- July 8, 2021
- Posted by: Stratford Team
- Category: Business
This article was written by Arlington Economic Development.
Arlington’s robust federal government ecosystem and prime location directly across the Potomac from Washington, D.C. make it an attractive place for government contractors to grow and thrive.
In FY20, Northern Virginia companies were awarded nearly $90 billion in federal procurement awards, exceeding the total of any single state, including Texas and California (usaspending.gov). We all know Arlington is home to the Department of Defense at the Pentagon, which alone awards nearly two-thirds of federal contracts by value. Additionally, the Air Force Office of Scientific Research (AFOSR), Defense Advanced Research Projects Agency (DARPA) and Office of Naval Research (ONR) call Arlington home.
However, many may not know about the critical pieces of the government contracting ecosystem that help businesses grow and thrive here.