Tag Archives: defense budget

David Berteau, president and CEO of the Professional Services Council and a 2019 Wash100 winner, said rising tensions between the U.S. and Iran could prompt government contractors to reexamine personnel security measures in the Middle East, the Washington Business Journal reported Friday. "Companies have to be thinking right now, What do I need to do differently, what do I need to be prepared for, will the government have threat information, will they share it with me?"

Defense Secretary Mark Esper, a 2019 Wash100 winner, has expressed satisfaction with the $738B fiscal 2020 defense budget agreed upon by the White House and Congress as part of a $1.4T spending deal, Defense News reported Thursday.

The House voted 220-197 Friday to pass a $733B defense policy bill for fiscal year 2020 amid a veto threat from President Donald Trump, Reuters reported Saturday.

A report by consulting firm McAleese & Associates says BAE Systems’ U.S. electronic systems sector saw its 2018 sales rise 14 percent to $5.3B with 15.3 percent sector operating margin and operating profit of $809M. Jim McAleese, founder and principal at McAleese & Associates and a 2019 Wash100 winner, wrote BAE’s U.S. arm attributed …

A new McAleese & Associates report says President Donald Trump appears to have expressed support to a defense budget request of $733B to $750B for fiscal year 2020 following his meeting with lawmakers and other government officials. Trump met with Defense Secretary James Mattis; National Security Adviser John Bolton; Senate Armed Services Committee …

Consulting firm McAleese & Associates has issued a report that outlines some of the priorities of Navy Secretary Richard Spencer. Spencer said Thursday during a Center for Strategic and International Studies event that the Navy has begun to work with Huntington Ingalls Industries (NYSE: HII) on a possible two-carrier contract. “We are going to get …

A report by consulting firm McAleese & Associates says investors should expect the defense budget for fiscal years 2020 and 2021 at a range of $700B to $716B per year. Jim McAleese, founder and principal at McAleese & Associates, wrote in the report that the Pentagon’s overall budget in FY 2019 demonstrates …

Weekly Roundup September 18 – September 22 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson This week there has been significant activity surrounding contract awards across a variety of fields such as aquatic vehicle design and maintenance, technical assistance, IT development and support, …

“For all the heartache caused by the loss of our troops during these wars, no enemy in the field has done more to harm to the readiness of our military than sequestration,” said Defense Secretary James Mattis, a 40 year Marine veteran commander, who argued that it will “require years …

The GovCon Index fell into a decline over the final two hours of trade Monday to end the full session at a loss of 0.351 points to 72.136 but still end February at a gain for the month. The Index rose 0.329 points in February as investors continued to welcome additional earnings reports from …