Changes in Federal IT Spending Require Nimble Contracting
Federal agencies will continue to spend heavily on information technology over the next five years, but the pace and direction of spending will be complicated by shifting priorities, congressional constraints and a presidential election.
The bottom line is that the overall rate of IT spending will be above US$98 billion each year for next six federal fiscal years, according to a forecast Deltek released last month during the company’s Federal MarketView Forecast conference.
The funding level applies to what Deltek calls the “addressable” IT contract market, comprised of 58 federal agencies including intelligence units, the U.S. Postal Service and the judiciary.
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