Due to budget constraints, the Defense Department is now looking for an alternative to bulky and marginalized contracts. Industry players and analysts expect mid-size contractors to thrive during the clamping fiscal environment, the Washington Post reports. Mid-sized contractors typically post revenue margin between $25 million to $35 million, making them too big to enjoy specific [...]
Herley Industries, a subsidiary of Kratos Defense and Security Solutions, has received a $11.5 million contract from a prime contractor to continue producing electronic hardware for a U.S. ballistic missile program, Kratos announced in a release Tuesday. Herley President Richard Poirer said the award includes hardware used for tracking, flight safety and flight test instrumentation. Kratos [...]
Following the first installment in the Washington Post’s investigative series, “Top Secret America”, the Office of the Director of National Intelligence released a statement yesterday clarifying the relationship between the intelligence community and contractors. ODNI dispelled several common “myths” surrounding IC’s relationship with contractors in the document. Of the misconceptions, contract budgets, federal oversight of [...]
We’ve reported on the intersection of government and Web 2.0 technologies before on this blog. It’s an important and shifting landscape and nowhere is this dichotomy more evident than in Washington D.C. Most of the applications are born in the private sector. Wikipedia, for example, became widely used well before Intellipedia, the intelligence service’s equivalent [...]
More than 60,000 federal workers retired in 2006 according to a recent BusinessWeek article. That leaves a lot of unoccupied desks across the federal government. While Uncle Sam scrambles to recruit a new generation of workers, contractors have already begun to replace many of the vacancies. Contracting firms, often with larger wallets and stronger on [...]
