President Joe Biden signed the National Defense Authorization Act on Dec. 23, 2022, approving approximately $858 billion in funding for the Department of Defense and national security programs under the Department of Energy. The NDAA also includes $12.6 billion for inflation’s impact on purchases and ... READ MORE >
Government services businesses look to the future
The future is the focus for government services executives. With geopolitical tensions high and an elevated FY 2023 defense budget forthcoming, executives signaled innovation will be the key to establishing security on the global stage and exercising supremacy over near peer threats. Industry ... READ MORE >
Outer space: an endless frontier of opportunities for federal contractors
While inflation and macroeconomic uncertainty continued, interest in space demand drew attention from notable investors, international governments and key players in the federal contractor market in Q3. Space and intelligence players navigated their short- and long-term objectives to successfully execute ... READ MORE >
Defense tech sees higher demand mixed with supply and labor challenges
Defense technology executives are pleased with increasing demand from customers. However, supply chain and labor challenges continue to cause pain. These challenges are increasing the cost of doing business and pressuring profit margins. Many companies have successfully implemented operational ... READ MORE >
Earnings call roundup: Space companies
Even as space and intelligence companies grappled with a tight labor market and inflation in the second quarter, they still capitalized on vertical integration efforts and successful launch test phases to remain competitive, according to recent earnings calls. Executives said they were seeking to ... READ MORE >
Earnings call roundup: Defense technology
Defense technology executives discussed supply chain and labor challenges recently during their second-quarter earnings calls. These businesses aren’t simply trying to get past the short-term challenges. They are also strategizing and investing in long-term solutions. Expectations of greater defense ... READ MORE >
Earnings call roundup: Government services
Government services executives struck an optimistic tone in their second-quarter earnings calls as implications of a favorable federal budget came into focus. As they anticipate higher levels of defense spending, they see opportunities for IT modernization, cyber and space contracts. Combined with the ... READ MORE >
Government services companies are focusing on national defense, labor challenges
Government services executives continue to focus on hiring and retention, although the Russia-Ukraine war dominated discourse during the first quarter of 2022. Meanwhile, optimism around future spending, investment and opportunity stems from President Joe Biden’s fiscal year 2023 budget request and strong ... READ MORE >
Increased demand lifts defense technology companies amid inflation and supply chain issues
Executives in the defense technology ecosystem continue to experience rising costs and supply chain disruptions. However, growing international demand and technological innovation are driving optimism and investment for the future. The executives shared their perspectives recently in earnings calls ... READ MORE >
Government services companies enthusiastic about infrastructure and 5G
The government services ecosystem in the fourth quarter of calendar year 2021 was enthusiastic about opportunities related to infrastructure and 5G. The mergers and acquisitions environment is active but somewhat throttled. Labor remains a pressing issue, but hybrid work patterns are providing greater ... READ MORE >