Weekly News Kick Off: Sequestration’s Impact in 2014; Projecting Growth in Aerospace and Defense; and New Contract Wins - (Archived)

Welcome to the Weekly News Kick Off post from the FedPulse blog.  With 2013 in our rearview mirror, it seems that 2014 is starting off with a bang – with many stories about new contact wins. Though the specter of sequestration is still looming overhead. Be sure to check out this and much more in the latest Weekly News Kick Off.  Happy Monday.

Chief Justice: Sequester Jeopardizes Federal Courts, Public Safety
The federal court system would face major staff reductions, trial delays and security risks without additional funding, according to Supreme Court Chief Justice John Roberts.

Not Out Of The Woods Yet: 6 Ways Sequestration Will Affect 2014
The recently passed two-year budget agreement will lessen the effects of the across-the-board cuts known as sequestration, but we are not out of the woods yet.

Randy Forbes: Leading The Fight for More Military Funding
Rep. Randy Forbes (R-Va.) is among the handful of lawmakers who have been battling the continuing assault on the nation’s military budget.

Deloitte Report Projects 5 Percent Growth in Aerospace and Defense Industry
The continued decline of defense spending into 2014 will likely force new revenue streams for the aerospace and defense (A&D) industry, according to Deloitte’s 2014 Global Aerospace and Defense Outlook.

IT Agenda Teed Up for 2014
FCW provided insights into three key IT policy areas legislators took up in 2013, and how they might play out this year.

Why Wall Street Stuck By The Large Defense Companies In 2013
The nine largest government contractors reported an average of a 69.1 percent return to investors — compared with the 2.8 percent average.

GSA Sheds Staff to Save Millions
The General Services Administration continues to shed employees as it streamlines its operations in the wake of a 2012 inspector general report detailing wasteful spending at a 2010 conference.

Northrop Grumman, Hopkins Partner on New Healthcare Start-Up Accelerator
Northrop Grumman has partnered with Johns Hopkins University to start a new start-up accelerator for health care.

Booz Allen Hamilton Rings in Its 100th Year with the Opening Bell at the New York Stock Exchange
Booz Allen Hamilton celebrated the launch of the firm’s 100th anniversary year by ringing the opening bell at the New York Stock Exchange.

Raytheon Awarded $70 Million for Air Force Countermeasures
Congratulations to Raytheon for winning a $70 million contract to build electronic countermeasures and line replaceable units for in-country spares, software sustainment and other work at two Air Force bases.

Boeing to Engineer B-1 Weapon Systems for $750 Million
Congratulations to Boeing for winning a $750 million contract to perform engineering work on weapon systems for the U.S. Air Force‘s fleet of B-1 Lancer supersonic bombers.

Leidos Awarded Contract By California Army and Air National Guard
Leidos was recently awarded a prime contract by the California Army and Air National Guard (CAARNG/CAANG) to provide architectural and engineering services for planning and facilities.

Fluor to Provide Consulting Services for Kuwait Oil Company Projects
Congratulations to Fluor Corporation for winning a $410 million contract from Kuwait Oil Company (KOC) to provide comprehensive consulting services for project and construction management.

UNICOM, Formerly GTSI, Buys IBM Public Sector App Development Tools
UNICOM Global, formerly GTSI, has acquired a portfolio of IBM products that are designed to help developers create multi-platform business applications.


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