Federal contractors find growth niches
Federal contractors are experiencing growth in niche markets, according to two recent studies.
The top three markets for the next 12 months are cybersecurity, cited by 45%, cloud computing and software-as-a-service, 35%, and health information technology, 33%, according to a Market Connections Inc. survey of 272 contracting professionals.
Sixty-two percent expected revenue growth in 2012, while 19% predicted flat revenues.
In a separate study by Bloomberg Government, federal contractors specializing in health technology, surveillance and services for military special operations experienced growth in fiscal 2011.
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