A McAleese & Associates report says President Joe Biden’s $5.8 trillion budget request for fiscal year 2023 suggests that the federal government now accounts for 23 percent of the U.S. gross domestic product valued at approximately $25.6 trillion. Jim McAleese, founder of McAleese & Associates and a three-time Wash100 winner, said the prop...
As the global geopolitical environment sees rapid developments unfolding, the United States is shoring up its defense and military capabilities to prepare for an array of potential scenarios in the face of budgetary and adversarial uncertainties. More than 20 of the Defense Department’s top leaders gathered on Wednesday during the McAleese FY2023...
A roster of renowned leaders from the Department of Defense will convene on Wednesday during McAleese and Associates’ “FY2023 Defense Programs” Conference to discuss the top programs and initiatives the department is prioritizing currently and in the future. “I have attended and enjoyed this event multiple times,” said Jim Garrettson, CE...
A new McAleese & Associates report says most defense prime contractors recorded a 2 percent to 3 percent increase in sales during 2021. Jim McAleese, founder of McAleese & Associates and a three-time Wash100 winner, presented an analysis of the fourth-quarter and full-year 2021 financial performance of Boeing (NYSE: BA), General Dynamics (NY...
A new McAleese & Associates report says major defense prime contractors recorded a 4 percent to 6 percent increase in sector profit during the third quarter of 2021. Jim McAleese, founder of McAleese & Associates and a three-time Wash100 winner, presented an analysis of the Q3 financial performance of Boeing (NYSE: BA), General Dynamics (NYS...
A new McAleese & Associates report says NASA and Boeing (NYSE: BA) expect the next uncrewed flight test of the company’s CST-100 Starliner spacecraft to occur in the first six months of 2022. Boeing and the space agency held a joint teleconference Tuesday to provide an update on Starliner and Jim McAleese, founder of McAleese...
A new McAleese & Associates report outlines key takeaways from the 2021 Air, Space & Cyber Conference where Department of the Air Force leaders called for operational and cultural transformation across the two military services operating under DAF. Jim McAleese, founder of McAleese & Associates and three-time Wash100 winner, reported tha...
Consulting firm McAleese & Associates has issued a report outlining the components of a potential $740 billion annual defense policy bill approved by the House Armed Services Committee. Jim McAleese, founder of McAleese & Associates and a three-time Wash100 winner, reported that the full House panel voted 57-2 Thursday, Sept. 2, to pass the ...
Jim McAleese, founder of McAleese & Associates and three-time Wash100 winner, estimates 4 percent to 7 percent growth in overall second quarter sales among defense primes. His analysis of contractor Q2 results covered Boeing (NYSE: BA), BAE Systems, General Dynamics (NYSE: GD), Huntington Ingalls Industries (NYSE: HII), L3Harris Technologies (NY...
A new McAleese & Associates report noted that BAE Systems posted a 6 percent sales growth and saw its sector profit increase by 27 percent to approximately $1.4 billion during the first six months of 2021 driven by its U.S. electronic systems sector and U.K. air sector. Jim McAleese, founder of McAleese & Associates and...
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