From 634 responses across more than 100 questions, the 8th Annual Deltek Clarity Government Contracting Industry Study continues to expand our understanding of long-term trends. This year we found:
- Investments in business development paid off with a win rate rise of 2.6 points
- Overall net profit fell 2 points while growth hit a 7 year low
- Firms point to inexperienced project managers for their dip in KPIs
- Talent Acquisition is the #1 most expensive HR business process
- Number of hours spent on audits tripled and FTEs devoted to external audits doubled in large companies
- 67% of firms have applications in the cloud, spiking from 25% last year
Download the full report for free to learn about the most recent Business Development, Program Management, Finance, Compliance, Human Capital Management, and Information Technology trends in government contracting, including performance benchmarks and historical analysis.