Q2 2015 Government Contractor Market Update
May 1, 2015 - By: Matt Roberson
SC&H Capital is pleased to announce the release of the Q2 2015 Government Contractor Market Update.
It seems that finally the sky is no longer falling on government contractors. With sequestration in the rearview mirror and the Department of Defense moving away from the LPTA contracting environment, we are seeing the government contracting arena potentially moving into an era of more consistency. However, the question remains whether this new consistency is a good thing for contractors.
New reports show that defense spending dropped nearly 8 percent in 2014. However, many critical civilian agencies increased their budgets – reinforcing how heightened wartime spending could truly be behind us.