Friday, October 8, 2010

Contracting market set to shrink in fiscal 2011 (10/7/10) -- GovExec.com

Contracting market set to shrink in fiscal 2011 (10/7/10) -- GovExec.com: "Overall, FedSources expects an increase in the cybersecurity, health information technology and energy markets, with a declining emphasis on major weapons, aircrafts and NASA space programs. INPUT also is forecasting an uptick in emerging technology approaches, such as cloud computing.
'Any expectations industry may have had regarding a shift in focus to social programs under the Obama administration have not yet materialized in major contract opportunities,' INPUT wrote.
INPUT, recently purchased by Deltek, examined the top 20 upcoming contract opportunities in fiscal 2011, accounting for about $140 billion -- a nearly $40 billion decrease from fiscal 2010. Most of the major acquisitions are at Defense, because civilian agencies already awarded many high-value contracts last fiscal year, the group said."

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