Top 10 Healthcare and Medical Government Contractors

Source: EXECUTIVEBIZ

Saying that the COVID-19 pandemic wreaked havoc globally may be a bit of an understatement. It has been almost two years since it was first identified, yet countries across the globe are still reeling from its devastating effects.

The staggering consequences of the pandemic propelled the administration to pool its resources to fight back against COVID-19. This drastic movement changed the government contracting landscape, and there are new top healthcare government contractors on the list.

In fact, in the fiscal year 2020, the federal government awarded a record-high $682 billion worth of if government contracts and $28 billion were earmarked to healthcare contracts focused on curbing the effects of COVID-19.

From aiding in the development of the vaccines to supplying special medical supplies for the protection of the healthcare providers, the administration mobilized the services of the government contractors in the pharmaceutical health and human services industry to assist the nation in recovering from the pandemic.

As of writing, this figure is still predicted to continue its upward trajectory. If you are a private sector business leader who wants to enter the healthcare sector, here are the top 10 health care and medical giants to look out for!

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Small Businesses Should Choose Defense

Source: NATIONAL DEFENSE

Why would a small business innovator choose to participate in the defense sector?

If you are a small business developing dual-use technology — a product that can be used in both defense and commercial environments — there are three compelling reasons why you may want to develop your product within the defense marketplace.

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Government Contracting Guide: What You Need to Know

Source: EXECUTIVE BIZ

The process by which the government enters into contracts with large or small businesses and solutions vendors is known as government contracting. The federal government’s contract with a private or public provider or vendor is governed by the same contract regulations for non-government companies.

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