Debt default would seem, in some ways, like a government shutdown. But it's not. The government is fully appropriated for the rest of fiscal 2023. It is the money to roll over Treasury bills coming due that the government would not have.
Last week, the Senate Armed Services Committee (SASC) heard testimony, regarding a so-called "revolving door" between the Pentagon and companies to which it awards contracts. The SASC's Personnel Subcommittee presented a report from Sen. Elizabeth Warren (D-Mass.) on the topic.
It’s been decades since the last time the Defense Department took an in-depth look at how its contract policies affect the financial health the defense industrial base.
Federal contractors don't see a lot of room for growth after inflation in fiscal 2024, with a few large agencies actually requesting a reduction in funding relative to what was enacted in 2023.
The Biden administration's national cyber strategy, which came out last week, puts a lot of responsibility on industry. It has a hefty rule-making and legislative agenda to support that.
Contractors have only a couple more weeks to comment on a so-called climate risk rule. If it becomes final, the rule would impose big reporting and operational costs.
The Defense Department is telling its acquisition people to use what's known as category management to expand the use of small business. But for years, small business has argued that category management actually limits the number of vendors who can sell to government.
The Federal Trade Commission has proposed a rule to ban non-compete employee contractors. Federal services contractors are decidedly not of one mind on this issue.
Federal employees will be getting a nice raise now. But federal contractors are not totally certain they will be able to get inflation adjustments from their agency customers. That's despite the fact that the defense authorization law specifically mentioned contract modification for inflation relief.
The omnibus budget package is a lot more than a bill to fund government operations. Congress stuffed its five thousand pages with tax and business provisions. Some have real impact.
A new pilot paves the way for speeding up supply chain manufacturing for both Department of Defense and industry.
From inflation adjustment to procurement leadtimes, the National Defense Authorization bill the Senate takes up today will address a few issues that have been nagging contractors for years.
From zero trust roadmaps to carbon reduction, federal agencies are moving under a lot of agendas. They all end up being contractors' concerns, too.
What does it mean for us? That's what federal contractors are asking themselves in the aftermath of the midterm elections.
The National Defense Strategy and the DoD Strategic Management Plan emphasized rivalry with China and the need to protect space and cyber assets.