Tag Archives: Federal Spending

Report: President’s Management Agenda to Drive Federal IT Contract Spending in Fiscal 2019

A Bloomberg Government report has found that 71 percent of federal government funds have been spent on information technology contracts since fiscal 2014 and most of those contracts support cybersecurity, cloud, artificial intelligence, data analytics and other IT modernization efforts. BGOV said Wednesday President Donald Trump’s management agenda that seeks to …

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Govini’s Eric Gillespie: Federal Spending Poised for Rebound, Vendor Services Demand Remains Steady

A Govini report has shown that contract obligations by half of 24 federal agencies increased during fiscal year 2015 despite a two-percent decline in overall agency spending. “Spending may have decreased relative to the last two years, but we see signs of a rebound, or spending stabilization, as agency funding solidified,” Eric Gillespie, Govini …

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Wes Bush: R&D to Take Sequestration Hit

Representatives from government contracting companies and the academic sector have urged lawmakers to act on automatic U.S. budget cuts to head off potential effects on the workforce and the economy, Reuters reported Monday. Andrea Shalal-Esa writes the renewed call follows warnings from the military top brass that the sequester could …

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OMB Calls for Improved Financial Data Quality

Norman Dong, Office of Management and Budget deputy comptroller, has outlined a plan designed to maintain USAspending.gov data as reliable, accurate and complete, according to a CGI Initiative for Collaborative Government article. Patricia Healy, an executive consultant at CGI, cited Dong’s June 12 memorandum titled “Improving Data Quality for USAspending.gov” …

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BAE Continues Commercial Push with Cabin Management Deal

BAE Systems has entered a memorandum of understanding with lighting solutions provider Emteq to jointly work on BAE’s cabin management system. IntelliCabin is designed to integrate cabin functions so flight crew members can better serve passengers, BAE said Thursday. The companies aim to market BAE’s product in the commercial aircraft …

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BAE Looks to Saudi Arabia Amid Sequestration

BAE Systems Plc has entered into a contract to provide Saudi Arabia with fighter jets as part of the company’s efforts to grow this year amid sequestration in the United States, This is Money reported. Roger Baird writes BAE Systems has kept Saudi Arabia as its key customer and started …

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Bloomberg: Lockheed No. 1 In 2011 Unclassified Contract Wins

Federal contract spending has dropped from $552 billion in 2009 to $532.6 billion in 2011, according to a Bloomberg Government analysis reported by GovExec. The study also analyzed the top 200 government contracting firms, which accounted for nearly two-thirds of federal procurement dollars. For 2011 contract awards, the top five …

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