Defense News

Friday, February 13, 2009

Federal contractors are likely to benefit from stimulus plan

Despite an expected slowdown in Defense spending during the next several years, the stimulus package will include billions in spending for both federal agencies and state and local governments -- some of which will trickle down to contractors. The government likely will award contracts to increase energy efficiency in federal buildings, expand health care information technology, and continue military construction projects...Defense spending currently represents roughly 4 percent of the gross domestic product...read more.

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