GovCon expert Jim McAleesefounder of McAleese & Associates and three times Wash100 Price recipient, will discuss his invaluable experience and insight into the most significant challenges facing the tech landscape and the federal sector as we approach 2023 during the virtual Defense in Depth event today at 5 p.m. 30 (EST). No registration is required.
Jim McAleese will discuss how the impact of a tight labor market, stiff competition from our adversaries such as China, and challenges in critical areas like the semiconductor industry are changing the way contractors, the Defense Industrial Base and the Department of Defense do business in our industry and solve America’s greatest national security problems.
For instance, McAleese & Associates recently released a report indicating that defense stock prices have climbed 18-20% since the start of the year and have outperformed the S&P 500 as investors in the sector react to the recent Russian invasion of Ukraine. He also noted a 10% increase in DoD investment accounts for fiscal years 2022 and 2023.
McAleese added that investors generally expect at least an additional 7%, or $54 billion, of DOD funding growth for fiscal year 2023 to at least $800 billion, up from $742 billion. adopted during the current financial year.
Visit McAleese & Associates to watch the live stream today at 5:30 p.m. (EST) to see GovCon expert Jim McAleese share his insights and highlights on the latest technologies, programs, and innovations that will be essential for America’s service branches and federal organizations as budget planning begins for the next fiscal year 2024.
About GovCon Expert Jim McAleese
As Principal of McAleese & Associates, GovCon expert Jim McAleese is an expert defense industry analyst and strategist. McAleese helps its customers maximize the value of the DoD budget cycle. Its main purpose is to strengthen the relationship between the DoD and the contracting community.