The Small Business Association (“SBA”) continually revaluates size and status requirements in order to allow small business owners to remain competitive in the government contracting marketplace.
Barracuda Networks, a provider of advanced threat protection solutions, filed its S-1 on October 23, 2013. Barracuda plans to offer 4.14 million shares at a range of $18.00 – $21.00 per share, and will trade on the NYSE under the symbol, “CUDA.”
The Navy successfully conducted the inaugural test flight of its new MQ-8C Fire Scout unmanned helicopter at Naval Base Ventura County this week. The aircraft stayed airborne for seven minutes.
Two aerospace companies received positive news this week as Boeing announced plans to increase the overall production rate of its 787 aircraft and Pratt & Whitney announced it reached a $1.1 billion agreement with the Pentagon on the sixth lot of F-35 Joint Strike Fighter jet engines.
On October 16th, Congress passed a Continuing Resolution to end the government shutdown, funding the sequester-level budget until January 15, 2014 and extending the government’s borrowing authority until February 7, 2014.
Airbus announced on October 7th that it received a $9.5 billion order from Japan Airlines for 31 of its wide-body A350 jets, allowing the European firm to significantly divert market share traditionally dominated by Boeing.
Cybersecurity firms continue to experience strong demand in the capital markets. FireEye, Inc., a provider of malware protection software, made its public trading debut on September 20, 2013 under the ticker FEYE.
Leaked spending details of the National Intelligence Program (“NIP”) made headlines in late August, providing insight into Intelligence Community (“IC”) funding levels. The NIP highlighted the relative dominance of CIA funding, accounting for 28% of GFY 2013 spending.