GovWin Recon: Aug. 11: DOD Budget Impacts on Contractors; Procurement Work After Military Service; Contractor Cybersecurity

August 11, 2011
FedCyber Wire, Spending
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via GovWin

DOD Budget Impacts on Contractors
Moody’s may cut defense contractor ratings [Washington Business Journal]Moody’s Investors Service indicates that it may cut the credit ratings of some defense contractors, especially those still dealing with substantially underfunded pension programs. Its report predicts that DOD cuts of ten percent or more will increase competition and scale back profit margins, leading to the cutting of payrolls and corporate restructuring.

Crowded market for defense dollars [Fayetteville Observer]DOD spending cuts were a major topic of conversation at the North Carolina Defense Trade Show, with Sprint government sales rep Janet Thompson noting, “We just have to try to leverage our technologies to help (military customers) cut their costs.” Wallace Thompson, president of Fox Apparel, felt it was important to show samples of his firm’s military uniforms for exposure during tight budgetary times.

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