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Latest Federal & Government Contracting Companies' News Coverage

Latest Federal & Government Contracting Companies' News Coverage

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Govini‘s latest Federal Scorecard report points to a “highly competitive” government contracting space in 2014 with the Commerce Department leading in agency spending percentage increase and Lockheed Martin ahead in captured contract revenue. “The annual scorecard gives the market an opportunity to look at federal spending from a macro level and, through analytics, explain the trends that […] More

Though venture capitalists have invested heavily into defense startups and these companies have expressed interest in pursuing more government contracts, these companies have not yet captured the attention of the Department of Defense. Defense spending trends continue to reflect a strong preference for more established contractors as in fiscal year 2023, startups only accounted for 1 percent of the $411 billion in contracts issued by the DOD.

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Hawk Carlisle, president and CEO of the National Defense Industrial Association, wrote in an article published Monday in National Defense magazine that NDIA gives the defense industrial base a score of 75 and a C rating in the “Vital Signs 2021" report set to be released in December. Carlisle said the score indicates that the defense industrial base continues to face a challenging environment amid the COVID19 pandemic.

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Craig Reed, president of transaction advisory consulting firm Growth Strategy Leaders, has been appointed one of the three senior fellows at the Center for Government Contracting at George Mason University’s School of Business. He and the two other senior fellows will research and lead the center’s programs on GovCon policies and other related issues, the […] More
Victoria Nuland, former U.S. ambassador to NATO, has been elected by the board of directors to serve as CEO of the Center for a New American Security. CNAS said Tuesday Nuland will work with President Richard Fontaine to help address defense and national security issues and succeed Michele Flournoy, who will help lead the center’s Next […] More
A Govini report indicates the U.S. military unmanned aerial systems market has experienced a compound annual growth rate of about 6 percent over the past five fiscal years, Defense News reported Wednesday. Lara Seligman writes the research firm observed the Defense Department‘s strategic pivot  to the Asia-Pacific region and efforts to implement a third offset strategy have […] More
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