Is 2023 the year you become a government contractor?
- MDAPEX
- Apr 17, 2023
- 1 min read
Source: FederalTimes
The government contracts market is an attractive prospect for many companies. Providing goods or services to the federal government comes with a lot of benefits: chiefly, a stable flow of demand and funding.
According to the U.S. Government Accountability Office, the federal government spent around $637 billion on contracts in fiscal year 2022, including those covering professional support services, medical and surgical equipment, and aircraft.
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