What Will Defense Contracting Look Like in 10 Years?

Global defense spending will reach $6.38 trillion by 2035, growing from $2.7 trillion in 2024 at a compound annual growth rate of 8.13%, according to Spherical Insights & Consulting research. This massive expansion coincides with fundamental shifts in how the U.S. government procures defense capabilities and manages contractor relationships. Margarita Howard, CEO and owner of […]

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