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Search Tags: Private Side of Sequestration
As the first elements of sequestration's impact on the Defense industrial base begin to take shape, observers inside and outside the Pentagon worry about small businesses.
Tags: DoD , sequestration , industry , contracting , Congress , small business , Aerospace Industries Association , Beacon Interactive Systems , Klett Consulting , Marion Blakey , ML Mackey , Mark Klett , Elana Broitman , Jared Serbu
A new Federal News Radio online survey shows downward trends in the contracting market this year, and vendors have rising concerns in the out years about what this new normal means. The survey found 57 percent of the respondents have been negatively impacted by sequestration by fewer contract opportunities, and more than 55 percent of the respondents said when it comes to making contract awards over the last six months, the government has been in a state of paralysis.
Tags: industry , contracting , sequestration , budget , Govini , Geoff Celhar , Bob Lohfeld , Lohfeld Consulting , Chris Romani , Mary Beth Romani , Integrity Management Consulting , Harold Youra , Alliance Solutions , Paul Fernandes , STG , Diana Gowen , CenturyLink , Jason Miller
Federal News Radio surveyed federal contractors to find out just how much sequestration is impacting them five months after it went into effect. View the raw results of the survey.
Federal News Radio partnered with Govini, a government market research firm, to examine how sequestration has impacted the number of contracts being awarded, delayed, and cancelled by the government. View our data.
Recent earnings reports reveal large margins and strong earnings per share for many prime contractors. But Financial Analyst Michael Lewis expects negative trends to start showing within the next few quarters.
With continuing resolutions and fiscal showdowns running rampant the last few years, government contractors have gotten used to near perpetual budget uncertainty clouding the marketplace. And the automatic, across-the-board budget cuts that kicked in March 1 only complicated contractors' efforts to manage their bottom lines. A panel of experts discuss how contractors are coping with the cuts as part of Federal News Radio's special report, Private Side of Sequestration.
In contrast to federal employees, who are facing furloughs, many contractors are encountering more elusive sequestration symptoms. Along with reduced government contract spending, federal-employee furlough have also trickled down through the procurement process, resulting in delays, contractors say. This article is part of Federal News Radio's special report, Private Side of Sequestration.
With fewer government contracts coming down the pipeline, small and mid-sized contractors are feeling the pinch of sequestration. Should they diversify, cut staff or sit tight and hope that big contract is just around the corner? Federal News Radio examines these issues in part 6 of our special report, Private Side of Sequestration.
Tags: sequestration , contracting , small business , hiring , workforce , Lisa Mascolo , Optimos , Kymm McCabe , ASI Government , Carmine Taglialatela , TecPort Solutions , Nancy Blethen , Tech Systems , Michael OConnell
Sequestration threatens to squeeze some companies out of the industry. Federal News Radio's special report, Private Side of Sequestration, examines the long-term planning and short-term coping mechanisms companies can take to better manage through the cuts.
With fewer new federal contracts on the horizon, vendors are trimming staff, changing direction and hedging their bets as sequestration plays out, according to the results of an exclusive Federal News Radio survey. Contractors are also blaming sequestration for low morale in their offices.
Tags: sequestration , Evan Lesser , Stephen Fuller , Ward Carroll , Cameron Leuthy , Bob Lohfeld , Mary Beth Romani , Chris Romani , workforce , hiring , furloughs , Budget Control Act , budget , Michael OConnell , management