by Tom Gerbe – Defense Information Analyst – BidLink.net
With the fiscal cliff rapidly approaching, defense contractors will need to become more competitive as defense budgets shrink. BidLink recently analyzed defense spending by competition from 2003-2012 and discovered that almost half of the contracts awarded from the Defense Department were not competed.
This pattern varied by industry with makers of large systems including aircraft dominating markets, while manufacturers of clothing, refrigeration equipment and replacement parts experience a more competitive environment.
Competitive initiatives taking hold
The Defense Department is committed to increasing competition by delivering more contracts to small businesses.