Tech-Pushed Air Power Modernization Alters Contracting Developments
1 min read
Sept. 19, 2022, 9:36 AM
Contractors monitoring the Air Power’s success in adopting new and rising command and management instruments might want to observe that fourth-quarter spending surges are now not a certain wager for communications and intelligence spending, based on Bloomberg Authorities knowledge.
Total procurement forecasts for info expertise and for command, management, communications, computer systems, cyber, intelligence, surveillance, and reconnaissance efforts (C5ISR) present slight downturns for the upcoming fiscal 12 months. Quarter-by-quarter spending has additionally evened out in each markets.
The IT market and the C5ISR market each grew by fiscal 2020 however dipped in fiscal 2021 together with Air Power reductions in spending on …
