Government Contractor Confidence: GovCon 2024

In a recent report, Deltek highlights key trends and challenges for government contractors in 2024. The top five points include:

  1. Increased Confidence: Despite economic uncertainties, government contractors remain optimistic about growth opportunities.
  2. AI Integration: The adoption of AI and machine learning is transforming project management and operational efficiency.
  3. ESG Focus: There's a growing emphasis on Environmental, Social, and Governance (ESG) criteria, impacting compliance and reporting.
  4. Cybersecurity: Enhanced cybersecurity measures are critical due to increasing threats.
  5. Regulatory Changes: Contractors must navigate complex regulatory environments, requiring adaptable strategies and tools.

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