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Contracting | Shifting From Tanks to Technology
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Mantech, a Fairfax contractor, is building a social networking system for the intelligence community called A-Space (for analyst space), modeled after Facebook and other popular consumer sites.
"I'm working on a specific problem and the technology is such that it would be able to point me to another agency that has significant experience with the problem," Mantech President Robert A. Coleman said.
Of course, there's no guarantee these trends will hold for long.
If the new administration in January 2009 has a radically different vision for what to do with government spending, or Iraq war demands for hardware grow, services companies may experience declines.
Yet if, as expected, spending on heavy items like bombs and tanks declines, Lockheed Martin and General Dynamics won't want to miss out on new government spending in technology.
That's why they've been beefing up their information technology divisions.
"If they're going to maintain their growth, they're going to have to buy revenue" by buying companies, Bersoff said.
