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Tag Archives: investment

Mike Petters: Gov’t Should Give Industry ‘Clear Signals’ on Future Budget Plans

Huntington Ingalls Industries CEO Mike Petters said that industry needs “clear signals” from the government to determine the focus of new investments as contractors work to drive down long-term costs, Reuters reported Monday. Petters said that continued budget uncertainty and other Defense Department priorities prevent vendors from investing or pursuing research on new technologies or processes, Andrea …

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Report: President Obama to Announce New Initiatives to Attract Foreign Business Investments

President Barack Obama is scheduled to announce  fresh initiatives on Oct. 31 aimed at bringing foreign investors to the U.S., Reuters reported Thursday. Mark Felsenthal writes Obama will address business representatives from across the world at the SelectUSA investment conference on Thursday. Administration officials told the publication the federal government intends …

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Dan Tangherlini Voices Concern Over Proposed GSA Spending Cuts Bill

General Services Administration head Dan Tangherlini has voiced his opposition over a planned House Appropriations Committee bill to slash $2.5 billion from the requested fiscal year 2014 budget. Tangherlini wrote in a Wednesday blog post that the proposed bill contains a provision that will cover only 85 percent of the agency’s liabilities in the private …

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Jonathan Greenert: DoD Supports Cybersecurity Investments Amid Sequestration

The U.S. Defense Department is allocating significant investments for cybersecurity as one of its primary concerns despite across-the-board budget cuts in government, according to a Reuters article. John O’Callaghan writes the agency puts emphasis on the role cybersecurity plays in helping computer networks and satellites coordinate communication among ships, planes and personnel. …

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