September 19, 2022, 9:36 am
Contractors following the Air Force’s success in adopting new and evolving command and control tools will have to note that a fourth-quarter spending increase is no longer a safe bet, according to Bloomberg Government data. for communication and intelligence expenses.
Overall procurement forecasts for information technology and command, control, communications, computers, cyber, intelligence, surveillance, and reconnaissance (C5ISR) efforts show slight declines for the next fiscal year. Quarter-on-quarter spending has also leveled off in both markets.
The IT market and the C5ISR market both grew during fiscal year 2020, but decreased in fiscal year 2021 along with Air Force reductions in spending for …
