Right after the the November election, many contractors got excited. Visions of a new administration with new business-friendly policies caused the stocks of defense contractors to rise. But, now that the Trump team is here, are contractors still as optimistic?
Everyone’s trying to figure out what the next four years are going to be like for the federal government. Are agencies on the chopping block? Where is discretionary spending heading? While we don’t have answers, we do have some clues.
Amid the inaugural hubbub, little attention was paid in the mainstream media to the GAO’s decision to deny the pre-award protests for the $50 billion Alliant 2 vehicle. But, government contractors may have felt the ground shake beneath their feet.
Mention capturing almost $10 billion in lost revenue and even federal agencies will sit up and take notice. That’s the amount Rep. Jason Chaffetz (R-UT), House Oversight and Government Reform Committee Chairman hopes to collect if his Tax Accountability Act passes.
For some time, the American Small Business League (ASBL) has been on a crusade to prove its assertions that small contractors are being shortchanged by rules that give unfair advantage to large corporations. However, on one front a setback occurred.
Small business government contracting has been controversial of late with organizations challenging the SBA’s methods for determining small biz awards. Still, most agree that more small contractors are getting work. The question is, can they afford all this good fortune?
Last summer, the Supreme Court handed down a unanimous decision in the Kingdomware case that meant the VA must apply the veteran owned small business “rule of two” for pretty much all its procurements.And, the good news is still coming.
The best new business for 2017 may be selling crystal ball polish. Many have already tried auguring what business will be like with the new administration. Could this week’s much ballyhooed tech meeting reveal anything? Let’s check the crystal ball
Right after Election 2016′s shocking results, defense stocks soared. After all, a Republican in the White House usually means it’s bonus time for defense industry execs. Then, the President-Elect tweeted about outrageous costs for the F-35, and Lockheed stocks plunged.
As the 114th Congress limped to its legislative finish line, the House and Senate did manage to pass the National Defense Authorization Act for FY 2017 by margins that make it veto-proof. Since we know it’ll pass, what’s in it?