Congress funds government through winter
Talk of a federal government shutdown can subside until March 4 now that Congress has passed another temporary spending bill funding federal agencies through that date. The bill increases federal...
View ArticleRadar deal tops DoD’s October contract awards of $17 billion, analysis shows
Raytheon Co., the world’s largest missile maker, won the U.S. Defense Department’s biggest contract last month, a potential $1.6 billion deal to build advanced radar for new naval destroyers. The...
View ArticleGSA may offer more cost-reimbursable contracts
The General Services Administration (GSA) is considering adding cost-reimbursable options to its supply schedules, according to a top agency official. Tom Sharpe, the commissioner of GSA’s Federal...
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Former head of engineering firm fined $4.5 million for 20 years of contract...
The former president, chief executive officer, and chairman of the board of a New Jersey-based international engineering consulting company was sentenced today to 12 months of home confinement and...
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Lockheed: Pentagon negotiators are becoming more unpredictable
Pentagon negotiators have in recent months become more unpredictable and willing to ignore precedent, Lockheed Martin’s CFO said last week. The seemingly new approach has slowed down talks on the...
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Federal contractors may be able to recover costs caused by the government...
The current government shutdown is now the longest in U.S. history, and many federal contractors are incurring costs as a result of shutdown-related work stoppages and delays. Luckily, many federal...
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