William McCormick
GovCon Expert Jim McAleese, founder of McAleese & Associates and a three-time Wash100 Award recipient, will discuss his invaluable experience and insights into the most significant challenges facing the technology landscape and the federal sector heading into 2023 during the In-Depth Defense Virtual Event today at 5:30 pm (EST). No registration is required.
Jim McAleese will discuss how the impact of the tight labor market, stiff competition from our adversaries such as China and the challenges of critical areas like the semiconductor industry is changing how prime contractors, the Defense Industrial Base and the Department of Defense do business in our industry and address the greater problems in U.S. national security.
For instance, McAleese & Associates recently released a report indicating that defense stock prices have spiked 18 percent to 20 percent year-to-date and outperformed the S&P 500 as sector investors react to the recent Russian invasion of Ukraine. He also noted a 10 percent spike in DoD investment accounts for the 2022 and 2023 fiscal years.
McAleese added that investors generally expected at least an additional seven percent, or $54 billion, of FY 2023 DOD funding growth to at least $800 billion, compared with the $742 billion enacted in the current fiscal year.
Visit McAleese & Associates to see the live stream today at 5:30pm (EST) to see GovCon Expert Jim McAleese share his insights and highlights into the latest technologies, programs and innovations that will be critical for U.S. service branches and federal organizations as the budget planning begins for the upcoming 2024 fiscal year.
About GovCon Expert Jim McAleese
As Principal of McAleese & Associates, GovCon Expert Jim McAleese serves as an expert Defense Industry Analyst & Strategist. McAleese assists his clients on how to maximize value from the DoD budget cycle. His core focus is on strengthening relations between the DoD and the contracting community.
