Monday Morning News Kick Off: DoD Preps for Sequestration; OMB Touts Contract Reductions; MorganFranklin Sells Security Business; and NORAD Santa - (Archived)

Welcome to the Monday morning news kick off post from the FedPulse blog.  The Department of Defense is preparing for sequestration and the OMB is touting reduction in contracts. Yes, we are officially heading into rough water.  Though all is not dire.  Defense contractors are still winning new contracts and there’s always NORAD Santa. Read about this and much more in the FedPulse weekly news round up.  Happy Monday!

DoD Begins Planning for the Fiscal Cliff
The Defense Department received guidance from the OMB to officially begin planning for the spending cuts expected from sequestration.

DoD Officials on Budget Cuts:  Civilian Workforce Should Not Suffer
Broad cuts to the Defense Department’s civilian workforce would be very harmful, according to several Pentagon officials.

Science and Engineering Students Petition Congress to Stop Sequestration
Science and engineering students have hand-delivered a petition to the local offices of all U.S. senators and House leaders, requesting that sequestration be halted because it would harm their future as innovators.

OMB Touts Contract Reductions, Amplifies Strategic Sourcing Push
Federal contract spending declined for the third year in a row in fiscal 2012, the Office of Management and Budget announced, decreasing by 4.5 percent from fiscal 2011.

Defense Bill Would Lower Reimbursement Cap for Contractor Executive Pay
Executive compensation for top defense contractors may continue to be in the millions of dollars, but less of it will be coming from taxpayers if a clause in the U.S. National Defense Authorization Act (NDAA) is signed into law.

10 Predictions For Government IT In 2013
The adoption by government organizations of big data analytics, cloud computing and mobility is expected to propel the use of “smart strategies” in 2013, according to new research.

DoD and VA Aim to Speed Up Joint Health Records Program
Last week, Defense Secretary Leon Panetta said that he and Veterans Affairs Secretary Eric Shinseki have agreed to accelerate deployment of an integrated electronic health record to serve both departments.  Check out our previous post on this program here.

MorganFranklin Sells National Security Business to SRA International
MorganFranklin has agreed to sell its national security solutions business to Fairfax-based SRA International Inc. for an undisclosed sum.

Northrop Grumman Joins DARPA Program for Advanced Imaging Synthetic Aperture Radar
Northrop Grumman is working with DARPA to develop imaging radar that is able to track moving targets through clouds.

Lockheed Close to Pentagon Backing for 29 F-35 Jets
Lockheed Martin is close to winning Pentagon backing to build all 29 F-35 fighters planned for the coming fiscal year.

Booz Allen Closes $154 Million Deal for ARINC Division
Booz Allen Hamilton has closed on its $154 million purchase of the defense systems engineering and support division of ARINC Inc.

CACI Creates Two New Business Units
CACI International is splitting one of its business units into two new groups to focus on the federal civilian and business systems markets.

SAIC Awarded Contract by U.S. Air Force Research Laboratory (AFRL)
Congratulations to SAIC for being awarded a prime contract by the U.S. Air Force Research Laboratory (AFRL).

GTSI’s Sterling Phillips to US Investigation Services
Former GTSI CEO Sterling Phillips has been named president and CEO of Investigations Services, which conducts background checks for government agencies.

ALERT: NORAD Santa Tracking Site Ready!
NORAD, the command responsible for tracking possible airborne threats to America, also tracks Santa as he roams the globe.



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