During 2023 first-quarter earnings calls, defense technology executives focused on positioning their companies to meet anticipated macro shifts in the market and continued growing international demand. Defense technology companies want to invest in future development, but only if the risk is balanced ... READ MORE >
government contracting
Space businesses look to global demand and government need for growth
Increased global demand and opportunities to serve the federal government continue to support space companies. To maintain momentum, they are focusing on their competitive advantages, either through pricing strategies or differentiating through innovation. Meanwhile, supply chain challenges remain a ... READ MORE >
Defense tech companies seek growth
Defense technology executives appeared pleased that Congress enacted into law the National Defense Authorization Act for 2023. But labor, parts and inflation continue to challenge their companies' ability to improve operating margins, they said during spring 2023 earnings calls. Multiple themes emerged ... 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: 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 >
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 >
Business and professional services industry outlook: Spring 2022
Technology is beckoning business and professional services firms that are feeling squeezed by ongoing labor challenges. Whether higher salaries are cutting into profitability or job vacancies are outnumbering qualified applicants, digital solutions—specifically those that automate nonbillable or tedious ... READ MORE >