With the national economy in a deep recession and the Obama administration putting billions of dollars into recovery and bailout programs, venture capital firms are simultaneously cautious about new investments and guardedly optimistic about the future.
As large prime contractors seek to replace business lost from potential budget cuts, they look to the universe of publicly held midtier companies as targets.
Those watching the defense and government services market in 2009 will see large companies capitalize on a volatile market and more mid-tier players disappear.
