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FCW : June 30, 2014
26 June 30, 2014 FCW.COM The past year has been described by many as one of the more di cult in recent memory, with Con- gress and the White House divided on government funding and priorities. The result was a year in which contractors had little visibility into spending plans beyond a few months. Consequently, many companies on the 2014 Washington Technology Top 100 list saw their prime-contract reve- nue fall, and the prospects for a return to organic growth --- revenue growth from current operations, not acquisi- tions --- will continue to be a challenge. Prime contracts for the Top 100 companies totaled $106.2 billion for fiscal 2013, compared to $117 billion in 2012. It was the lowest amount since 2009 and the third consecutive year with a drop since the Top 100 hit a peak of $132 billion in 2011. Fortunately, 2014 is o to a better start thanks in large part to a federal budget deal that sets topline numbers through 2015. "Right now, we know the budgets at the highest levels, and I do believe there is more of a calmness," said Son- dra Barbour, executive vice president of Lockheed Martin's Information Systems and Global Solutions busi- ness. The company is ranked No. 1 on Washington Technology's list for the 20th year. But the budget deal has not opened a floodgate of spending. "It is going to take a little while to work through this, but I think everyone understands that," Barbour added. CACI International CEO Ken Asbury held much the same view. "We've seen increased activity, but there is definite- ly a slower rate of awarding contracts," he said. CACI is ranked No. 13 with $1.9 billion in prime contracts. GOING GLOBAL Although federal agencies are focused on reducing costs, they are still demanding that mission requirements be met. That means contractors must continue to wow their customers to For government contractors, the past year has been a roller-coaster ride of budget cuts, sequestration and a government shutdown BY NICK WAKEMAN Turbulent, uncertain year roils Top 100
May 30, 2014
June 15, 2014