Changes In Federal Acquisition Environment Taking Toll On Vendors

If there was ever any question about the course correction the federal contracting market has been going through over the past three years, a new survey from Grant Thornton puts it all to rest.

Government contractors say they are making less money than at any time in the last 18 years, including 56 percent of the respondents revealing they made less than 5 percent profit off their government contracts in 2012.

Grant Thornton's 18th annual study of the government contractor industry details the impact of the changing federal procurement environment.
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