Federal agencies will continue to spend heavily on IT 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 $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.
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Changes in Federal IT Spending Require Nimble Contracting
Posted by: John K. Higgins July 14, 2016 11:04 AMFederal agencies will continue to spend heavily on IT 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 $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.