Posts Tagged "sequestration"

Whoa Nellie!

Posted by on Mar 31, 2015 in Defense Industry, DoD Audit, DoD IG, Federal Financial Management, Financial Management, Financial Systems, Uncategorized | 0 comments

So I guess you have to be an old guy like me to remember Keith Jackson, long-time ABC Sportscaster,  shouting “Whoa Nellie” but that’s what came to mind as I read the latest on the US Marine Corps audit saga.  Apparently GAO has forced the DoD Inspector General to retract the Marine Corp’s clean audit opinion because of problems in the suspense accounts.  Here’s a link to an article in Defense News with  the details. I have opined on DoD audits on several occasions….first shouting with joy at the accomplishment, then wondering if it really mattered and...

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Competition and Sewing Machines

Posted by on Aug 26, 2014 in Acquisition Reform, Defense Industry | 0 comments

I saw an interesting article this morning on the NDIA Blog site which said Secretary Frank Kendall, the Under Secretary of Defense for Acquisition, Technology and Logistics  USD(AT&L), was unhappy that DoD did not meet the goal for having more competition for defense-related contracts.   I’m not surprised at that because given the irrational focus of DoD on vendor profits, they have managed to make bidding on defense contracts so unattractive that fewer and fewer companies are making the effort to bid.  In my view, it’s not just one reason: There are less contractors out...

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Neglected Nightmares and Forgotten Dreams

Posted by on May 13, 2014 in Defense Industry, DoD Budget, Sequestration, Uncategorized | 0 comments

I know.  I know.  You are asking what can this article possibly be about? Well, it’s all about the DoD budget (the Dream) and sequestration (the Nightmare).  I’ve been talking to a few budget folks over the past week and asking how is this year compared to others in terms of pain.  The universal answer has been “Not so bad this year.”  But soon all our dreams of finally getting some sanity in the budget process will give way to the nightmarish and forgotten process known as Sequestration.  It’s been quite a journey to get to where the DoD budget is today....

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The DoD Budget Deli: A Slice of Salami, Please.

Posted by on Mar 10, 2014 in DoD Budget, QDR, Sequestration | 0 comments

There were several good articles in the papers regarding the DoD budget over the weekend. The Washington Post had a good one that provided a pretty good summary.  As an old Intruder guy I have to point out that the article notes the cancellation of the A6 Intruder, with a nifty link to some information on the Venerable Intruder. It’s not often one gets to scoop the vast reporting resources of the WaPo so here goes: Dear WaPo Editorial Board, The Intruder was retired on 28 February 1997 and most of them are either in an underwater reef of the coast of St. Augustine (known as Intruder...

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Stealth Works in the Budget Too!

Posted by on Feb 28, 2014 in Defense Industry, DoD Budget, Financial Systems, Sequestration, Working Capital Funds | 0 comments

First thing: Yesterday’s blog on Shared Services fell flat on the website with only a handful of hits.  I take it the world of Shared Services is not so hot on the list of “interesting” topics.  But there’s still a lot of money to be saved there.  In fact, I would contend that there’s a lot of money floating around in areas that most people don’t find so interesting.  It’s the uninteresting that ironically is the most interesting in terms of budget cutting.  They escape scrutiny during the year-to-year  budget battles, floundering in cash. The big...

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