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Tag Archives: House

Congress, White House Strike Two-Year Deal on Spending, Debt Ceiling

The White House and Congress have reached a deal that would suspend the debt limit until the end of July 2021 and raise federal spending over two years, The Wall Street Journal reported Monday. The two-year budget deal worth more than $2.7T would increase federal spending by about $320B over a couple of years above budget caps set in the Budget Control Act of 2011.

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McAleese & Associates Assesses Defense Spending Trends

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 …

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CNAS’ Susanna Blume Assesses Possible Return to Sequestration

Susanna Blume, a senior fellow in the defense program at the Center for a New American Security, has said U.S. defense spending is likely to drop if Republicans retain control of the Senate and Democrats win a House majority in the midterm elections. Blume wrote in an article published Monday …

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Brad Mascho Joins NCI as Chief Artificial Intelligence Officer

Brad Mascho, co-founder of Columbus, Ohio-based artificial intelligence technology developer CrossChx, has been named chief AI officer at NCI. NCI said Tuesday Mascho will oversee a new corporate division that will aim to advance the Reston, Virginia-based government technology and professional services contractor’s AI strategies and programs to help clients …

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House passes short-term CR to keep government open another week

Just hours before the deadline, Congress voted overwhelmingly in favor of a short-term continuing resolution (CR) to fund the government for an additional week. The House voted 382 to 30 Friday to approve the spending deal and the Senate unanimously approved it. House and Senate staffers and appropriators will work through …

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Weekly Roundup June 20 – June 24 2016: Brexit Vote Fallout Reaches Defense Stocks & more

June 20 – June 24 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson   Thursday’s highly-anticipated and historic “Brexit” vote in the U.K. led investors all over the world and so many other interested stakeholders to speculate over the implications of Britain’s potential …

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Weekly Roundup June 13 – June 17 2016: ManTech’s Cyber Buy, CACI’s Satcom Win & more

June 13 – June 17 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson   We shift our focus this week back to GovCon’s merger-and-acquisition environment with one new deal to digest and a second that has brought the purchaser a new landmark contract …

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Weekly Roundup May 9 – May 13 2016: Frank Kendall Halts M&A Authority Push & more

May 9 – May 13 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson The Pentagon’s top product and services buyer made it official this week that the would no longer advocate for greater authority to regulate GovCon merger-and-acquisition activities that involve the large primes. Frank …

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