WashingtonExec 2013 Government Contracting Outlook Series:
The new year brings big changes for the Federal IT industry, and WashingtonExec is back with its Government Contracting Industry Outlook Series.
We are giving local executives the opportunity to share their thoughts on where they see our industry headed this year and beyond. Leaders were asked a series of questions focused on cloud computing, healthcare IT, defense, mobility, and more.
William Mutryn, a Partner at Holland & Knight, gave us his predictions for 2013, saying growth is key:
“While the first half of 2013 will produce more uncertainty for the industry due to the deferral of sequestration, companies still need growth. One of the only ways to grow in this environment is through acquisitions. Coupled with a favorable financing environment, I expect buyers to be very active, but also very selective. Only the stronger selling companies will get deals done a decent valuations this year. While overall I expect fewer deals because there will be fewer sellers who elect to test the market, I do not expect a material decline in valuations for the better positioned selling companies.”
Read what Bill Mutryn predicted for the government contracting market last year here on WashingtonExec.