U.S. Defense and IT Spending to Bottom Out in 2014-15

DEFENSE/IT SPENDING: Exact numbers are nebulous, but the trends are clear: after peaking in fiscal 2011 and 2012, U.S. contract spending on defense and information technology (IT) will bottom out in fiscal 2014 and 2015, and then increase only 1-2% annually through the rest of the decade, according...

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