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With $48.666 billion in business with the U.S. federal government, Lockheed Martin, based in Bethesda, Maryland, is the largest U.S. federal government contractor. The Top 100 Contractors Report (TCR 100) is a list developed annually by the General Services Administration as part of its tracking of U.S. federal government procurement.
Project 2025 was established in 2022 with Paul Dans as director to provide the 2024 Republican presidential nominee with a personnel database and ideological framework. [ 62 ] [ 40 ] According to the Johnson Amendment , 501c3 organizations like Heritage cannot explicitly promote a particular election candidate. [ 63 ]
The Fiscal Responsibility Act of 2023, passed in June 2023, resolved that year's debt-ceiling crisis and set spending caps for FY2024 and FY2025. The act called for $895 billion in defense spending and $711 billion in non-defense discretionary spending for fiscal year 2025, representing a 1% increase over fiscal year 2024. [10]
The Department of Defense announces contracts valued at $7 million or more each business day at 5 pm. [2] All defense contractors maintain CAGE (Commercial and Government Entity) Codes and are profiled in the System for Award Management (SAM). [3]
Private parties entering into a contract with one another (i.e., commercial contracts) have more freedom to establish a broad range of contract terms by mutual consent compared to a private party entering into a contract with the Federal Government. Each private party represents its own interests and can obligate itself in any lawful manner.
The contract was awarded in November 2015 to Go-Ahead Singapore. [13] The 29 bus routes are based at the new Loyang Bus Depot [14] which was completed in June 2015 and is able to accommodate about 505 buses. In August 2020, Go-Ahead Singapore received a two-year contract extension to continue operating the bus package until September 2023. [15]
The following is a list of events of the year 2025 in the United States, as well as predicted and scheduled events that have not yet occurred. The start of the year has been dominated by the January 2025 Southern California wildfires , which have devastated Greater Los Angeles .
The 119th United States Congress began at 12 p.m. EST on January 3, 2025, following the adjournment of the 118th Congress. [8] Leading up to an election to elect the speaker of the House, incumbent representative Mike Johnson of Louisiana's bid appeared uncertain amid opposition from the Freedom Caucus despite an endorsement from Trump. [9]
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