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Kevin Plexico: Disabled Vet-Owned Businesses Won $14.5B in FY 2012 Federal Contracts

Kevin Plexico
Kevin Plexico

The federal government awarded $14.5 billion in contracts to service-disabled veteran-owned small businesses in fiscal year 2012, the Washington Post reported Monday.

Kevin Plexico of Deltek writes those awards represent a 15 percent annual growth rate for this business category over the last four years, including $8.2 billion in awards for 2008.

The Army awarded $5 billion contracts to such companies last year, an increase from the $3.4 billion recorded in 2010.

New York-based Systems Made Simple, a service-disabled veteran-owned firm, has won more than $170 million in contracts through the Department of Veterans Affairs‘ Transformation Twenty-one Total Technology program, or T4 program.

Plexico writes many agencies have continued to increase the amount of contracting opportunities for SDVOSBs even as they cut spending.

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