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Latest Federal & Government Contracting Companies' News Coverage
Technavio has forecasted that global defense information technology spending will reach $108.4 billion by 2020 as continued demand for IT and technology offerings in the defense industry drive the need for technological support services. The company said Friday the market will see a compound annual growth rate of at least three percent over the forecast period. IT investments will work […] More
A new report by International Data Corp. projects Defense Department spending on information technology to grow at a 0.5-percent compound annual growth rate from fiscal year 2014 to fiscal year 2019. The company said Tuesday its latest IDC Government Insights report indicates that the forecasted 1.6-percent increase in defense IT spending from $29.9 billion in fiscal 2015 to $30.5 billion […] More
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