Cost-saving SpaceX launch model will survive accident

2016 ◽  
Keyword(s):  
Cost Saving ◽  
Private Sector ◽  
Technological Innovations ◽  
Content Type ◽  
John Mccain ◽  
Space Launch ◽  
The Us ◽  
Procurement Reform ◽  
Defence Procurement ◽  
Launching Site

Significance The September 1 blast at the Cape Canaveral launching site is a setback for Musk's goal of breaking open the market for government and private sector space launch contracts. SpaceX has attempted to demonstrate that it can compete with established launch companies, which are backed by US aerospace giants Lockheed Martin and Boeing. SpaceX's entrepreneurial methods have suggested significant disruption to the global launching business. Impacts Defence procurement reform would boost the US military's capacity to leverage private sector technological innovations. Efforts to reduce US dependence on Russian-manufactured rockets may lose steam if hawkish Senator John McCain is not re-elected. Washington's deployment of THAAD missile defence systems to South Korea will spur Beijing's efforts to develop anti-satellite capabilities.

Trump protectionism looms over India-US defence deals

2017 ◽  
Keyword(s):  
Private Sector ◽  
Foreign Firms ◽  
Leadership Change ◽  
Content Type ◽  
Production Contracts ◽  
The Us ◽  
Defence Policy ◽  
Defence Procurement ◽  
The Many ◽  
Private Sector Involvement

Subject Outlook for the US-India defence procurement relationship. Significance US President Donald Trump’s stated goal of disrupting offshore supply chains of US firms casts doubt over deals such as Lockheed Martin’s bid to manufacture 100 fighter jets in India. This compounds the many challenges India already faces in getting foreign defence contractors to invest and manufacture locally. Impacts This week’s leadership change at the defence ministry is unlikely to alter India’s defence policy. Modi will continue to encourage Indian private sector involvement in co-production contracts with foreign firms. Should Trump adopt a hard line on protectionism, suppliers open to co-production will gain a further edge in India.

Comparing US public university and US private sector project costs

2019 ◽  
Vol 17 (2) ◽  
pp. 220-234
Author(s):  
Kelly Strong ◽  
Scott Glick ◽  
Gazala Syhail
Keyword(s):  
Public Sector ◽  
Private Sector ◽  
Public University ◽  
Small Sample ◽  
Cost Data ◽  
Future Research ◽  
Content Type ◽  
Starting Point ◽  
Project Costs ◽  
The Us

Purpose This study aims to focus on the factors influencing project cost at US public universities and compares them to similar projects in the US private sector. It also presents an analysis of the potential reasons for the difference or similarities in the two sectors. Design/methodology/approach This study utilized an exploratory, comparative case study methodology performed on a small sample of public university projects and two sources of private sector cost data. Findings The results infer that most of the US public projects have comparable costs to that of their US private sector counterparts. The cost data from the university projects were further examined to explore if there were any possible relationships between the types of delivery methods used, sustainability certifications achieved and two project performance indexes – cost and duration. Research limitations/implications A more thorough analysis with a larger dataset is required to make generalizable conclusions. However, the process used in this study does provide a good overview of how facility managers could organize their own cost comparison study to evaluate their project expenditures. Practical implications This research provides a starting point for future research into the topic of US public sector project costs when compared to US private sector counterparts and the impact of delivery system and sustainability on cost of US public sector projects. Originality/value Research on this topic is scant; as such, this paper provides a starting point for future research and offers insights into the potential impacts of project delivery method and choice of following a sustainability certification option.

Russia will deny cyberattacks despite more US evidence

2018 ◽  
Keyword(s):  
Social Media ◽  
Private Sector ◽  
Computer Systems ◽  
Cyber Attacks ◽  
Internet Research ◽  
Content Type ◽  
The Us

Significance The US indictment accuses the St Petersburg-based Internet Research Agency, its backers and staff of interfering in the election by running false social media accounts. This account of Russian trolling comes soon after US and UK accusations of Kremlin responsibility for a June 2017 cyberattack that disrupted computer systems in Ukraine and elsewhere. Impacts Private sector firms will play a growing role in attributing state-sponsored cyber attacks. Governments will become increasingly reliant on private sector capabilities, whose distance can save them diplomatic embarrassment. 'Exploits' made public could be used in hostile cyber operations.

Iran nuclear deal uncertainty may deter EU investors

2017 ◽  
Keyword(s):  
Private Sector ◽  
National Interest ◽  
Policy Coordination ◽  
Large Firms ◽  
Donald Trump ◽  
Content Type ◽  
Comprehensive Plan ◽  
Doing Business ◽  
The Us

Significance US President Donald Trump declined to certify on October 13 that continued sanctions relief for Iran under the Joint Comprehensive Plan of Action (JCPOA) is in the US national interest. Reintroducing nuclear-related sanctions targeting third-country companies doing business with Iran -- ‘secondary sanctions’ -- could have a significant impact on European investments in Iran. Impacts With financing a requirement for business engagement, banks’ hesitation to engage with Iran will curb European investments. Transatlantic sanctions policy coordination is likely to deteriorate further, with the private sector caught in the crossfire. High-value hydrocarbons and aircraft contracts may make investing in Iran worth the risk for large firms, but other sectors may not follow.

Turkey’s Syrian goals will deepen the US breach

2018 ◽  
Keyword(s):  
New York ◽  
Full Recovery ◽  
Content Type ◽  
Bilateral Relations ◽  
The Us ◽  
Defence Procurement ◽  
Far Eastern ◽  
The Eu

Significance Erdogan’s New York meetings will include discussions of the troubled US-Turkish relationship. When a jailed US pastor returns to court in October on espionage charges, Turkey could step back and perhaps take some heat out of bilateral relations by releasing him. However, the chance of a full recovery in relations seems to have passed. Impacts Turkey will further diversify defence procurement outside NATO. Better relations with Germany and the EU will counterbalance worsening US ties. Tourism will recover, switching to Russian and Far Eastern visitors.

Contested Syrian oil will have limited economic impact

2019 ◽  
Keyword(s):  
Exchange Rate ◽  
Private Sector ◽  
Economic Impact ◽  
Economic Benefits ◽  
Oil Fields ◽  
Content Type ◽  
Financial Position ◽  
The Us ◽  
The Exchange Rate

Significance This depreciation reflects the underlying weakness of the government’s financial position. Political and territorial advances in favour of President Bashar al-Assad -- most recently, the deployment of government forces along the Turkish border to the east of the river Euphrates -- have not yielded clear economic benefits. Impacts Sustained political and economic turbulence in Lebanon could further reduce the supply of US currency for the Syrian market. The US presence will complicate the government's reassertion of control over oil fields, but Russia could help resolve this problem. Pressure on business to support the exchange rate, with the threat of 'anti-corruption' investigations, could sap private sector confidence. US sanctions and crises in Lebanon and Iraq will reduce Iran’s ability to contribute to the Syrian economy.

Zambian debt crisis could become entrenched

2018 ◽  
Keyword(s):  
Private Sector ◽  
Debt Crisis ◽  
National Development ◽  
Content Type ◽  
Investor Confidence ◽  
Debt Burden ◽  
The Us ◽  
Us Dollar

Subject Zambian debt crisis. Significance Debt and corruption concerns have resulted in plummeting investor confidence and escalating domestic and international criticism of President Edgar Lungu's Patriotic Front (PF) government. In turn, the PF has accused the opposition United Party of National Development (UPND) of inciting riots. Impacts Increased mining taxes could see investment, productivity and revenue decline, further undermining budget targets. The kwacha could slide further against the US dollar, exacerbating Zambia’s debt burden. Government arrears with private sector contractors could increasingly go unpaid, while costs for importers may also increase.

US Indo-Pacific strategy will be slow starter

2018 ◽  
Keyword(s):  
Indian Ocean ◽  
Private Sector ◽  
West Coast ◽  
Content Type ◽  
White House ◽  
The Us ◽  
The Indian Ocean ◽  
Us West ◽  
Pacific Community

Significance The trip was part of an effort to advance US President Donald Trump's idea of an Indo-Pacific community stretching from the US west coast to the Indian Ocean, as Pompeo said. With US Defence Secretary James Mattis, Pompeo also co-hosted a meeting with Australian counterparts on July 23-24, and he announced a 113-million-dollar "down payment" of new economic initiatives with the Indo-Pacific on July 30. These activities were intended to reassure Washington's Asian partners of continuing US engagement in Asia. Impacts The 'partner countries' may be selected relative to US private sector sentiment. India is likely to be the most immediate beneficiary of the new Indo-Pacific strategy. Advancing the Indo-Pacific strategy may rely on trade balances reaching a level the White House feels is fair.

Climate talks highlight shortcomings in global efforts

2021 ◽  
Keyword(s):  
Natural Gas ◽  
Private Sector ◽  
Fossil Fuel ◽  
Paris Agreement ◽  
Content Type ◽  
Net Zero ◽  
The Us ◽  
Climate Action ◽  
Trump Administration ◽  
Credibility Gap

Significance Washington has re-joined the Paris agreement and announced new climate commitments, but still faces a credibility gap. It must demonstrate by November’s COP26 summit, how it can meet its new goals. Impacts Private sector companies will face increasing pressure to set net-zero targets. The use of natural gas as a transition fossil fuel will face greater scrutiny as pressure for drastic climate action increases. Fossil fuel subsidy reform is likely to return to G20 priorities after having been neglected during the US Trump administration.

Multilateralism risks will rise amid World Bank change

2019 ◽  
Keyword(s):  
Climate Change ◽  
United States ◽  
Renewable Energy ◽  
Private Sector ◽  
World Bank ◽  
The United States ◽  
Short Term ◽  
Content Type ◽  
Global Issues ◽  
The Us

Significance Kim's departure creates unforeseen turbulence at the institution, whose corporate commitments around climate change, gender and renewable energy are anathema to the current US administration. Impacts If the US nominee is an ideological conservative, World Bank relations with either the United States or other shareholders will be damaged. Short-term impacts on Bank operations will be minimal. Kim’s belief that he can affect “global issues” more in the private sector emphasises the importance of the Bank reviving its global role.

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