WASHINGTON, June 7, 2016 /PRNewswire-USNewswire/ -- Bloomberg Government today announced the release of the 2016 BGOV200 Report.
The 5th annual BGOV200 study ranks the top 200 federal government contractors by value of prime, unclassified contracts awarded by U.S. government agencies in fiscal 2015. The report analyzes the top contracts at 24 agencies and departments, and in 20 different purchasing categories.
"This year, top federal contractors have seen decreased contracts, enduring budget pressures, continued consolidation and unprecedented mergers and acquisition activity – our analysts have surfaced insights and trends of this complex marketplace for the government contracting community," said Head of the Government Contracting Solutions Business at Bloomberg Government, Donald Thomas.
The BGOV200 explores the way contractors have responded and performed against the contracting dynamics of the past year.
This year we found that total contract spending in fiscal 2015 was $440.8 billion, a 1.5 percent decline from $447.6 billion in fiscal 2014. The share of total government obligations won by the top 200 was 62 percent, the same as in fiscal 2014.
Several factors contributed to the landscape in fiscal 2015. After year-over-year declines in federal spending, fiscal 2015 may have been the bottom. While the marketplace continues to shape itself through significant M&A activity, increased budgets and potential growth in contract spending may mean windfalls for the survivors.
To access the list and full analysis, click here: about.bgov.com/bgov200
About Bloomberg Government:
Delivering news, analytics and data-driven decision tools, Bloomberg Government's digital workspace gives an intelligent edge to government affairs, federal and contracting professionals influencing government action. Follow us on Twitter @BGOV and like us on Facebook
http://www.facebook.com/bloomberggovernment.
Logo - http://photos.prnewswire.com/prnh/20160517/368651LOGO
SOURCE Bloomberg Government
Related Links
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article