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Search Tags: sequestration
The Pentagon says no decisions have been made, but eliminating 2013 furloughs is at the top of the funding priority list if it can find any excess funds.
Here's a horrible thought to start off your week, Senior Correspondent Mike Causey says. You've had your pay frozen and maybe you have been furloughed with more mandatory time-outs to come. But what if these are the good old days right now? That it can't get any better than this...
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 , Private Side of 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
Many federal vendors are wary about what 2014 and beyond will bring when it comes to acquisitions. Vendors say they have to get creative internally and externally to survive further budget cuts.
Tags: industry , contracting , The Private Side of Sequestration , budget , Trey Hodgkins , TechAmerica , Govini , Geoff Celhar , Bob Lohfeld , Lohfeld Consulting , Chris 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.
While sequestration is impacting the aerospace industry, the biggest cuts resulted from the Budget Control Act of 2011 and reduced demand in the wake of military withdrawals, said Richard Aboulafia, aerospace analyst at the Teal Group.
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.
Tags: industry , acquisition , Private Side of Sequestration , Federal Drive , Tom Temin , Emily Kopp , Scott Lewis , Cameron Leuthy , Tim Larkins , ImmixGroup , PS Partnerships , Bloomberg Government , Jack Moore
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.