Reading Local defense contractor settles with feds for $2.08 million

In a creative financial move, the city of Pueblo and a Colorado Springs company have found a way to work together. This month, Pueblo’s city council has approved a three-year contract with NEK Advanced Securities Group, a defense contractor based in Colorado Springs, allowing the company to rent the Pueblo Motorsports, Inc. racetrack for driver… Continue Reading City of Pueblo and Springs contractor get creative

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