Sequestration a Waiting Game for Contractors
Waiting for awards and RFPs during sequestration is like the last month of pregnancy; delivery is coming, but it doesn’t feel soon enough. No waiting for a Senate subcommittee, which ignored sequestration when marking up the FY14 DoD budget.
Restored DoD Funds to Reduce Civilian Furlough Days
The president, some senators and the Pentagon push for military budget relief and the first pilot to break the sound barrier suggests a less expensive aircraft.
Lockheed Predicts $825M Decline in 2013 Sales
Defense contracting giant’s Tuesday earnings report showed expected sequester impact.
Five Production F-35s Cut
Pentagon slices five F-35s from fifth production lot to pay for cost overruns in the fourth lot.
