Streamed Virtually with Interactive Q&A
Streamed Virtually with Interactive Q&A
"Thoughts on Defense" - Guest Speaker Jim McAleese
Mr. Jim McAleese - Speaker - Analysis of China threat resourcing, U.S. Defense firms, and the current business environment.
5/10/2021 Bloomberg Politics, Anthony Capaccio - Bloomberg
Title: Pentagon Maintains Covid Plan to Speed Cash to Contractors
Topic: “Most defense contractors crushed their pre-Covid-19 cash flow guidance” in the first quarter, said Virginia-based analyst James McAleese. That’s because of a combination of the higher Defense Department progress payments, payroll-tax deferral under the $2.2 trillion Cares Act, internal company cost-cutting and increased use by the military services of contracting practices that allowed for faster billings, he said.
The new $1.9 trillion American Rescue Plan Act also allows some contractors to defer planned 2021-2023 pension contributions, “directly-increasing 2021-2023 cash flow,” McAleese added.
4/21/2021 Defense News, Joe Gould
Title: US Troops, dollars exiting Afghanistan could fight terror, top commander tells Congress
Topic: Though there’s a range of estimates, HASC Chairman Adam Smith, D-Wash., said there were 3,500 U.S. troops in Afghanistan and that the U.S. presence cost $14 billion last year. A separate analysis from defense consultant Jim McAleese instead sees $21 billion dedicated to “direct-combat-requirements,” in various accounts that could, after the U.S. pullout, be used for “under-resourced missions.”
4/21/2021 GovCon Wire, Mary-Louise Hoffman
Title: McAleese Report Highlights US Military Drawdown in Afghanistan
Topic: McAleese & Associates produced a report on President Joe Biden’s announcement of a troop withdrawal process in Afghanistan that is scheduled to commence on May 1 and conclude on the 20th anniversary of the Sept. 11 terror attacks.
Jim McAleese, founder of McAleese & Associates and three-time Wash100 winner, reported the U.S. will continue to support peace negotiations between the Afghan government and the Taliban amid full drawdown efforts.
4/15/2021 Washington Examiner - Daily on Defense, Jamie McIntyre
Title: As Biden heads for the exit in Afghanistan, GOP lawmakers mount last-ditch effort change his mind
Topic: It’s possible that Biden’s decision to pull the plug on the U.S. and NATO mission in Afghanistan could have an impact on next year’s defense budget. The administration is requesting $715 billion for the Pentagon, $753 billion if you count the money for nuclear weapons programs under the Department of Energy.
Ending direct military support to the Afghan government could free up as much as $21 billion of “additional trade-space,” according to calculations by budget expert James McAleese of McAleese & Associates.
4/15/2021 Politico - Morning Defense, Bryan Bender
Title: Biden Bucks the Brass on Afghanistan
Topic: What does a U.S. withdrawal mean for the defense budget? Consultant Jim McAleese did some back-of-the-envelope calculations to estimate the move could free up somewhere in the range of $21 billion next year that at least theoretically could be applied to other needs.
That’s the amount designated in this year’s budget for “direct-combat-requirements,” he points out, for operations and maintenance, military personnel, procurement, and research and development. “Consequently, this unexpected action could potentially provide up to an additional ~+$21B of topline DoD funding for currently under-resourced missions,” McAleese concludes.
Source Link: Biden bucks the brass on Afghanistan - POLITICO
4/14/2021 GovCon Wire, Mary-Louise Hoffman
Title: GovCon Expert McAleese Notes Agency Funding Levels in White House's 1.5T Fiscal 2022 Spending Proposal
Topic: A new McAleese & Associates report says the Biden administration proposed a $769 billion budget for non-defense domestic programs for fiscal year 2022, a 16 percent increase over enacted FY 2021 spending levels, plus $753 billion for the Department of Defense and national security programs, up 1.7 percent from current funding levels.
4/7/2021 GovCon Wire, Mary-Louise Hoffman
Title: GovCon Expert McAleese Outlines Key Takeaways From President Biden's 1st Cabinet Meeting
Topic: At his first Cabinet meeting, President Joe Biden named five department leaders to help the administration promote its $2.3 trillion investment plan to modernize infrastructure and create jobs nationwide, according to a new McAleese & Associates report.
3/31/2021 GovCon Wire, Mary-Louise Hoffman
Title: GovCon Expert McAleese Reports Biden Administration's Infrastructure Plan, Army's Capability Modernization Priorities
Topic: A new McAleese & Associates report highlights a new initiative by the Biden administration to rebuild national physical and technological assets and provides an overview of the U.S. Army’s strategy to transform capabilities for a multidomain force.
3/24/2021 GovCon Wire, Mary-Louise Hoffman
Title: GovCon Expert McAleese Highlights First US-China Meeting Under Biden Administration, Afghanistan Drawdown
Topic: A new McAleese & Associates report rules-based international order, military activity, trade and cybersecurity were touched on by Secretary of State Antony Blinken (2021 Wash100 awardee) and White House National Security Adviser Jake Sullivan during high-level talks in Anchorage, Alaska, with their Chinese counterparts.
3/17/2021 GovCon Wire, Mary-Louise Hoffman
Title: GovCon Expert Jim McAleese Notes 'Quad' Alliance Goals to Address Urgent Global Challenges
Topic: A new McAleese & Associates report says COVID-19 response, maritime security, climate change and “technology protection” were the fundamental issues highlighted at a virtual meeting among four heads of state representing a group of countries known as the Quad — U.S., Australia, Japan and India.
3/10/2021 Defense News, Aaron Mehta & Valerie Insinna
Title: Chaos, cash and COVID-19: How the defense industry survived - and thrived - during the pandemic
Topic: "The major contractors are "swimming in excess cash" thanks to a mix of governmetn efforst, including increased progress payments and payroll tax deferrals under the CARES Act, added analyst Jim McAleese."
3/10/2021 GovCon Wire, Mary-Louise Hoffman
Title: GovCon Wire Expert Jim McAleese Overviews Defense Primes Q4 Results
Topic: A new McAleese & Associates report noted the fourth quarter 2020 financial performance of large prime defense contractors Boeing (NYSE: BA), General Dynamics (NYSE: GD), Huntington Ingalls Industries (NYSE: HII), Lockheed Martin (NYSE: LMT). Northrop Grumman (NYSE: NOC) and Raytheon Technologies (NYSE: RTX).
3/2/2021 GovCon Wire, Mary-Louise Hoffman
Title: GovCon Expert Jim McAleese: Defense Leaders Share Insights on Aerospace Warfare Landscape
Topic: A McAleese report outlining key takeaways from the Air Force Association's five-day Aerospace Warfare Symposium, where U.S. military leaders shared their insights into various topics such as nuclear deterrence, air superiority and domain awareness.
2/26/2021 GovCon Wire, Mary-Louise Hoffman
Title: GovCon Expert Jim McAleese Notes L3Harris CEO Transition, Growth Drivers for 2021
Topic: A McAleese report about L3Harris Technologies‘ (NYSE: LHX) financial results for both the fourth quarter and full 2020 fiscal year, L3Harris CEO Transition.