Belcan growth uncertain as Trump administration looks to optimise federal spend
Belcan, which Cognizant acquired for $1.3 billion in June 2024, gets more than three-fourths of its business from commercial aerospace, defence and space, whereas 40% comes from US federal contracts. With the US clamping down on govt spending, sectors that contribute to Belcan’s growth may suffer.
citynews
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Belcan, which Cognizant acquired for $1.3 billion in June 2024, gets more than three-fourths of its business from commercial aerospace, defence and space, whereas 40% comes from US federal contracts. With the US clamping down on govt spending, sectors that contribute to Belcan’s growth may suffer.
