15 Companies That Will Get Crushed When The Government Stops SpendingKim BhasinBusiness Insider Jun. 03, 2011 |
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Everyone in Washington's talking about budget cuts -- especially defense cuts. But if the government decides to significantly cut spending for federal contracts, what's going to happen to the companies that rely on huge sums of government cash? There's a lot of money sloshing around. The US Department of Defense spent $367.1 billion on contractors in the 2010 fiscal year, more than 14 times as much as the Department of Energy, which was next highest with $25.7 billion. Here's a look at the top 15 federal government contractors -- ranked by dollars obligated from all government departments -- in the 2010 fiscal year, according to the numbers provided by the Federal Procurement Data System. Click here to see the contractors > |