Welcome to the Weekly News Kick Off post from the FedPulse blog. Sequestration side effects are becoming a true reality with the Pentagon putting contractors on notice for deep cuts and three agencies beginning furloughs on Fridays. The International Monetary Fund (IMF) is calling for a repeal of the sequester, calling it “ill-designed.” Be sure to check out this news and much more in today’s Weekly News Kick Off. Happy Monday.
Pentagon Leaders Put Support Contractors on Notice for Deep Cuts
Defense Secretary Chuck Hagel signaled his intention to make deep cuts in contractor personnel who help manage programs in almost every sector of the Pentagon bureaucracy.
IMF Urges U.S. to Repeal ‘Ill-Designed’ Sequester Cuts
The International Monetary Fund on Friday urged U.S. officials to scale back automatic federal spending cuts, warning that the cuts are “excessively rapid and ill-designed” and are hurting the nation’s economic recovery. The IMF also downgraded its 2014 growth forecast of the U.S.
Three Agencies Shuttered Friday Due to Furloughs
The IRS, HUD and the Office of the U.S. Trade Representative shut down on Friday due to sequestration-induced employee furloughs.
GAO Questions $4 Billion in IT Savings
The OMB claims that a new approach to reviewing troubled government information technology projects has saved the government $4 billion in 2010 and 2011, but congressional auditors are questioning the validity of these stats.
House Backs IT Buying Overhaul
The House on Friday passed a bipartisan plan to overhaul the way the government purchases and manages information technology, as part of a major defense policy bill.
Army Releases Cybersecurity Handbook
As part of the effort to curb cyber threats, the Army released a 16-page handbook this month that outlines security strategies.
House Approves 1.8 Percent Military Pay Raise
Members of the military would receive a 1.8 percent pay increase in 2014 under legislation the House passed on Friday. The appropriations legislation does not provide money for a civilian pay raise in 2014.
DHS Taps BAE Systems for Geospatial Imagery and Analysis
DHS’ Geospatial Management Office has selected BAE Systems to provide geospatial imagery for real-time intelligence as part of DHS’ Remote Sensing Services to Support Incident Management and Homeland Security contract.
Lockheed-Northrop Venture Wins $90.6M Contract for Attack Helicopter Enhancements
Longbow LLC, a joint venture between Lockheed Martin and Northrop Grumman, has won a $90.6 million contract to provide Saudi Arabia with fire control radars in support of the AH-64 Apache Attack Helicopter.
CACI Awarded Prime Position on $899 Million Multiple-Award Contract from the U.S. Navy
Congratulations to CACI International for being selected as one of 15 prime contractors to support the $899 million Decision Superiority (DS) contract for the U.S. Navy.
SAIC Awarded Contract By United States Space And Naval Warfare Systems Center Atlantic
Congratulations to SAIC for being awarded a prime contract by the U.S. Space and Naval Warfare Systems Center (SSC) Atlantic to provide electronics and communications services.
SRA International Awarded $9.7M Task Order by NHLBI
Congratulations to SRA International for winning a $9.7 million task order from the National Heart, Lung, and Blood Institute.
2013 Washington Technology Top 100
Be sure to check out Washington Technology’s Top 100 contractors list for 2013. Congratulations to those companies who made the list!