What would happen if you went to work tomorrow and half your staff was gone? Could you survive? How long would it take to replace all that talent? Sobering as it sounds, that’s what the DoD acquisition team may face.
As America winds down two of its longest wars, defense contractors are bracing for further reductions for a while. The Top Twenty contractors reported 2013 revenue down two to five percent. The bigger question … How will defense contractors survive?
In 1150, the great Indian mathematician Bhāskara II proposed the world’s first perpetual motion machine. A wheel with mercury-filled spokes uses the motion of the mercury to power the wheel and generate endless energy. What if that dream came true?
Let’s see … There’s the sequestration that was only supposed to be temporary but somehow managed to morph into permanence, inevitable election-year, budget-cutting grandstanding, ending the war in Iraq, ending the war in Afghanistan … Are we leaving anything out?
To many contractors, protesting bids seems out of the question. It’s too much like biting the hand that feeds you – especially when budgets are shrinking. However, contractors sometimes have no choice, so they need to better understand the process.
From Snowden to the Navy Yard shooting to rat’s nest that is background check contractor USIS, the security clearance process just can’t stay out of the headlines. So, the DoD’s Inspector General decided to evaluate the four defense intelligence agencies.
Annual deficits have been dropping lately, which means the national debt clock is slowing down … sort of. But, the CBO projects that in eight years, annual debt will reach a trillion dollars again. So, what happens to defense spending?
Contractors work in highly competitive fields: IT, security, engineering. Talent is hard to find, and employee retention is a matter of survival. As the saying goes: no one cares how much you know until they know how much you care.
As the saying goes, the only constant is change. Two key federal purchasing initiatives are taking that dictum to heart. DoD is ready to launch “chapter 3″ of Better Buying Power, and the GSA is doing the same for FAS.
When cyber criminals prey upon large brand name companies, like Target and Neiman-Marcus, everyone seems to notice. But, similar attacks occur to lesser-known organizations all the time and fly under the radar. Now, hackers have a new target: government contractors.