With summer official coming to a close and the nation celebrating Labor Day we see the government contracting community returning to their normal schedules.
With the federal budget year ending on September 30th I am sure the contracting community will be focused on maximizing their impact on the federal government within the next three weeks.
There should be the traditional flurry of contract awards as federal agencies close their books and prepare for the next fiscal year.
SAIC reported second quarter earnings above analyst forecasts before markets openedThursday with a year-over-year increase to net income in part on lower acquisition and integration costs.
Congress is back in session (after a seven-week summer recess) in which they have some several key issues to address.
- They have less than four weeks to address the issues of continuing resolution, to keep the entire federal government operating past October 1.
- Addressing the question of providing funding to fight the Zika virus.
- The Export-Import Bank charter, which expires on September 30th.
All of this over-shadowed with the fact that this is an election year.
This autumn in Washington, D.C. should be nothing less than interesting.
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