BGOV said Thursday FY 2020 marks the fifth consecutive year of increase in contract spending and federal agencies primarily used $1.6 trillion in enacted FY 2020 discretionary budget to fund government contracts.
The BGOV200 report showed that the top 200 government contractors accounted for 65 percent of the total contract obligations in FY 2020 and 98 contractors improved their rankings.
BGOV predicts federal contract obligations to reach $600 billion to $695 billion in FY 2021 and forecasts facilities and construction, professional services and information technology markets to witness continued growth this fiscal year.
CACI International has secured a potential five-year, $416 million SeaPort-Next Generation task order to sustain and modernize information technology systems…
Cherry Bekaert has acquired accounting and advisory firm Tarsus to expand outsourced accounting, real-time financial reporting and strategic chief financial…
General Dynamics Information Technology has received a U.S. Navy contract worth $988 million to modernize and integrate command, control, communications,…
Dave Wajsgras, an eight-time Wash100 Award winner, has been named chairman and CEO of Everfox. The cybersecurity company said Monday that Wajsgras will…
The Transportation Security Administration has announced a contract opportunity with an estimated value exceeding $100 million for enterprise-wide IT support…
