This Week in Federal Contracting – November 20, 2017

This Week in Federal Contracting – November 20, 2017

In this week’s Federal Contracting News Roundup, we are looking at:

  • Exponential growth in women-owned businesses, especially in the D.C. area
  • The recently authorized Hacking for Defense program
  • Factors to consider before a federal IT overhaul

Below are some recent headlines of which the federal contracting community should be aware:

Women-owned business growth strong in DC area

According to the seventh annual State of Women-Owned Businesses Report from American Express OPEN, women-owned businesses in the U.S. have more than doubled in the last 20 years, with D.C. highlighted as a high-growth area. Geri Stengel, author of the report and a research adviser to American Express, noted that federal contracting likely has a lot to do with that dense growth in the D.C. area for women.

She added, “The vital signs for Virginia are very strong in terms of women-owned businesses. Virginia ranks high in economic clout, which is growth in revenues and growth in employment. It also does well in terms of employment vitality. Maryland is a little less strong but still above national averages.”

Read the whole story here.


Ensuring that defense agencies will have access to a community of entrepreneurs and innovators

A recent opinion piece on The Hill by Rep. Dan Lipinski (D-Ill.), Steve Blank And Pete Newell discusses Congress’ recent authorization the Hacking for Defense program, “a partnership between the Department of Defense and universities in which our nation’s best and brightest students perform national service while working on national security problems.”

The article explains, “An outdated defense acquisition system that rewards large companies that specialize in government contracting over startups and small businesses has furthered the shift. Why should a startup spend a year filling out paperwork, when in the same amount of time, they could raise tens of millions of dollars and build and ship advanced technology?”

Read the whole story here.


5 things to think about when modernizing agency IT

Colby Proffitt points out in a recent article on FCW that IT Modernization is not an “if” but a “when” for federal agencies. Proffitt lays out five important factors to keep in mind when agencies are looking to tackle their modernization planning. Some of these elements include:

  • Customizing modernization paths
  • Security concerns
  • Cloud adoption

Read the whole story here.