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Search Tags: 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: Private Side of Sequestration , DoD , industry , contracting , Congress , small business , Aerospace Industries Association , Beacon Interactive Systems , Klett Consulting , Marion Blakey , ML Mackey , Mark Klett , Elana Broitman , Jared Serbu
The Navy entered 2010 with what officials say was a fleet that was well below acceptable standards for material readiness. It's made gains in its maintenance procedures since then, which the service says sequestration will quickly undo.
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.