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Tag: inflation

Deltek Study Reveals Positive Outlook Among Government Contractors; Kevin Plexico QuotedGovCon Expert

Deltek Study Reveals Positive Outlook Among Government Contractors; Kevin Plexico Quoted

An annual Deltek study has found that 49 percent of government contractors reported rising government revenue in 2022 and more
Report: US Accounted for Nearly 40% of Global Military Expenditure in 2022Financial Reports

Report: US Accounted for Nearly 40% of Global Military Expenditure in 2022

A report from the Stockholm International Peace Research Institute shows that amid high inflation, U.S. defense spending hit $877 billion
HII Posts 5% Q4 Revenue Growth; Chris Kastner on Hiring, Workforce Development EffortsFinancial Reports

HII Posts 5% Q4 Revenue Growth; Chris Kastner on Hiring, Workforce Development Efforts

HII (NYSE: HII) saw its fourth-quarter revenue for 2022 rise by 5 percent to $2.8 billion compared with the prior-year
Deltek’s Kevin Plexico Sees ‘Strong’ 2023 GovCon EnvironmentIndustry News

Deltek’s Kevin Plexico Sees ‘Strong’ 2023 GovCon Environment

Kevin Plexico, senior vice president of information solutions at Deltek and a three-time Wash100 Award winner, forecasts that inflation and
GovCon Expert Kevin Plexico on 10 Government Contracting Trends to Watch in 2023GovCon Expert

GovCon Expert Kevin Plexico on 10 Government Contracting Trends to Watch in 2023

By Kevin Plexico Looking back, it has been an eventful year in the government contracting industry, but there are plenty
DOD’s Updated Guidance Suggests Ways to Manage Inflation-Related Cost Increases Under FFP ContractsContract Awards

DOD’s Updated Guidance Suggests Ways to Manage Inflation-Related Cost Increases Under FFP Contracts

The Department of Defense has released a memorandum to provide updated guidance on approaches that contracting officers can consider to
William LaPlante: Pentagon Prepares New Contract Pricing GuidanceIndustry News

William LaPlante: Pentagon Prepares New Contract Pricing Guidance

The Department of Defense is working to finalize guidance meant to provide its contracting officials more flexibility when it comes
GovCon Expert McAleese Offers Analysis of Defense Primes’ Q2 2022 Financial ResultsFinancial Reports

GovCon Expert McAleese Offers Analysis of Defense Primes’ Q2 2022 Financial Results

A new McAleese & Associates report shows major defense prime contractors posted sector operating margins of approximately 11 percent in
Michael Barr Confirmed as Federal Reserve Vice Chair for SupervisionExecutive Moves

Michael Barr Confirmed as Federal Reserve Vice Chair for Supervision

The Senate on Wednesday confirmed Michael Barr, a law professor and a former Department of Treasury official, to serve as
Legislators Ask Biden to Increase Defense Spending by 5% Above InflationIndustry News

Legislators Ask Biden to Increase Defense Spending by 5% Above Inflation

Forty Republican members of Congress have called on President Joe Biden to include in his fiscal year 2023 budget request