We had written earlier about how the assumption is that with the new administration there would be reductions in defense spending. Now there are starting to be a spate of stories of localities looking at the effect of such cuts on their economy. Here is an article at Columbian.com discussing the fact that in the last 8 years defense dollars flowing to the area have increased dramatically due...
Government Industry Archive
November 2008
From three very different parts of the world come stories about corruption related to the award of contracts. In Jamaica a former Minister of Trade, his assistant and a company official are under investigation for fraud and money laundering over a contract for the government to provide light bulbs to the population. The case, Radiojamaica.com reports, got more confusing as the...
The English government over the last several years has been selling off certain Defense assets. These are what in the US would be considered core capabilities; although they are often augmented by contractors due to demand for their products and services. QinetiQ is a company that was formed by the Ministry of Defense splitting off their test and research organizations. One of their core...
After Boeing and Bell submitted a corrective plan the Department of Defense allowed production of these two aircraft to resume at the plant in suburban Philadelphia. As we reported earlier the lines were shut down due to the discovery of a foreign object in the fuel line of a recently completed V-22. Amarillo.com reports no definitive cause has been found yet, but production started again....
This is a little article in The Dayton Business Journal about a $22 Million contract award to a local company, Lion Vallen. The contract through the Defense Supply Center is to provide storage and shipping of the items a new US Army recruit receives on his first day of training. This would be shirts, pants, boots, belts and whatever the standard personal issue items are. Most companies world...
One of the niche markets that has developed over the last seven years with the wars in Iraq and Afghanistan is the up armoring of vehicles for the US military. The major threat that developed in Iraq was the roadside bomb which attacked the US troops at their most vulnerable as they moved from place to place in the country. There is never enough rotary or fixed wing lift available so there...
The US Department of Defense awarded SimQuest a contract to develop a game based training simulator to prepare medical professionals to deal with a mass flu epidemic. MarketWatch.com has the press release. The contract is part of the Small Business Innovative Research (SBIR) program at DoD. The SBIR program allows DoD, the Services and other Federal and State agencies to reach out to small...
The Boston Globe reports that Massachusetts is one of the biggest winners of Federal dollars. Much of this is attributed to large weapons systems that Raytheon, General Dynamics and General Electric manufacture. The article illustrates how dependent the US economy is on the defense budget. Of interest, also, is that the $11.8 Billion that flows to the state from Washington supports only...
The Department of Homeland Security awarded Lockheed Martin an eight year, $1 Billion plus contract to manage the Transportation Security Administration’s (TSA) human resources. Now Federal Computer Weekly reports that President-elect Obama wrote a letter to the Association of Federal Government Employees (AFGE) union that the award should not have been done. The union believed that the...
India has been trying to buy a new light helicopter for its Air Force and Army for a few years. They had a competition last year that Eurocopter won, but Bell protested and that award was thrown out. They have started a new competition to meet that requirement. Bell and several other companies submitted bids. The Dallas-Fort Worth Star Telegram is reporting that Bell is now leaving the...
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BNET Government provides daily industry trends and global news coverage with insights for managers and executives within the world wide business of government contracting. We analyze new and interesting contract awards, government policy changes, and the trends in procurements and spending. There will also be discussions of the sector with a focus on small and innovative companies and business lines. The world's governments spend billions each year on a variety of hardware and services and the site will discuss how the money is being allocated.