One of the biggest Democratic complaints over the last eight years has been that the Federal Government has used too many contractors. President Obama on Friday, FederalTimes.com reports, released three new executive orders related to the use of contractors. All are related to strengthening the rights of contract employees over their corporate employers. One that is actually very good for...
Government Industry Archive
January 2009
The House of Representatives Small Business Committee will investigate the Small Business Associations (SBA) contract practices in Alaska. Federal Computer Week reports that problems have arisen with two companies winning Section 8A set aside contracts for Native Alaskan firms that were managed by non-natives. These two companies were awarded several million dollars worth of contracts. The...
We had written in the past about Amendment 54 in Colorado which barely passed on election day. This amendment banned political contributions from those receiving contracts from the state. There had been concern that the wording was over broad — preventing unions who sign contracts with the state from participating in the political process — now two state lawsuits have been filed....
L-3 Communications released its earnings for the last quarter of 2008 and reported record sales of $4 billion. The company said that its earnings were $2.21 per share compared to $1.17 in the similar quarter of 2007. TradingMarkets.com has the press release here. The company also had record orders and backlog in the quarter. The highlights of 2008 were increased revenue due to winning a...
The Minneapolis Star-Tribune reports that Alliant won a contract from Rolls-Royce of Great Britain to build fan blade containment cases for a new engine. The cases will be used on the Trent XWB engine to power the Airbus A350 wide body aircraft. This is the second commercial aircraft contract that Alliant has won utilizing its abilities with composite materials. These skills have been...
Boeing reported a loss for the last quarter of last year. CNNMoney.com also reports that aerospace company is lowering expectations for 2009. The company also has plans to cut about 10,000 workers company wide to control costs. Analysts had predicted that Boeing would make about $7.00 a share in 2009; while the company announced that it expects earnings to be around $5.05 to $5.35. The...
The Fiscal Year 2010 Defense Budget was due to be submitted on February 2nd but the incoming Obama administration has decided to delay it until April. The official press release is at Defenselink.mil. The budget is normally required to be in Congress at least at the top level on the first Monday in February. This is the budget the was started to be prepared last May. This delay is not...
The U.S. Marine Corps selected Elcan Optical Technologies for the Medium Range Thermal Bi-Ocular (MRTB) program. This subsidiary of Raytheon won the contract as reported here at Reuters. The $180 million contract was hoped to be won by FLIR Systems. Elcan has in the last few years aggressively moved into the military market by developing a new combat sight that was purchased by the U.S....
Last year England’s government raised the excise tax on beer eighteen percent. Now for some inexplicable reason beer sales have fallen roughly eight percent. The Daily Telegraph reports that brewers and pub owners are asking the government to rescind the tax. Seems that if you rise the price of something significantly you lower the demand. This means due to lower consumption the...
The U.S Government’s Federal Emergency Management Agency (FEMA) announced that it had signed a contract with AT&T to provide wireless communication capabilities. NewsOXY.com has a report on the award. The contract is worth about $50 million and will provide Blackberries and wireless laptop connections for the agency. FEMA responds to disasters internal to the United States and...
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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.