The treacherous economy that slowed down activity in the government contracting marketplace is now apparently swinging back.
According to the Washington Post, firm and analysts are seeing the increase as the light at the end of the unstable-capital-market-in-government-contracting tunnel. Companies like CACI International and Boeing are enjoying acquisition activities after an overall downturn in acquisition deals.
“We’ve reenergized, ” CACI (NYSE: CACI) President and Chief Executive Paul M. Cofoni said about the firm’s resurgence. “We’re back at it full force.”