DoD predicted to spend 10% less on defense contracts in the next fiscal year

The Department of Defense will spend at least 10% less…

The Department of Defense will spend at least 10% less on government contracts from fiscal 2008 to fiscal 2009 according to a forecast by a federal market research firm.  According to the consulting firm FedSources Inc. in McLean, Va., government spending on defense contracts is predicted to decline from $490.7 billion to $440.4 billion.  For more details on this, click here and return back to comment.

Load Comments