Industry Updates:

Vote POLITICO.com: VIDEOS bcove.me — Budget cuts will be the focus of the next political campaign. Already there are very pointed comments. Tags: DoD Spending Cuts Panetta Perry 1 point, submitted 2 months ago by Mike Anderson 0 comments
Vote POLITICO.com: VIDEOS bcove.me — Budget cuts will be the focus of the next political campaign. Already there are very pointed comments. Tags: DoD Spending Cuts Panetta Perry 1 point, submitted 2 months ago by Mike Anderson 0 comments
Vote As Panel Admits Defeat, Battle Shifts to Automatic Cuts - NYTimes.com www.nytimes.com — Supercommittee fails to reach budget cut objectives. Uncertainty surrounds future government spending cuts. Tags: Deficit Reductions Supercommittee 1 point, submitted 2 months ago by Mike Anderson 0 comments
Vote New rule funnels more contracts to small businesses -- Washington Technology washingtontechnology.com — A Nov. 2, 2011 Interim rule to the FAR allows more contracts to be set aside for small business. Tags: FAR interim rule Multiple Award Contracts Multiple Award Schedules small business 1 point, submitted 3 months ago by Mike Anderson 0 comments
Vote Calls in Congress to cap, cut, extend contractor wages -- Federal Computer Week fcw.com — The Supercommitttee is looking to restrict executive salaries on federal contracts and now is looking to extend this cap on all employees salary. Tags: Salaries Salary Cap Supercommittee 1 point, submitted 3 months ago by Mike Anderson 0 comments
Vote Second-Tier Vendors May Fair Better During Budget Crunch - Blog www.nationaldefensemagazine.org — Federal Budget cuts mean less business for Prime contractors but may not have as devastating effect on subcontractors to primes. Tags: Budget Cuts Primes Second-Tier 1 point, submitted 3 months ago by Mike Anderson 0 comments
Vote DoD Buzz | DoD’s ‘industrial capabilities’ dilemma www.dodbuzz.com — The DoD's annual Industrial Capabilities report talks about how competition will increase in the current budget environment and mergers are inevitable. Tags: 2012 Budget Cuts Acquistions DoD Industrial Capabilities Mergers 1 point, submitted 4 months ago by Mike Anderson 0 comments
Vote Obama proposes new formula to limit executive pay -- Washington Technology washingtontechnology.com — Proposed legislation limits the salaries of contractors top executives to comparable levels within the government. Tags: Excessive Contractor Pay Executive Compensation Benchmark 1 point, submitted 4 months ago by Mike Anderson 0 comments
Vote Obama plan would authorize IRS to collect unpaid taxes from contract payments - Washington Business Journal www.bizjournals.com — Under the 2009 ARRA program, contractors owed $757 Million in back taxes. The new legislation provides a way to recover that lost revenue for the government. Tags: Back Taxes contract payments 1 point, submitted 4 months ago by Mike Anderson 0 comments
Vote USAID barred 40 firms and individuals from federal contracting since January 2010 - Washington Business Journal www.bizjournals.com — The USAID department has barred 40 firms over the last year and a half, more than twice the number debarred in the previous 7 years. Tags: Contract Waste Debarred Fraud USAID 1 point, submitted 5 months ago by Mike Anderson 0 comments
Vote DoD Buzz | Having wasted $31B, DoD vows to improve contracting www.dodbuzz.com — As budgets tighten, more areas of concern over waste are discovered. Improvements in the system are needed but slow in developing Tags: Commission on Wartime Contracting DoD Fraud Waste 1 point, submitted 5 months ago by Mike Anderson 0 comments
Vote Defense Contractors Face Withheld Payments Over ‘Significant’ System Flaws - Bloomberg www.bloomberg.com — The changing requirements for government contracting: the threat of withheld payments if the contractor has significant deficiencies in business systems. A good reason to hire an expert to help in your compliance efforts. Tags: compliance Overbilling Withheld Payments 1 point, submitted 5 months ago by Mike Anderson 0 comments
Vote For cuts, pentagon must choose among weapons, personnel. www.reuters.com — With over 45% of the Pentagon's base budget tied up in pay and benefits, future cuts in the budget will be a balancing act between weapons programs and personnel. Tags: Defense Cuts DoD budget 1 point, submitted 5 months ago by Mike Anderson 0 comments
Vote A golden decade for defense companies is ending - Yahoo! Finance finance.yahoo.com — Looming cuts in the defense budget will mean severe belt tightening for most defense contractors. Tags: Budget Cuts DoD Contractors 1 point, submitted 5 months ago by Mike Anderson 0 comments
Vote US Debt Ceiling Agreement to yield Half-a-Trillion or More in Defense Budget Cuts www.moodys.com — Moody's says the defense cuts could result in lower ratings for some contractors as well. Tags: Budget Cuts Defense Contractors DoD Ratings 1 point, submitted 5 months ago by Mike Anderson 0 comments
Vote Defense.gov News Article: Debt Reduction ‘Sequestration’ Concerns Panetta, Mullen www.defense.gov — In the first news conference for new Defense Secretary Panetta he expresses concern about extensive spending cuts. Tags: Defense budget DoD Panetta 1 point, submitted 6 months ago by Mike Anderson 0 comments
Vote Panetta Sounds Alarm on Threat of Pentagon Budget Cuts - NYTimes.com www.nytimes.com — The Defense department reacts to possible future cuts in their budget. Tags: DoD Budget Cuts 1 point, submitted 6 months ago by Mike Anderson 0 comments
Vote Audits find VA awarded contracts to ineligible contractors; some contractors ignore info security policies -- Washington Technology washingtontechnology.com — 32 of 42 Veterans Affair (VA) contracts reviewed in a recent GAO audit were improperly awarded. Tags: Inelgible contracts VA 1 point, submitted 6 months ago by Mike Anderson 0 comments
Vote Debt ceiling deal doesn't solve long-term problems - latimes.com www.latimes.com — The actual debt ceiling agreement passed today has relatively little "meat" in it for all of the posturing that went on leading up to the bill. Tags: Country's key financial decision Debt Ceiling 1 point, submitted 6 months ago by Mike Anderson 5394 comments
Vote Who gains from debt deal? The Pentagon, for one | McClatchy www.mcclatchydc.com — Actual cuts to defense programs may not be as severe as cuts in other departments in the new budget deal approved today. Tags: DoD Federal Budget Pentagon 1 point, submitted 6 months ago by Mike Anderson 0 comments

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