Government Contractor Confidence: GovCon 2024
October 29, 2024
In a recent report, Deltek highlights key trends and challenges for government contractors in 2024. The top five points include:
- Increased Confidence: Despite economic uncertainties, government contractors remain optimistic about growth opportunities.
- AI Integration: The adoption of AI and machine learning is transforming project management and operational efficiency.
- ESG Focus: There's a growing emphasis on Environmental, Social, and Governance (ESG) criteria, impacting compliance and reporting.
- Cybersecurity: Enhanced cybersecurity measures are critical due to increasing threats.
- Regulatory Changes: Contractors must navigate complex regulatory environments, requiring adaptable strategies and tools.