Home / News / Weekly Roundup September 26 – September 30 2016: Another Shutdown Averted as FY 2017 Starts & more

Weekly Roundup September 26 – September 30 2016: Another Shutdown Averted as FY 2017 Starts & more

September 26 – September 30 2016

A Note From Our President & Founder Jim Garrettson

The 2016 federal fiscal year ends today and so has — for now — fears over another government shutdown as President Barack Obama signed a bill late Thursday to extend funding for agencies at current spending levels through December 9.

This “clean” stopgap package puts the focus on Congress’ post-election lame duck session to keep agencies running through FY 2017 and would seemingly give lawmakers another opportunity to move on a full-year or longer term government spending bill.

Recent history of course has suggested any compromise will be hard to come by in this political environment but agencies and contractors always hold out hope for a deal and subsequent certainty.

With that out of the way, we will use the remainder of this space to highlight two key news items from the GovCon arena this week with respect to financial/M&A and global defense.

Technology investment group Vista Equity Partners has returned to M&A’s buyer side through its $153 million deal for public sector cloud company GovDelivery announced Monday.

Vista owns one-fifth of cybersecurity company ForcePoint, which was formed out of the former Websense business that Raytheon bought majority control of last year.

Also, reports surfaced Wednesday that the White House approved close to $7 billion in requests by Kuwait and Qatar to purchase Boeing-built fighter jets and a separate $1 billion sale of Lockheed Martin-made combat aircraft to Bahrain.

The next morning, DSCA Director Joseph Rixey addressed the Potomac Officers Club’s “International Military Programs” event to update GovCon executive attendees on the state of America’s foreign military sales program and ways for industry to help in the effort.

Rixey told Reuters in July the U.S. was on track at the time to close $40 billion in FMS transactions for FY 2016 and demand from allies is not slowing down in light of the world’s security environment.

Deloitte forecasts worldwide defense spending to total $1.6 trillion through 2020 despite some reductions in the U.S. with Asia-Pacific countries’ expenditures predicted to go up and that gives large primes and others opportunities for both increased volume and diversified sales.

THE WEEK’S OTHER TOP 10 GOVCON STORIES

AECOM Promotes Mgmt Services Lead Randy Wotring, Elevates John Vollmer to Segment President
Wotring shifts into a new role as president of technical and operational services at the Los Angeles-based engineering services contractor.
NGA Picks 6 Small Businesses for $849M in Lifecycle Acquisition, Financial Mgmt IDIQs
Contractors will perform work under NGA’s “Emerald” acquisition vehicle that was awarded as a small business set-aside.
Former Harris Exec Tony Azar Appointed Health SVP at CACI
CACI CEO Ken Asbury said Azar will oversee the government services contractor’s efforts to expand its footprint in the healthcare market.
ULA, Air Force Space and Missile Systems Center Sign Cooperative R&D Agreement for Vulcan Rocket
Boeing’s and Lockheed Martin’s joint venture United Launch Alliance aims to put Vulcan through its first test flight in 2019.
Boeing & Harris Partner to Build New Military Aircraft Avionics Tech
Harris electronic systems leader Ed Zoiss says his company will supply core processor hardware for the collaboration.
Navy Taps 5 Companies for SPAWAR C4I Software Support IDIQ
Awardees will compete for orders to perform software and system maintenance work for the Navy under the potential five-year vehicle.
Noblis to Support DOT Intelligent Transport Systems Program Under Potential $202M IDIQ Award
DOT started the ITS program to address domestic surface transportation challenges related to connected and automated vehicles.
Serco’s North American Arm Lands Potential $115M Canada Forces Base Contract
Serco Inc. CEO Dan Allen said the base houses operations that assists in NORAD’s operations and will house training for Canadian and allied forces.
GSA Issues Notice to Proceed for Human Capital & Training Contract Vehicle’s Unrestricted Portion
Seventy-seven vendors received positions on the HCaTS’ open portion and the small business set-aside component is currently under a stay of performance.
Navy Taps Boeing, Lockheed for MQ-25 Carrier UAV Risk Reduction Contracts
MQ-25A Stingray is intended as a carrier-launched unmanned aerial vehicle for several missions such as aerial refueling.

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