Photograph by George Frey/Bloomberg
A construction worker makes final adjustments to a large autoclave at Alliant Techsystems Inc.'s ATK Aerospace Structures - ACCW Facility. Alliant is the largest supplier of rifle rounds to the U.S. military.
Revenue Decreases for 40% of U.S. Contractors, Survey Says
Government contractors are experiencing more decreases in revenue than increases for the first time in at least 18 years. Thirty-eight percent of federal contractors saw a decrease in revenue in 2012 from the previous year, according to a Grant Thornton...
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Photograph by Christopher Powers/Bloomberg
Mike Petters, president and CEO of Huntington Ingalls Industries Inc.
Huntington CEO Doesn’t See Need for You-May-Be-Fired Notices
The chief executive officer of Huntington Ingalls Industries Inc. says he doesn’t think it would serve the company’s purposes to issue mass-dismissal warnings to workers even if U.S. spending cuts occur later this year. “We are much more of a long-term business,” said...
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Photograph by Kari Goodnough/Bloomberg
Oil from the BP spill floats in the Gulf of Mexico near Orange Beach, Alabama.
BP’s Revenue Dwarfs Contracts and Criminal Settlement
Washington is buzzing about BP Plc’s recent suspension from winning new U.S. government contracts. A few figures to provide some perspective on the oil company, which agreed to plead guilty to criminal charges after the worst oil spill in U.S....
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Photograph by U.S. Coast Guard via Getty Images
Fire boat response crews battle the blazing remnants of the off shore oil rig Deepwater Horizon in the Gulf of Mexico near New Orleans, Louisiana.
BP’s Case for `Responsibility’ at EPA
The Environmental Protection Agency has slapped BP Plc with a temporary ban on new government contracts, telling the world the company showed a “lack of business integrity” after the nation’s largest oil spill, in the Gulf of Mexico. Now, BP...
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Loaves of Wonder Bread at the Hostess Brand Inc. bakery in Sacramento, California. Photograph by Ken James/Bloomberg
Pentagon Twinkies Supply Route Cut
The Pentagon may need to find another vendor to satisfy its sweet tooth. Hostess Brands Inc., the bankrupt maker of Wonder Bread and Twinkies that has said it will fire more than 18,000 workers and liquidate after a strike crippled...
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President of Taxpayers for Common Sense, Ryan Alexander, testifies during a hearing on Capitol Hill in 2011. Photograph by Alex Wong/Getty Images
Budget Watchdog to Congress: Do Bare Minimum, Then Get Out
“Punt and go home.” That’s the message that Taxpayers for Common Sense wants to send to lawmakers. Ryan Alexander, president of the Washington-based non-partisan budget watchdog organization, said in a Nov. 14 open letter to Congress that lawmakers should do the...
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Government contractor Oshkosh Corp.'s M-ATV vehicle. Photograph by Oshkosh Corp. via Bloomberg
U.S. Contract Terminations Coming
Contractors may see more canceled deals with the U.S. government as the federal budget shrinks, according to Robert Burton, a former top procurement official under President George W. Bush. “Terminations for convenience” on federal awards will “absolutely” trend upwards, said...
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Contributors
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Al Hunt
is a columnist for Bloomberg View and host of the weekly show "Political Capital with Al Hunt" on Bloomberg TV. -
Mark Silva
is deputy managing editor for government news in Washington and editor of Political Capital. He has covered the White House and national politics. -
Emma Fidel
is political editor for Bloomberg.com in Washington. She previously covered financial regulation as a Bloomberg intern. -
Don Frederick
edits political and government coverage for Bloomberg News. He previously worked for more than a decade at the Los Angeles Times' Washington bureau. -
Gregory Giroux
analyzes elections, financing of congressional and presidential elections, political advertising and demographics in Bloomberg's Washington Bureau. -
Julie Bykowicz
covers the influence of money and lobbying in Washington, and covered the state legislature and city crime for the Baltimore Sun for 10 years. -
Jonathan Salant
covers campaign finance and lobbying in Washington. He was president of the National Press Club and started in Washington in 1987. -
Richard Rubin
covers federal tax policy. He worked at Congressional Quarterly and The Charlotte Observer before joining Bloomberg News in 2010. -
Julie Hirschfeld Davis
is a senior political reporter for the Washington Bureau. She covered the 2012 campaign for Bloomberg News and previously covered the White House for the Baltimore Sun. -
Lisa Lerer
covers the White House and covered the 2012 campaign for Bloomberg News. She covered Congress, lobbying and the 2008 campaign for Politico. -
John McCormick
is a national political reporter looking forward to the 2016 presidential campaign, which will be the fifth he's covered. He's also reported for The Des Moines Register and Chicago Tribune. -
Julianna Goldman
covers the White House for Bloomberg News and Bloomberg Television. -
Hans Nichols
covers the White House for Bloomberg News and Bloomberg Television. -
Margaret Talev
covers the White House for Bloomberg News and covered the White House for McClatchy Newspapers. She has covered California and Florida politics. -
Cary O'Reilly
is Editor at Large at Bloomberg First Word and is Washington Daybook columnist for Bloomberg Government and Bloomberg News.
