While Hawaii's tourism industry was hit hard during the pandemic, the state's second largest sector of the economy is going strong. Now some want even more effort to draw in defense spending
Hawaii Defense Economy
The State of Hawai‘i’s Department of Business, Economic Development and Tourism (DBEDT) has released its Hawaii Defense Economy (HDE) Strengths-Weaknesses-Opportunities-Threats (SWOT) Analysis Report and Action Plan, which identifies the strengths, weaknesses, opportunities and threats to Hawai‘i’s defense sector, as well as proposes strategic initiatives to expand opportunities for more local businesses and contractors to engage in, and benefit from military contract spending.
The Defense Pricing and Contracting Office has issued several memorandums and class deviations in response to COVID-19. The CARES act Section 3610 specifically addresses issues related to Department of Defense contracting and the flexibility of Contracting Officers during the response to the pandemic. You may view the applicability of Section 3610 here: https://www.acq.osd.mil/dpap/policy/policyvault/Class_Deviation_2020-O0013.pdf. You may ...
Read More COVID-19 Guidance for DoD contractors