With all the pressure on the Federal Budget the past couple of years, it is clear to see that the way of government spending is changing. The implications of how it changes is very different from what we have seen before. Or is it? One of the clear changes is that spending is being cut. Sequestration calls for cuts if congress cannot decide what to trim from the budget. There have been several band-aids put on the FY2014 budget but the general consensus is that the budget will be trimmed significantly in coming fiscal years. This may mean creative ways to trim expenses in certain departments, like the DoD, and will result in a more competitive environment for those bidding on the remaining work.
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There are plenty of people offering suggestions about what the government's sequestration is doing to the industry of government contracting. Defense contractors are the largest segment of this population and probably the most impacted. There have been projections that the Department of Defense would have to lay off over 6,000 of it's civilian workforce in 2014 just due to sequestration cuts. It was also forecast that research and procurement could be cut by up to 16% and maintenance could be cut by as much as 12%.
As the Federal Budget changes and is whittled down, there will obviously be some programs that will be cut and or eliminated. It has been widely publicized that non-essential travel has been greatly reduced within the government to help reduce costs. Even the Blue Angels flight team was grounded for a period of time during 2013 (They will be back in the air for the upcoming fiscal year). I thought it might be worthwhile to look at some of the programs that we have heard of that could either be casualties or might be good candidates to survive.