DOD contracts drop 16%

Defense Department contract spending fell sharply by 16% as a result of sequestration in 2013, according to an analysis by the Center for Strategic and International Studies obtained by Federal News Radio.

While sequestration reduced the DOD budget by $56 billion, or 8%, in the years 2012 and 2013, a larger share of the cuts affected contracting.

The study’s author said 53% of total DOD spending was on contracts in 2012, falling to 49% in 2013. Army contracting was down by 21%; Air Force, down 22%, and other DOD agencies, down 18%, but Navy contracting was down only 2%.

Contracts to small, medium and large vendors decreased by 19%, but the largest six vendors only experienced a 9% dip.

More information: http://goo.gl/MBO9ZA

DOD says it met small biz goal for first time

Is SBA bar too high for women in 8(a)?

DOD contracts drop 16%

Column: Increasing Your Company's Value Part 4 - Product/Service Offering

Correction

Washington Insider: