Govcon Giants

Today's discussion hits home for entrepreneurs and small business owners navigating this volatile economy. While large corporations like Microsoft or JPMorgan are setting market highs, small caps remain stuck in correction—mirroring the reality for Main Street. The biggest threat? Monetary policy, not fiscal policy. With interest rates still 125 basis points above equilibrium, small businesses—who rely on bank lending, not Wall Street debt—are being crushed by rising borrowing costs. Until the Fed loosens, many are fighting for survival, managing shrinking cash flows, and tightening credit. The question now: can they hold on long enough for rates to finally drop? Key Takeaways: High rates are killing small businesses. Unlike large firms, small companies can't issue debt—they depend on lenders, and current rates are unsustainable. Fed delay = real pain. Despite inflation cooling, the Fed's slow action threatens to starve small businesses before relief arrives. Recession resilience matters. With growth slowing and credit tightening, cash flow management—not expansion—is the key to surviving 2025's economic squeeze. Know more about the Bootcamp: https://govcongiants.org/bootcamp Learn more: https://federalhelpcenter.com/ https://govcongiants.org/ 

Today we dig into the hard truths of small-business innovation in defense: most startups won't sell end items—they'll be 1st– or 2nd-tier subs whose tech is embedded in a prime's system. We unpack why founders fear losing IP to primes (and why we need better mechanisms than today's SBIR handoffs), where OCONUS opportunities really exist (think F-35 supply-chain niches and vetted foreign subsidiaries—limited but real), and why talent acquisition is make-or-break. Bottom line: protect your IP, read every teaming/NDA, know when aviation or cleared work changes your risk—and recruit serious S&E horsepower if you want to matter. Key Takeaways: IP first. Most small firms will be subs; use defensible NDAs/teaming terms and SBIR data-rights to avoid handing your crown jewels to primes. OCONUS is niche. Foreign buys happen (e.g., F-35 components), but protectionist policies mean smaller budgets and tougher entry—win with differentiated tech. Talent is strategy. Deep science & engineering capability (think Caltech/MIT-level rigor) remains the decisive edge for modernization programs. Know more about the Bootcamp: https://govcongiants.org/bootcamp Learn more: https://federalhelpcenter.com/ https://govcongiants.org/ 

In this episode, we take a deep dive into how executive power really works in the U.S. government — from executive orders and OMB oversight to how federal procurement priorities shift when a new president takes office. My guest, Dr. Andy Rudalevige, one of the nation's leading scholars on the presidency, breaks down how executive orders shape policy, how OMB quietly influences every dollar that gets spent, and why civil service stability matters more than ever. We explore the tension between presidential control and congressional authority, the ripple effects of personnel cuts across agencies, and what America can learn from European models of governance. Andy also reminds us why optimism for democracy still matters — because despite division at the top, most Americans still agree more than they realize. Key Takeaways: Executive orders aren't laws — they guide the executive branch but can't override Congress, though they profoundly shape how contracts and spending unfold. OMB (Office of Management and Budget) wields enormous influence, managing budgets, regulations, and procurement policy — the real "engine room" of federal power. Civil service expertise is eroding, risking continuity and competence, but public trust in democratic ideals remains a source of resilience for America's future. Join the Bootcamp: https://govcongiants.org/bootcamp  Learn more: https://govcongiants.org/

In this episode of The Daily Windup, we dive deep into America's fiscal reality check — and it's not pretty. Federal spending is now 53% higher than before the pandemic, with annual deficits exceeding $2 trillion. The interest alone on the national debt has reached $1 trillion, surpassing the Pentagon's entire budget and soon to overtake Medicare. My guest explains why both parties are trapped in a cycle of permanent tax cuts and permanent spending, creating what economists call a "structural deficit" — a fiscal hole that's now too big to close painlessly. We explore what happens if a recession hits while the government's already drowning in debt — and who's really going to pay the price when the cuts come. Key Takeaways: Federal spending is up 53% since before the pandemic, with deficits stuck near $2 trillion a year. Interest on the debt ($1 trillion) now costs more than the Pentagon and soon Medicare — a true structural deficit. Spending cuts will hit lower-income Americans hardest, while tax extensions and interest costs keep the system locked in debt. Know more about the Bootcamp: https://govcongiants.org/bootcamp Learn more: https://federalhelpcenter.com/ https://govcongiants.org/ 

In this episode of The Daily Windup, I sit down with Frank Kendall, former Secretary of the Air Force, to unpack one of the toughest challenges facing national defense today — the shrinking U.S. industrial base. Frank explains how, after two decades of decline, the U.S. no longer has the production capacity or lead times to meet urgent wartime demand. We've seen this shortage firsthand in the fight against ISIS and again during the Ukraine conflict, where the U.S. struggled to produce enough munitions fast enough. Frank shares how risk management, not "infinite budgets," must guide rebuilding efforts — and how small and mid-sized government contractors can align themselves with Air Force modernization goals through partnerships with futures and technology development commands. Key Takeaways: The U.S. defense industrial base has been shrinking for 20+ years, leaving critical capacity gaps in wartime. Building for "war-level demand" is financially impossible — smart risk-based investments are essential. Small and mid-sized contractors should connect with Air Force's Integrated Capabilities Command and Technology Development Office to align with future opportunities. Know more about the Bootcamp: https://govcongiants.org/bootcamp Learn more: https://federalhelpcenter.com/ https://govcongiants.org/ 

In today's episode of The Daily Windup, we break down what the latest Federal Reserve Beige Book is really saying — and why it's sending a chilling warning most investors are ignoring. According to the Fed's own field reports, economic activity has "declined slightly" across three-quarters of the U.S., with only a handful of districts showing modest growth. The tone of this Beige Book is weaker than December 2007 — the start of the Great Recession. Even the Fed's internal staff now estimates a 50% chance of recession, while the market continues to price in 0% risk. In short: the data is flashing red, but Wall Street's acting like it's business as usual. Key Takeaways: The Fed's Beige Book reveals that ¾ of the U.S. economy is stagnating or contracting in real time. The report's tone is weaker than the Beige Book from the start of the 2008 crisis. Even the Fed staff pegs recession odds at 50%, yet the market is still pricing in zero risk. Know more about the Bootcamp: https://govcongiants.org/bootcamp Learn more: https://federalhelpcenter.com/ https://govcongiants.org/ 

In this episode, I sit down with Frank Kendall and talk about one of the biggest traps in defense procurement — the endless search for "acquisition magic." Frank exposes why every few years, someone promises a revolutionary new system to fix everything — and why those reforms almost always fail. From $30 billion MRAP programs that saved lives but were later abandoned, to R&D overruns averaging 25%, he lays out a brutally honest framework for how the government should manage risk, cost, and speed the right way. Key Takeaways: There's no such thing as acquisition magic — sustainable improvement comes from training, data, and risk management. The MRAP program cost $30B but proved that taking calculated risk can save lives when done strategically. Defense R&D programs average 25% overruns — but smart leadership can bring that down to 10% without killing innovation. Join the Bootcamp: https://govcongiants.org/bootcamp  Learn more: https://federalhelpcenter.com/ https://govcongiants.org/ 

Today I sit down with insurance expert Wes to demystify the policies every government contractor needs but few truly understand. We cover why a General Liability (GL) policy typically includes attorney fees (if you notify the carrier before hiring your own lawyer), why a certificate ≠ the policy, how exclusions (like aviation work) can leave you exposed, and how audits can trigger surprise bills if you don't price insurance into bids. Real numbers, real stakes: a threatened $700,000 suit that settled for $5,000 (I paid a $2,000 deductible), a $240,000 aircraft damage claim denied under standard GL, audits demanding $15,000 after higher-than-estimated revenue, and cyber "social engineering" fraud that many policies only cover (often up to $250,000) if you phone-verify wire changes. We also hit W-2 vs. 1099 pitfalls, multi-state workers' comp, and why many policies run 400+ pages—so get a second opinion before you sign or bid. Key Takeaways: Notify your carrier first. GL often supplies the attorney and covers fees; hiring your own lawyer first can void coverage. Match policy to scope. Aviation work needs aviation liability; add states for workers' comp; price insurance into bids to avoid audit shocks. Harden the basics. Have your agent review contracts + operations + full policies (not the certificate); add cyber/EPLI and follow phone-verification for wires. Learn more: https://govcongiants.org/ Linkedin: https://www.linkedin.com/in/wes-edison/

In this episode of The Daily Windup, we dig into one of the biggest myths floating around right now — that the U.S. economy has somehow become recession-proof. Despite headlines saying everything's fine, the hard data tells a different story: real GDP has dropped in two of the last three months, growth has fallen from 3.2% to just 1.3%, and both soft and hard data are flashing warning signs. Yet, the market's still acting like the party never ends. We break down what the Fed's Beige Book reveals, why the numbers don't lie, and what every business owner and government contractor should be preparing for right now. Key Takeaways: GDP growth has fallen from 3.2% to 1.3%, showing the economy is slowing — not stabilizing. Soft data is finally morphing into hard data weakness, signaling a potential recession ahead. The Fed's Beige Book is a must-read for anyone tracking real economic health across sectors. Learn more: https://federalhelpcenter.com/ https://govcongiants.org/ 

In this episode, I talk with Frank Kendall, former Secretary of the Air Force, about how artificial intelligence is reshaping defense and government contracting at lightning speed. Frank explains why AI isn't just a buzzword—it's "software that works"—and why the government must learn to be a smart customer, not a slow gatekeeper. We also break down how large language models like ChatGPT are driving a second wave of transformation, creating both massive opportunities and serious risks around bias, human control, and infrastructure strain as electricity demand surges to power this revolution. Key Takeaways: The next wave of AI, powered by large language models, is redefining how defense and government contracting operate. $100s of billions in AI-related contracts are on the horizon, but speed without oversight risks bias and control issues. The Air Force's 700,000-person, $170B enterprise depends on adapting to AI faster than adversaries like China. Learn more: https://federalhelpcenter.com/ https://govcongiants.org/ 

In this episode, I dive into one of the most perplexing financial phenomena of 2025 — the S&P 500's explosive rally to new all-time highs. Despite no rate cuts, no fiscal stimulus, and no major breakthroughs, the market has surged more than expected — a "four sigma event" that's occurred only 0.4% of the time in the past 35 years. We break down how psychology, not fundamentals, is fueling this run — a blend of greed, fear, and herd mentality that could set the stage for a painful day of reckoning when reality hits. Key Takeaways: The S&P 500's rally is a four standard deviation event — statistically almost impossible. Markets are being driven by emotion, not fundamentals, as fear turns into unchecked greed. Without fiscal stimulus or Fed cuts, this could be a short-lived rally before a major correction. Learn more: https://federalhelpcenter.com/ https://govcongiants.org/ 

In this episode, I sit down with Frank Kendall, former Secretary of the Air Force and Undersecretary of Defense for Acquisition, Technology, and Logistics. Frank shares what's really happening behind the scenes of the newly announced $175 billion "Golden Dome" program—a reboot of Reagan's Strategic Defense Initiative that could balloon to $500 billion. We talk about what this means for government contracting, the risks of rushing massive programs, and his firsthand look at managing $170 billion budgets and 700,000 personnel in the Air and Space Force. Key Takeaways: The Golden Dome could open unprecedented government contract opportunities across defense and space sectors. Rushing a $175B program risks massive waste and inefficiency—potentially doubling its cost to $500B. The Air Force's 2050 vision focuses on AI, autonomy, and long-range power projection to counter China's military buildup. Learn more: https://federalhelpcenter.com/ https://govcongiants.org/ 

In this episode of Govcon Giants, I sit down with Lisa Shea Mundt, Co-Founder of The Pulse of GovCon, to unpack how artificial intelligence is transforming the federal marketplace — from the GSA's Grok AI rollout to the Pentagon's $200 million AI investments. With 14 years of experience and billions in proposal wins, Lisa shares a front-row view of how automation is reshaping the bid process — and what small businesses can do to stay competitive, human, and ahead. We dive into how contractors can future-proof their strategies, adapt to data-driven procurement, and leverage AI instead of fearing it. Key Takeaways: AI is changing the language of proposals — clarity, strategy, and storytelling matter more than ever. Federal buyers are evolving fast; small businesses must evolve their capture and BD processes to match. The future belongs to those who can pair tech literacy with human insight in every proposal and pitch. Learn more: https://govcongiants.org/  Lisa's Linkedin: https://www.linkedin.com/in/lisasheamundt/ Youtube: https://www.youtube.com/@thepulseofgovconvideos 

In this episode of The Daily Windup, I expose the hard truth about financing in government contracting—why banks lend only to those who don't need money and how the wrong SBA loan can trap you for years. We unpack a real story of a contractor who borrowed $800,000 under a 10-year SBA loan only to find it blocked her from getting new funding for awarded contracts. I also share how the SBA's EIDL loans differ, why subordination matters, and the top five things you need to know about Encore Funding—a company that truly understands the business of federal contractors. Key Takeaways: $800,000 SBA loans can backfire if you grow faster than your repayment schedule. EIDL loans can be subordinated—traditional SBA loans can't, and that can limit your funding. Encore Funding specializes in helping contractors with flexible working capital when banks won't.

In this episode of The Daily Windup, we explore how small businesses can leverage over 200 proven GovCon templates and AI-powered tools to win millions in government contracts—while also learning how shifting regulations and compliance costs are reshaping the financing landscape for contractors. I also share a real-world story of one entrepreneur who scaled her business over 15 years, exited successfully, and walked away with a major payday. Whether you're just starting or ready to scale, this conversation shows how preparation, partnership, and persistence turn contract confusion into generational wealth. Key Takeaways: Access to 200+ GovCon templates and AI tools can accelerate your path to winning contracts. New federal regulations often lead to higher lending costs that contractors must plan for. Building a solid 10-15-year track record can lead to a lucrative exit or business sale. Learn more: https://federalhelpcenter.com/ https://govcongiants.org/ 

In this episode of The Daily Windup, I break down how billions in government contracts go unclaimed every year—and how to make sure your business isn't part of that statistic. We walk through the pitch deck process, TRL levels, and the exact details you need to win over DoD evaluators. You'll also learn why following formatting instructions (yes, down to Times New Roman font) could mean the difference between getting funded or being instantly deleted. Federal contracting success isn't luck—it's precision, presentation, and professionalism. Key Takeaways: Every year, billions in government contracts are left on the table because small businesses don't follow simple instructions. Nail your pitch deck by focusing on validation, scalability, and cost savings (save $10M over 5 years, for example). Follow DoD formatting rules to the letter—one wrong file or missing item can get your email deleted instantly. Learn more: https://federalhelpcenter.com/ https://govcongiants.org/ 

In this episode of The Daily Windup, I dive into what separates struggling government contractors from the ones winning consistently—it's not luck, it's relationships. We uncover how transparency, community, and the right financial partners can make or break your business. I share why visibility matters (Encore's team hit 24 conferences nationwide), what questions to ask your lender, and why ignoring these red flags could cost you your next government contract. Ten minutes of pure insight, zero time wasted. Key Takeaways: Don't trust financial partners who dodge your questions—transparency is everything. The right community and visibility can open more government contract doors than cold calls ever will. Ask smarter: know your lender's background, cost of funds, and industry presence before signing anything. Learn more: https://federalhelpcenter.com/ https://govcongiants.org/ 

In this Govcon Giants episode, I sat down with Eric Raven, former Under Secretary of the Navy (2022–2024) and longtime defense budget insider, to uncover how a $260B department with nearly 900,000 people actually buys from tens of thousands of small businesses—and where the next wave of Government contracting dollars is headed. From small-business access through Gold Coast (Navy Gold Coast Conference) and buying commands like NAVAIR and NAVSEA, to workforce demands in the submarine industrial base, to the administration's ambitious "Golden Dome" missile-defense program, this episode is packed with insights you can act on now. Access & Wins: How to engage Navy buying commands (BSOs), why responding to RFIs/Sources Sought matters, and how to leverage events like Gold Coast. Scale & Policy: The shift toward "teeth > tail," OTAs, and commercial practices that scale pilots from a handful of units to 10,000+. Where the Money's Going: Submarine base supply chain (17k suppliers, 100k workers needed), the U.S. shipbuilding gap (0.1% vs. China's ~50%), and the $175B–$500B Golden Dome initiative. Learn more: https://govcongiants.org/ Erik's Linkedin: https://www.linkedin.com/in/erik-raven-7359a6324/ 

In this episode of The Daily Windup, we explore why project management skills—not just certifications—can make or break your success in business and government contracting. From PMP to Agile to Lean Six Sigma, today's guest explains how learning the language of project management changes the way veterans and small businesses enter the civilian market, build credibility, and drive profitability. Why PMP certification creates instant credibility for veterans and small businesses How Lean and Six Sigma directly improve customer satisfaction and profitability The belt system explained—white, yellow, green, black, and master black belt, karate style Learn more: https://govcongiants.org/ 

On this Daily Windup, Craig Cohen returns to break down one of the biggest landmines in government contracting finance: the "up to" trap. That line on your term sheet might sound generous, but it's designed to keep you jumping through hoops while banks nickel-and-dime you with endless hidden fees. Eric shares his airline analogy that makes the whole scam click instantly. The danger behind "up to" language in loan agreements How teaser rates + fees end up costing more than transparent pricing Why real lenders should give you one clear list of all charges Learn more: https://govcongiants.org/