Defense tech companies are experiencing some relief from tight labor conditions, but the supply chain continues to pose challenges. … READ MORE >
Government contracting
Government services companies focus on new ideas
During second-quarter earnings calls, executives stressed that modern solutions are required to meet evolving technological threats. … READ MORE >
Space companies wary about the economy
Space industry executives are attempting to balance economic factors that restrict cash flow with investments in manufacturing to meet increased demand. … READ MORE >
Defense tech companies see new opportunities
Defense tech companies are looking to expand their market by capitalizing on opportunities due to tech advancements and geopolitical events. … READ MORE >
TikTok faces a ban on government devices
Effective July 3, the Federal Acquisition Regulation interim rule will prohibit the use of TikTok on any information technology used to conduct official federal business. … READ MORE >
Government services companies work through pressure
Pressure from near-peer adversaries and an increased focus on supporting allied nations ensures that the U.S. modernization wave will persist. Contractors focused on the mission-critical needs of the government will find pockets of opportunity to advance the nation’s technical abilities and help U.S. allies do the same. … READ MORE >
Space businesses look to global demand and government need for growth
Executive optimism holds strong due to the increase in the U.S. space budget and global demand for services dependent on data obtained in space. Government contracts are providing a safe environment for space companies. … READ MORE >
Government services companies optimistic
Government services companies have a renewed focus on organic growth, cutting-edge technologies and a normalizing labor market. … READ MORE >
Defense tech companies seek growth
Workforce issues, supply chain problems and inflation continue to challenge contractors’ ability to improve operating margins. … READ MORE >
Key highlights of the FY 2023 National Defense Authorization Act
The National Defense Authorization Act (NDAA ) focuses on improving and protecting the DoD’s supply chain and strengthening military readiness. Contractors may be pleased to see that Congress has increased funding for certain aspects of the nation’s defense. … READ MORE >