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Stay ahead in the dynamic world of government contracting with our roundup of the top five must-know updates from this week.
- CMMC Program Officially and Final Rule Effective December 2024: The Cybersecurity Maturity Model Certification (CMMC) program has reached a significant milestone with its final rule set to take effect in December 2024. This program aims to enhance the cybersecurity posture of companies in the defense industrial base by requiring them to meet specific cybersecurity standards. Contractors should start preparing now to ensure compliance and avoid disruptions in their contracts.
- Elon Musk Targets Government Waste, Defense in the Crosshairs: Elon Musk has announced an ambitious initiative to identify and eliminate trillions of dollars in government waste, with a particular focus on defense spending. This move could lead to significant changes in how defense contracts are awarded and managed, potentially impacting many contractors in the industry.
- Pentagon Fails 7th Audit in a Row, Aims to Pass by 2028: For the seventh consecutive year, the Pentagon has failed its financial audit. Despite this, there is a renewed commitment to improving financial management practices, with a goal to pass the audit by 2028. This ongoing issue highlights the challenges in managing the vast and complex budget of the Department of Defense.
- Trump Taps Hegseth to Head DOD: Former President Donald Trump has nominated Pete Hegseth, a veteran and Fox News host, to lead the Department of Defense. Hegseth’s appointment is expected to bring a new perspective to the department, given his background in media and military service. This nomination will likely influence defense policies and priorities moving forward.
- DoD Outlines Private 5G Network Strategy: The Department of Defense has unveiled its strategy for deploying private 5G networks to support military operations. This initiative aims to enhance communication capabilities, improve security, and support advanced technologies on the battlefield. Contractors involved in telecommunications and defense technology should pay close attention to this development as it opens new opportunities for collaboration and innovation.
Stay tuned for next week’s edition of “Top 5 Things to Know in GovCon this Week” for more insights and updates from RSM on the ever-changing government contracting industry!
For government contractors seeking to enhance their ERP capabilities and align with the DoD’s new requirements, RSM US LLP’s Government Contracting for Microsoft Team offers specialized services in ERP system integration, customization, and compliance.
As Microsoft continues to innovate and expand its offerings, government contractors can benefit from leveraging Dynamics 365 and the secure cloud services of GCC High to optimize their operations and ensure compliance with federal regulations.
Our team of experts can help contractors navigate the complexities of implementing Microsoft Dynamics.
Contact our team now:
For information on D365 Business Applications – Jonathan.Reynolds@rsmus.com
For information on GCC High licensing – Thomas.Turner@rsmus.com
For information on CMMC/GovCon services – Charles.BarleyJr@rsmus.com
Susanna Hoffpauer
Susanna Hoffpauer is a dedicated member of RSM's GovCon team, specializing in the implementation and sale of RSM's tailored government contracting services. With a focus on Dynamics 365 Finance & Operations (D365 F&O), Susanna brings a wealth of expertise in streamlining financial and operational processes for government contractors. In today's rapidly evolving regulatory landscape, Susanna ensures clients remain compliant with critical standards, including the Cybersecurity Maturity Model Certification (CMMC). Her commitment to excellence and deep understanding of compliance requirements makes her a trusted advisor in the government contracting space.
