I’ve been describing the lumbering giant of the government machine as mostly continuing normal operations during this pandemic, albeit from remote locations. Consider that nearly 3 Trillion dollars was appropriated by Congress over the past month and a half. Hundreds of millions of dollars were directed at specific hard-hit industries, and more will follow.
Last week, contracts worth a combined 20+Billon dollars were awarded. That’s right, over 20 Billion dollars. Hundreds of millions some days; billions other days. An entirely new class of warship, the FFGX, was awarded. These awards serve validated national security needs and underwent a multi-year approval process before coming to fruition.
The awards are emblematic of one end of the budget and acquisition process – the tail end. There is a multi-year process available to companies of all sizes. It remains 100% open for business today. Are you seeing the entire opportunity in front of you?