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Report: Defense Acquisition Hits Bottom, but Bounceback Will Be Slow

Report: Defense Acquisition Hits Bottom, but Bounceback Will Be Slow

2015 will likely represent the nadir of Pentagon spending on defense contracts, but industry should not expect to see a rapid doling out of contract obligations in the near future.

That’s the conclusion of a new report entitled “Defense Acquisition Trends 2015,” released Jan. 27 from the Center for Strategic and International Studies.

Source: Report: Defense Acquisition Hits Bottom, but Bounceback Will Be Slow