Federal IT spending to exceed $11 billion by 2018

Published 11 December 2013

A new report from Delteks, contracted spending on cybersecurity will continue to grow from nearly $9 billion in FY2013 to $11.4 billion in FY2018, driven by multiple initiatives aimed at improving the overall cybersecurity posture of federal agencies. Persistent threats, complex and evolving policy issues, and changing technologies highlight ongoing cyber-workforce shortages to drive investments despite constrained federal IT funding.

Source: Federal IT spending to exceed $11 billion by 2018