Over the past week, members of the Senate Armed Services Committee (“SASC”) put increased pressure on Defense Secretary Chuck Hagel to provide the DoD’s 2013 sequestration plan for the first portion of planned military cuts.
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.
The 2012 Election Results Are In, But What Does It Mean For The Defense And Government Services Sector?
With the 2012 election behind us, what does the outcome mean for the Defense and Government Services sector? We now have a clearer understanding of the near-term political landscape for the next two years. With Democrats retaining control of the White House and Senate, and Republicans retaining control of the House, it is evident that the country remains divided.
Several large GEOINT contracts are set to be awarded or reach other key milestones in the coming months, and this activity is helping shape the landscape against the backdrop of the upcoming GEOINT 2012 Symposium in Orlando, FL.
This past July, Kevin DeSanto participated in a panel discussion at the Aspen Security Forum in Colorado. Below are the questions that were asked of the panel and Kevin’s responses.
A Recently proposed plan to combine the administrative and management functions of the military health system under a new Defense Health Agency (“DHA”), currently administered separately by the Army, Navy, and Air Force, may have broader implications than the estimated $50-100 million in cost savings.
The Satellite 2012 conference, held in Washington, DC the week of March 12, is one of the hallmark events for one of the most dynamic sectors of the defense industry. Favorable growth trends and an evolving contract environment are spurring an active M&A market in the SATCOM space.
For those watching earnings season, one thing was apparent – government services divisions within large defense contractors had another challenging quarter and overall fiscal year.