Those who supply the federal government with goods or services are known as government contractors. The top 100 government contractors in the United States spend more than $500 billion annually. General Dynamics, Boeing, and Lockheed Martin make up the top three subcontractors. These businesses offer a wide range of products and services, including information technology, engineering, and products like aircraft and missiles.
Government contracting is a complicated and strictly regulated industry, with regulations governing both the awarding of contracts and the evaluation of performance. As a result, the top government contractors are frequently big, established businesses that have a lot of expertise fulfilling federal government requirements.
Answer ( 1 )
Those who supply the federal government with goods or services are known as government contractors. The top 100 government contractors in the United States spend more than $500 billion annually. General Dynamics, Boeing, and Lockheed Martin make up the top three subcontractors. These businesses offer a wide range of products and services, including information technology, engineering, and products like aircraft and missiles.
Government contracting is a complicated and strictly regulated industry, with regulations governing both the awarding of contracts and the evaluation of performance. As a result, the top government contractors are frequently big, established businesses that have a lot of expertise fulfilling federal government requirements.