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Tag Archives: sequestration

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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Weekly Roundup Aug 17 – Aug 21 2015: Sequestration Discussion Resurfaces, American Systems’ Latest Acquisition & more

Weekly Roundup Aug 17 – Aug 21 2015 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson The specter of potential sequestration cuts in fiscal year 2016 — which starts Sept. 30 — surfaced again this week in a letter signed by all 46 Democratic …

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Executive Mosaic Unveils 2014-2015 Wash100 Inductees: The GovCon Sector’s Most Influential Voices

The 2014 GovCon market experienced an active year that saw several of its major players either combine forces or make acquisitions, realign their organizations in an effort to adjust to new realities and reorganize the executive teams that steer their companies in an evolving market. Sequestration and budget shifts in …

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Video: Lockheed CEO Marillyn Hewson on Govt Budgets, International Sales, F-35 Program & More

Marillyn Hewson, Lockheed Martin chairman, president and CEO, recently spoke with Bloomberg’s Peter Cook about a range of topics, including how international sales fit into the Bethesda, Md.-based aerospace, defense and security contractor’s future plans and her perspective on the current budget environment. “I must say I’m very encouraged that …

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Loren Thompson: New 2-Year Budget Deal Eases Sequester’s Hit on Pentagon

A bipartisan two-year deal reached by lawmakers will eliminate almost half of the mandated across-the-board cuts to the Pentagon’s fiscal 2014 budget, National Journal reported Tuesday. “This is a positive outcome for the military and in particular, for the defense industry, ” Loren Thompson, chief operating officer of the Lexington …

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ExecutiveGov Tabulates Federal Agency Furloughs Under Sequestration

Federal agencies had many decisions to make during the first fiscal year of automatic across-the-board budget cuts under sequestration, which could continue for the next decade barring action from Congress. ExecutiveGov, Executive Mosaic‘s website for and about federal government leaders, has focused much of its coverage on how agencies have …

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Report Assesses DHS FY 2014 Budget Landscape

A new Research and Markets report says the U.S. Department of Homeland Security will not be immune to budget pressures in fiscal year 2014 due to sequestration. The two DHS agencies that have the largest fiscal 2014 budget requests are Customs and Border Protection and the Federal Emergency Management Agency, according to the …

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Report: Lockheed Closes $7B Deal to Supply 71 F-35s to DoD

Lockheed Martin (NYSE: LMT) has secured a $7 billion contract to provide the Defense Department  with 71 F-35 aircraft as part of a potential $392 billion military arms procurement and development program, Reuters reported Monday. Andrea Shalal-Esa writes news of the deal comes as the armed forces aim to catch up …

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Deltek: Contractors Identify Growth, LPTA, Sequestration as Key Issues

The country’s government contractors have identified sequestration, growth and lowest price, technically acceptable programs as the key challenges they face in 2013, the Washington Post reported Monday. Jennifer Sakole, Deltek principal research analyst and author of the report, writes the top concerns were gleaned from Herndon-based Deltek’s recently concluded Surviving …

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