Budget Control Act
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in Featured, General, Industry News, News
Ken Asbury: CACI Factors Culture, Market Strategy Into Acquisition Target Selection
Ken Asbury, president and CEO of CACI International and a five-time Wash100 winner, has pointed to cultural fit and a go-to-market strategy that could involve technical skills or technology offerings as the company’s key considerations for identifying potential acquisition targets. “We look through a lens of all of our markets at all times and something […] More
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Mike Basla on CACI’s ‘Solutions-Based’ Market Focus & Industry’s Role in US Air Superiority Effort
Mike Basla joined the former L-3 National Security Solutions business as a senior vice president in March 2015 after a 35-year U.S. Air Force career, then transitioned to CACI International one year later upon that company’s acquisition of NSS. Now at CACI, the retired lieutenant general and former Air Force chief information officer holds an SVP […] More
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in Featured, General, Industry News, News
Bloomberg Government Team Predicts FY 2016 Reversal of Contract Spending Declines, M&A Reshaping to Continue
Total federal contract spending declined for the sixth consecutive year in the government’s 2016 fiscal year but the team of analysts at Bloomberg Government predict that negative trend to reverse in the current FY 2016. In its BGOV 200 study released Tuesday, Bloomberg Government said federal unclassified contract spend for fiscal year 2015 fell nearly 1.5 percent to a […] More
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in News
Deloitte Finds Commercial Aerospace Revenue Up 18%; Tom Captain Comments
Revenue in the commercial aerospace sector rose 18 percent in 2012 and earnings rose 13.2 percent for the year as the defense sector is seeing budget cuts under the twin mechanisms of the Budget Control Act and sequestration, a Deloitte study says. Defense companies’ revenue decreased 1.5 percent and earnings were down 7.4 percent in […] More
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AIA Study: 1M Small Business Jobs At Risk Under Sequestration; Stephen Fuller Comments
New analysis by a Aerospace Industries Association study revealed that 956,181 small business jobs are at risk under sequestration. According to the report, these findings increase concern about job losses across defense and non-defense employers when the Budget Control Act takes effect on January 2, 2013. The study conducted by Dr. Stephen S. Fuller, Dwight […] More
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in NewsLockheed CEO Bob Stevens Addresses Defense Budget Cuts
Lockheed Martin Chairman and CEO Bob Stevens gave a keynote address on defense budget cuts at an industry luncheon March 14. The company said he addressed the Senate Aerospace Caucus at an Aerospace Industries Association event, encouraging government leaders to not go ahead with sequestration. Sequestration would cut an additional $500 billion from the defense […] More
