Government IT spending to grow 3.6% in 2005

Government Electronics and Information Technology Association officials believe that the fiscal 2005 federal IT budget will be $60.8 bln and that it will rise to $72.

Government Electronics and Information Technology Association officials believe that the fiscal 2005 federal IT budget will be $60.8 bln and that it will rise to $72.9 bln by fiscal 2010. They predict the average annual growth to be 3.6%.