Sequestration I & II – Challenging Times, Renewed Focus
By Jesse Bonfeld on Monday, November 24th, 2014
Since 1984, EWI has been successful in meeting the manufacturing innovation needs of clients in both the private and public sectors. Our public sector business continues to include clients on both the federal and state levels, with federal segment business providing opportunities across many different agencies.
With a second round of sequestration imminent, federal funding is now available, and competition for remaining funds continues to increase. There are already signs of the impact of these cuts; with unemployment rates amongst defense contractors in the greater DC area beginning to rise, and warnings additional workforce reductions may occur over the next several years.
Despite these factors, EWI continues to see an upward trend in many leading indicators related to our work with the Federal Government. Much of this can be attributed to a renewed focus on aligning our strategic objectives and technology investments with the technology and innovation interests of federal client agencies:
- In the area of additive manufacturing (AM, a.k.a. 3-D printing), we continue to invest in research and personnel to expand the industry’s knowledge base and solve the pressing issues faced by our clients as they move to adopt this new technology.
- We are expanding our non-destructive evaluation and inspection capabilities to support our activities in AM. This expansion will also address challenges related to the adoption of new materials for existing applications, and the proliferation of multi-materials for cutting-edge technologies.
- AcoustechTM ultrasonic machining technology – developed at EWI – was one of the most popular technologies displayed at the recent IMTS show in Chicago, and interest continues to grow for this time- and money-saving solution.
- At our new facility in Buffalo, New York, we are expanding our capabilities in factory automation and materials to match the needs of the local manufacturing base, which will benefit companies and public sector clients in NY and across the country.
Sequestration is a reality. It has forced smart companies to refocus and refine their value propositions, and expand their technology offerings. We look forward to continued successes in developing innovative technologies over the next several years with our public sector clients.
One last note – Please stop by to visit us in the EWI booth (#401) at the annual Defense Manufacturing Conference (DMC) in San Antonio, December 1-4. We will be showcasing many of the technologies mentioned above, as well as new programs to add further value to working with EWI. In addition, if you’d like to set up an appointment to meet with me or any of my EWI Associates attending the conference, please contact me today.