Defense technology companies are positioning themselves to capitalize on the anticipated passage of a proposed tax relief bill related to research and development (R&D). Companies also seek to balance contracting risk by selectively bidding on requests for proposals (RFPs) and shifting the industry ... READ MORE >
federal contractors
How a government shutdown affects contractors
We have been here before—a possible government shutdown. The good news is that government contractors are now resilient to these events, and most have contingency plans in place. But those new to government contracting need to develop a robust plan. How we got here Congress must enact appropriations ... READ MORE >
“Future lunar economy” has companies running a new space race
During second-quarter earnings calls, space company executives discussed the market expansion that the new space race is driving. Governments and the private sector are investing in projects to secure rare metals and resources found on the moon, which can be used in new technology and further sustainable ... READ MORE >
Government services companies focus on new ideas
During second-quarter earnings calls, government services company executives stressed that modern solutions are required to meet evolving technological threats. Generative AI continues to drive excitement and intrigue as companies jockey for competitive advantage in a crowded marketplace. Uncertainty ... READ MORE >
Space companies wary about the economy
During first-quarter earnings calls, space executives were concerned about economic factors affecting cash flow during a period of high investment in manufacturing. Executives also highlighted how the changes in consumer behavior are affecting the market. Companies plan to meet changing demands through ... READ MORE >
Key highlights of the FY 2023 National Defense Authorization Act
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 >
The bipartisan infrastructure package and government contracting
President Joe Biden on Nov. 15 signed a $1.2 trillion infrastructure package—The Infrastructure Investment and Jobs Act—that provides historic funding levels to improve public works, including roads, bridges, highways, internet access and the power grid, as well as to mitigate the effects of climate ... READ MORE >
Federal contractor vaccine mandate: Task force guidance
The Safer Federal Workforce Task Force on Sept. 24 issued highly anticipated guidance regarding federal contractor COVID-19 safety protocols, meeting the deadline President Biden set in his Sept. 9 executive order mandating vaccinations for federal contractors. The executive order introduced a contract ... READ MORE >
Defense technology: Emerging trends from industry executives in Q2
In the second quarter of 2021, the defense technologies ecosystem continued to closely monitor and optimize its labor force and supply chains while positioning for short- and long-term federal government modernization and innovation efforts. In second-quarter earnings calls, top executives in the industry ... READ MORE >
5 trends from government services companies’ Q3 earnings calls
Government services businesses have weathered the COVID-19 storm better than many other industry verticals but have still grappled with their own uncertainties. These businesses navigated the start of pandemic recovery, shifting election expectations and a continuing resolution in the third quarter of ... READ MORE >