Photo Courtesy of the Society of American Military Engineers Nearly 650 construction industry executives flocked to hear updates on military construction spending plans for fiscal 2013 and beyond. Even with military construction programs set for major cuts in fiscal 2013 and possibly in the current year, industry executives still were optimistic about the market's potential. An annual Defense Dept. construction chiefs' budget briefing drew record attendance on March 27 in suburban Washington, D.C.The Obama administration proposes $10.7-billion milcon budget for the next fiscal year, down from $14.8 billion currently. Speakers told the nearly 650 attendees at the event, sponsored by
The growing need to collect, store and analyze the huge volumes of data collected from infrastructure project stakeholders is generating a new growth area for construction-sector firms, IT vendors and professionals.