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Search Tags: defense contracting
On this week's Capital Impact show, Bloomberg Government analysts discuss cuts made by Congress to the defense budget, and the winners and losers in this budget battle.
January 23, 2014
Tags: acquisition , contracting , DoD , DoD budget , Congress , military acquisition programs , Budget Control Act , Allen Scott , Kevin Brancato , Robert Levinson , Capital Impact , Bloomberg Government
As many as 66 countries would be able to buy drones under revised weapons export guidelines the Pentagon drafted last year.
Small and medium-sized contractors and suppliers receive 75 percent of appropriated dollars for defense or military programs. But these small businesses, who lack the lobbying power of top- tier defense contractors, may suffer more from sequestration than big companies.
WFED's Max Cacas reports.
ManTech, a defense contractor, is looking to fill more than 400 jobs, many being moved as a result of BRAC.
Based on calendar 2009 results, the combined companies would have total revenues of approximately $4.5 billion, 31,000 employees and a booked backlog of more than $13.5 billion, representing approximately 3 times annual revenue. CGI's President, Donna Morea, has details.