As we wrote the Secretary of Defense moved fast to end the work on the VH-71 Presidential Transport helicopter. As part of this decision the Navy has to come up with a new plan to replace the existing helicopters while continuing to support the mixed fleet of H-3 and H-60 aircraft. Today it was reported that the cost to end the contract alone would be close to $600 million dollars. This would...
Government Industry Archive
May 2009
California has had a dysfunctional budget process for years. In the Seventies ballot initiatives passed that limited the ability of the state government to raise taxes by capping property tax and making it necessary for two thirds of the legislature to vote to raise income taxes. On top of all that in the last twenty years the state’s spending has spiraled ever upwards as government has...
The United States Air Force’s Chief of Staff, General Schwartz, testified to the House Armed Services Committee that the Air Force is willing to sacrifice their current fleet of A-10, F-15 and F-16 aircraft to free up funds to expedite delivery of the F-35 Lightning II Joint Strike Fighter. The JSF will be delivered in various configurations for the Air Force, Navy and Marine Corps to...
On USASpending.gov they breakdown spending by the Federal Government in a variety of ways. One of the more interesting is awards by state. This shows over the last ten years total contract awards to each state. For 2009 so far the Top Ten are: Virginia with $21.4 billion California with $18.4 billion Maryland with $8.8 billion Pennsylvania with $6.3 billion Connecticut with $6.1 billion...
In the proposed 2010 Defense Budget from the Obama Administration several large programs were recommended for termination. Two of the biggest were the Navy’s new Presidential Transport Helicopter, the VH-71, and the vehicle portion of the Army’s Future Combat System (FCS). The VH-71 had seen schedule and cost increase significantly over time for a variety of reasons. There were...
Over at BNET: Energy is an article about how some people are upset that Conoco was receiving tax subsidies for work on converting animal fat to diesel fuel. The Federal Government provides a $1 a gallon subsidy for these kind of efforts in order to spur creation of facilities and capability to make biofuels. The argument against Conoco getting this is that they are are a large oil company that...
The State of Delaware’s government like all of them purchases many different things from a variety of vendors. These range from paper, IT services to power. The News Journal newspaper decided to take a look at how the state manages these payments and the costs related to them. Delaware is also running a deficit like most other states and the Federal Government this year. The...
In testimony this week to Congress Secretary of Defense Gates describes why he recommended canceling the vehicle portion of the Army’s major modernization effort — Future Combat System (FCS). Next to the Joint Strike Fighter (JSF) this is the largest currently planned program for the U.S. military. Gate’s gave two reasons for the redesign of the program. First, the contract...
The Washington D.C. local area has weathered the recession better then some areas although its over inflated housing market has crashed to earth. There has also been an uptick in the local unemployment rates due to the lack of demand for construction and the spillover effect into the service economy. Maryland’s is now at 6.9 percent, Virginia at 6.8 and the District of Columbia just...
In January of this year the Defense Advanced Research Project Agency (DARPA) awarded a $25 million contract to SAIC and a variety of sub contractors to work on making fuel from algae. Now fellow BNET blogger Chris Morrison writes that NASA is taking a shot at this as well. In perhaps an illustration of how groups of people approach things differently DoD is funding the whole kit and caboodle....
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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.