Mclean, VA – Mark Drever, President & CEO of Xcelerate Solutions, was quoted in an April 7, 2013 POLITICO article by Leigh Munsil. The article, titled “Small Defense Contractors Bearing Brunt of Cuts,” discusses sequestration and the possible effects on small defense contractors. Xcelerate Solutions has 120 employees and is currently providing business acceleration services to more than 14 organizations within the DoD, Federal Civilian, and Intelligence communities. Headquartered in McLean, VA, Xcelerate Solutions has a strong local market focus and, with a large amount of defense work, has the potential to be impacted by sequestration.
In the POLITICO article, Mr. Drever is quoted as saying, “The fact of the matter is, the United States Government still has the largest addressable market in the world.” Drever goes on to say, “even with a 10 percent reduction, while we’re going to have to tighten our belts, the firms that have the true capability to perform and perform well, I believe, will rise to the occasion — they’re the ones that will make it.”
The article refers to the $46 billion in across-the-board spending cuts that may affect defense contractors. Although Xcelerate has not experienced direct hits as a result of sequestration, they do have clients and partners who may be impacted. Xcelerate has been proactive in preparing to continue to meet client needs while dealing with these possible cuts as a result of sequestration.