KippsDeSanto attended the Navy League’s Sea-Air-Space Expo 2013, which was recently held in National Harbor, MD and featured ~200 exhibiting firms and military commands with ~10,000 attendees.
Over the past week, the Federal Aviation Administration announced that it approved the 787’s redesigned battery system and is allowing the plane to return to service after the government’s three-month long grounding of the aircraft.
Over the past week, President Obama introduced the White House’s $3.778 trillion spending plan for GFY2014, which called for almost $1 trillion in tax increases over 10 years and higher spending on programs such as education, transportation, and mental-health services.
On February 4th Lockheed Martin announced a voluntary layoff program to reduce mid-level management. The Company expects to eliminate 300 – 350 positions. The layoffs were unrelated to sequestration fears, but rather focus on remaining competitive and efficient.
Tensions on the Korean peninsula escalated over the last week as North Korea continued to make aggressive statements regarding attacks on U.S. bases in the Pacific, as well as against South Korea and Japan.
The month of March saw significant cybersecurity, Big Data, and Cloud news headlines, in addition to several venture capital (“VC”) fundings and M&A transactions.
Recent news the CIA agreed to a cloud computing contract with commercial tech giant, Amazon, has been making headlines in the government information technology (“IT”) community.
Over the past week, U.S. Bankruptcy Judge Sean Lane approved the American Airlines merger with US Airways Group, Inc. The potential merger was announced in February, more than a year after US Airways began its pursuit of a deal in January 2012, shortly after American Airlines filed for bankruptcy.