The U.S. economy may be in the doldrums, but the federal government keeps plugging away, signing contracts and purchasing assets and services from private companies.
While McKenna Long & Aldridge partner Jeremy C. Silverman wouldn’t say the federal government is water-tight safe from the recession, he offered that federal government contractors seem to be immune from the current economic downturn. Moreover, Washington is increasingly privatizing many of its functions, creating a boon for government contractors.
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