With sequestration and continuing resolutions dominating government contracting for several years now, contractors have been plagued by spending uncertainty. When a budget was finally approved by Congress last year, the business community breathed a collective sigh of tentative relief.
Even though the budget is tighter and sequestration still looms overhead, contractors in the Mid-Atlantic region have continued to prosper due to an increase in the total dollars spent by the government over the past three years in Maryland, DC and Virginia. Between 2012 and 2014, government spending has increased 22 percent, from $87.6B to $107.5B, among recipient companies in the Washington …read more
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