Budget Crunch Sharply Reducing the Amount DHS Spends on Contracts

摘要

The amount of money the Department of Homeland Security spends on contracts for goods and services is falling by about $2 billion per year, according to one industry analyst. The department in fiscal year 2011 issued $14.2 billion in contracts. The following year saw that amount drop to $12.4 billion. And with only a couple weeks remaining in fiscal year 2013, DHS and its agencies had only spent $10.7 billion, said John Hernandez, Frost & Sullivan senior industry analyst.