Industry News

House OKs Bill to Avert Government Shutdown, Suspend Borrowing Limit

Capitol Hill

The House on Tuesday voted 220-211 to pass a bill that would fund government operations through Dec. 3rd and suspend the debt limit through the end of 2022. The continuing resolution, which is now headed to the Senate, seeks to avoid a partial government shutdown by the end of fiscal year 2021 and prevent the U.S. from defaulting on its debts.

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Aerospace & Defense Industry Recorded $874B in 2020 Revenue; AIA’s Eric Fanning Quoted

Eric Fanning

The Aerospace Industries Association (AIA) has released a report saying the aerospace and defense industry was still able to record $874 billion in revenues, contribute $90.6 billion in exports and hired 2.09 million workers in 2020 despite the significant business and job losses as a result of the COVID-19 pandemic.

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CBO: Navy’s FY22 Shipbuilding Plan to Cost $25B to $33B Per Year Over 30 Years

Shipbuilding Plan

A Congressional Budget Office (CBO) report estimates that the U.S. Navy’s fiscal year 2022 shipbuilding plan to increase its fleet size to between 398 and 512 crewed ships and unmanned vessels would cost approximately $25 billion to $33 billion in 2021 dollars annually over three decades.

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Sen. Margaret Wood Hassan Poses Questions to DOJ Over Cryptocurrency

Cryptocurrency

Sen. Margaret Wood Hassan, D-N.H., has asked the Department of Justice about authorities used by agencies within DOJ to regulate U.S. cryptocurrency exchanges, kiosks, over-the-counter cryptocurrency trading desks and their users. The senator made the inquiry amid the increasing use of the new financial technology for criminal purposes.

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Deltek Expands GovWin IQ Coverage to Canada, Offers Centralized GovCon Platform; Dan Duguay Quoted

Deltek

Deltek’s government contracting marketing intelligence platform, GovWin IQ, has expanded its coverage to include the Canadian government, allowing contractors to centralize business development and marketing research across the U.S. and Canada into one platform. Dan Duguay of Tactix Government Relations comments

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Labor Department Announces Minimum Wage Rate Change for Federal Contract Workers

Minimum Wage

The Department of Labor has announced that the minimum wage of employees working on federal contracts covered by an executive order signed in 2014 will increase from $10.95 to $11.25 per hour starting Jan. 1, 2022. DOL proposed rules to implement the current administration’s order, which will extend the new minimum pay to federal contract employees with disabilities and phase out the tipped minimum wage by 2024.

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Christine Michienzi: DOD Continues CMMC Review; Encourages Industry to Continue Prep Work

Christine Michienzi

Christine Michienzi, chief technology officer under the deputy assistant secretary of defense for industrial policy, said the government continues to review mechanisms of the Cybersecurity Maturity Model Certification (CMMC) program. She said Monday at the Intelligence and National Security Summit that the defense industry should continue efforts to align with CMMC despite upcoming program changes that may result from the ongoing review.

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Military Intel Leaders Cite Initiatives to Fight Online Disinformation; Lt. Gen. Matthew Glavy Quoted

Online Disinformation

Military intelligence officials discussed some of the efforts service branches are initiating to counter adversaries’ online disinformation campaigns and malign influence messages. Alex Miller, Army G-2 senior adviser for science and technology and innovation, said military personnel are adopting the OODA loop approach to decision-making - which means observe, orient, decide and act – to help counter falsities online.

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Alice Hill: Federal Government Could Help State, Local Officials Understand Climate Risk

Alice Hill

Alice Hill, former special assistant to President Obama and senior director for resilience policy on the National Security Council (NSC) staff, said the federal government can support state, local and tribal leaders as they make decisions when it comes to preparing for climate impacts. Hill called on federal government officials to consider climate risk in the decision-making process. 

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GAO: DOD, Service Branches Postpone Nonessential Purchases to Minimize Effects of Continuing Resolutions

Pentagon

The Government Accountability Office has found that the Department of Defense and military services have implemented practices to mitigate the effects of a continuing resolution, such as delaying nonessential training and purchases and commencing start dates of service contracts after the fiscal year’s first quarter. The congressional watchdog also found a slowdown in the hiring of defense civilian employees. 

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