EDITORS NOTE: The piece below is a special edition of the Weekly Roundup newsletter written by Jim Garrettson, president and founder of this website’s parent company Executive Mosaic, to recap the biggest stories in the GovCon sector for 2014.
In this year-end issue, Jim wraps up the year with a review of moves on Capitol Hill to pass both the fiscal 2015 government spending bill and defense authorization bills with a comment from Informatica’s North American public sector leader on how budget uncertainty has affected both federal agencies and their industry partners.
Also included is a list of 2014’s most significant stories selected by Jim and EM staffers.
Click in the “E-Newswires” box on the right to sign up to receive this newsletter, which will return in January 2015.
A Note From Our President & Founder Jim Garrettson
Government contractors and agencies received two pieces of certainty this week as President Obama signed the FY 2015 omnibus spending package into law and the Senate sent the FY 2015 defense authorization bill to the White House.
Those events cap off an active year in the GovCon sector that saw several of its major players either combine forces or make acquisitions, realign their organizations in an effort to adjust to new realities and reorganize the executive teams that steer their companies in an evolving market.
The headwinds of sequestration and budget shifts in agencies toward technology-focused areas such as cybersecurity and healthcare were among the major drivers of moves by GovCon firms to stay on growth-oriented trajectories.
Bill Sullivan, head of Informatica’s North American public sector organization, described some of the pressures related to the sequester and other budget uncertainties in an interview published on ExecutiveBiz this week.
“Agency executives have been forced to design plans often without assurances of budgetary support, and often with a record decline in net spending, ” Sullivan told our staff.
Sullivan also said this trend puts stress on the federal workforce and results in “subsequent impacts on agency technology operations, technology adoption and on the federal vendor community.”
To start its 2015 event lineup, the Potomac Officers Club will host its ‘2015 Intel Summit‘ on Jan. 21. and National Intelligence Director James Clapper will deliver the keynote address in a half-day forum for GovCon executives and agency leaders.
Other speakers scheduled to appear include: (list ordered by headshots from left to right)
- David Shedd, acting DIA director
- Jim Martin, DoD defense intelligence director
- Joe DeTrani, INSA president
- Michael Allen, a managing director at Beacon Global Strategies
- Janice Glover-Jones, acting DIA CIO (will become full-time CIO on Dec. 28)
Click here to register and save your seat, as well as to learn more about future POC events.
For this special year-end edition of the Weekly Roundup, our staff has compiled a list of the most significant GovCon M&A deals, firm realignments and executive appointments during 2014.
Continue below to review their list of 2014’s top stories in GovCon and we will see you in 2015.
THE YEAR’S TOP DEALS & REORGS
THE YEAR’S TOP EXEC MOVES