Author: growthadmin

May 2022– growth[period] is proud to announce that we have been selected as a 2022 Best Place to Work in Greater Washington in the small business category by the Washington Business Journal. This is the sixth time that growth[period] has placed on the Best Places to Work List.

Every year the Washington Business Journal honors 85 companies as the ‘Best Places to Work’ in the D.C. area. Winners received this distinction by scoring the highest among hundreds of employers that participated in an annual employee engagement survey. growth[period] ranked 5th out of 20 companies awarded in the small business category. Honorees are featured in the May 13 issue of the Washington Business Journal. Find the complete list of companies here.

May 2022– growth[period] is excited to announce that CEO Courtney Spaeth, Senior Partner Lyn Sherlock, and Senior Director Thomas Shane have been featured in Washington Business Journal’s People on the Move in Washington DC. Courtney B. Spaeth is marking 15 years as the CEO and founder of growth[period], during which time she has successfully guided the company through the acquisition of Potomac Recruiting, the raising of growth capital, and the development of growth[period]’s mergers and acquisition support vertical. You can view Courtney’s recognition here.

Brigadier General (USAF ret.) Lyn Sherlock is celebrating 10 years as the Senior Partner for growth[period]’s Federal, Aerospace & Defense practice, during which she has overseen and actively led client accounts and delivered innovative and results-oriented solutions. You can view Lyn’s recognition here.

Thomas Shane is a Senior Director with growth[period] where he supports commercial and federal clients across growth[period]’s five verticals. You can view his recognition here. growth[period] is proud to have these highly skilled achievers on the team!

DJI Phantom-1 sUAS

The Federal Aviation Administration (FAA) is looking to overhaul laws pertaining to the use of small unmanned aerial systems (sUAS), classified as aircraft weighing less than 55 pounds, within the next year. The released Notice of Proposed Rulemaking (NPRM) stipulates measures relating to the operation of non-recreational sUAS in terms of height restrictions, aircraft registration, daytime flight restrictions, operator certification, and line of sight restrictions. The NPRM first step in what is likely to be a yearlong process before enforcement of new regulations begins. The White House Office of Information and Regulatory Affairs, within the Office of Management and Budget (OBM), is conducting a ninety day review of the sUAS NPRM (Colborn, 2015). The OMB has indicated both the FAA and sUAS community lack adequate safety data.

 

The sUAS which crashed in White House grounds in early February was a contributing factor in the recent push for UAS reform. The current legal restriction on US operated sUAS has enabled foreign companies to gain an advantage in the commercial UAS market:

“Sky-Futures, a British company that dominates the use of drones to collect and analyze inspection data for oil and gas companies, says its business soared 700 percent last year as the normally conservative energy industry embraced the new technology. Co-founder and operations director Chris Blackford said the company is coupling drones with software and a better understanding of what works in the field, giving Sky-Futures ‘a head-start over the U.S because we understand pretty intimately the problems facing the oil and gas market, and how we can solve them with technology.’ Looser regulations outside the U.S. have created pockets of innovation attracting ideas, money and momentum, says Patrick Thevoz, co-founder and CEO of Swiss-based Flyability” – Jeremy Wagstaff, 2015

The international commercial UAS market is valued at $100 billion over the next decade, due to increased UAS applications in the forestry, oil and gas, law enforcement, and agricultural industries.  Though military purchases are still dominant, though commercial unmanned aerial vehicle (UAV) spending currently accounts for roughly 12% of the global UAV market and is expected to rise to approximately $82.1 billion between 2015 and 2025 (Ballve, 2014).  The FAA has estimated that, if regulations are changed, 7,500 commercial sUAVs could be flying in the US before the end of the decade.

In the global military UAV market, US firms have been losing their market share in recent years to Israeli, European, and Chinese firms due, to strict export controls.  To help combat this, the Department of State recently announced it will expedite its review process of foreign military sales with respect to 300 km range 500 kg payload class UAVs—otherwise known as Medium-Altitude Long-Endurance (MALE) UAVs. 

General Atomics MQ-9 “Reaper”

Under the 1987 Missile Technology Control Regime (which affects the sale of UAVs), the United States has historically sold few optionally armed UAVs, even among close allies. For example, MQ-9 “Reaper” sales have been limited to the UK, France, Italy, the Netherlands, and recently Spain. With the rise of the Islamic State of Iraq and the Levant, many Gulf allies are requesting additional American arms exports, such as the “Predator” XP. The Department of State has insisted the expedited review process will still adhere to the Missile Technology Control Regime guidelines. Under the foreign military sales program, any potential American UAV customers must:

1. Act in accordance of international law, including humanitarian provisions
2. Use armed UAVs only under a lawful basis e.g. self defense
3. The nation will abstain from using UAVs for domestic surveillance purposes
4. UAVs will employ procedures to limit collateral damage

Peter Lichtenbaum and Rachel Stohl argue the new aforementioned restrictions will lead to greater difficulties in exporting American MALE UAVs, despite the Department of State pledge to keep its review process to one year or less. If the US Government continues to inhibit the export of optionally armed American UAVs or similar products, states combating terrorism will find alternate suppliers. For example, the US Government recently barred the sale of additional Cobra helicopter gunships to Nigeria amid human rights concerns; Nigeria subsequently acquired Chinese CH-3 UAVs which it has deployed against Boko Haram militants.

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Sources

1. Small Unmanned Aerial Systems: What Will the FAA Do? , Mark Colborn , 2015.
   http://www.aviationtoday.com/the-checklist/Small-Unmanned-Aerial-Systems-What-Will-the-FAA-Do&thinsp_84243.html
2. Drone policy improving — but we have a ways to go,
   http://m.bizjournals.com/washington/blog/fedbiz_daily/2015/02/drone-policy-improving-but-we-have-a-ways-to-go.html?ana=e_wash_fedbiz&s=newsletter&ed=2015-02-26&u=P7IjntEqPC33GGhyR+ixPA0c3d4c12&t=1424990006&r=full
3. Game of drones: As U.S. dithers, rivals get a head start, Jeremy Wagstaff, 2015. 
   http://www.reuters.com/article/2015/03/08/us-tech-drones-idUSKBN0M40VM20150308
4. Obama To Sell Armed Drones To More Countries, Patrick Tucker Marcus Weisgerber, 2015. 
   http://www.defenseone.com/technology/2015/02/obama-sell-armed-drones-more-countries/105495/
5. What Obama’s Drone Export Policy Really Means, Peter Lichtenbaum and Rachel Stohl, 2015. 
   http://breakingdefense.com/2015/02/what-obamas-drone-export-policy-really-means 
6. Obama administration to allow sales of armed drones to allies, Missy Ryan , 2015.
   http://www.washingtonpost.com/world/national-security/us-cracks-open-door-to-the-export-of-armed-drones-to-allied-nations/2015/02/17/c5595988-b6b2-11e4-9423-f3d0a1ec335c_story.html 
7. Rep. Hunter to Obama: Send Jordan the Predator XP, Joe Gould , 2015.
   http://www.defensenews.com/story/defense/policy-budget/congress/2015/02/05/hunter-to-obama-send-jordan-the-predator-xp/22934783/ 
8. TECH More: Mobile Internet of Things Drones BI Intelligence COMMERCIAL DRONES: Assessing The Potential For A New Drone-Powered Economy, Marcelo Ballve, 2015. 
   http://www.businessinsider.com/the-market-for-commercial-drones-2014-2