Tech boost? several US federal contracts up for renewal in next two quarters
Several large US federal deals from the likes of General Services Administration, US Cyber Command, Department of Energy, NASA, Federal Aviation Administration, and Department of Education are up for renewals over the next two quarters, data sourced by ET shows.
Several of these deals are in the vicinity of a billion dollars, while a few are significantly above that threshold. Almost a third of the roughly $16 billion worth of large deal renewals in the market in the next two quarters are federal contracts, data from Omdia Research showed.