News
National Tech

What To Expect From Fed IT

It's been a tough slog for tech companies doing government work. BirchGrove president Ray Bjorklund, who spoke at this week's Bisnow Northern Virginia State of the Market event in Falls Church, says government contracting is going to get worse. We'll be steady til 2016, then contractor-addressable spending drops $10B to $15B from $735B. Ray, who consults tech companies selling to the government, says firms will need to think more realistically about their growth potential and develop tech specializations.

Continue reading this story with a free account

Log in or register
Related Topics: Falls Church, Ray Bjorklund
Sign up for more articles like this
Subscribe to Bisnow's National Newsletters
Related Stories

Wall Street Impatient For Big Tech Returns On Data Center Spending

As AI Adoption Ramps Up, Half A Million Property Managers Are In The Crosshairs

Treasuries Hover Around 4.7% As Wall Street Questions If Warsh Is A 'Dove In Hawk's Clothing'

Avison Young Had Assets Frozen By Bank Over Unpaid Taxes

Camden Property Trust Sells West Coast Portfolio, Clears $1.5B Target

Churchill Downs Plans To Sell 9 Casinos, Focus On Horse Racing

Bringing Stability And Savings To CRE Insurance Through Working Layer

More Hotel Owners In Need Of Cash Are Getting It From The Big Brands

Former Arms Dealer Targeting Heartland Apartment Takeover Files For Bankruptcy

SEC Charges REIT, Its Founders With Alleged $152M Fraud Scheme

Equinix Ramps Up Spending Plans Amid Faster-Than-Expected AI Shift

Cortland, Pulte, INVH, Walker & Dunlop Execs Talk Changing Demographics, AI