The ongoing transition to a Trump 2.0 administration is far from the only key happening that government contractors have to take note of and follow closely with 2025 now underway.

But our first episode of this New Year has to start with transition talk. We do just that with the help of Stephanie Smith, GovCon industry senior analyst and valuation services director at the global professional services firm RSM.

Here are the other big-picture items Smith and our Ross Wilkers went over:

• The nexus of macroeconomics and industrial policy
• Cyber and supply chain security priorities
• The U.S.’ push to regain global tech leadership
• Customer demand areas that remain paramount
• M&A transaction themes to watch in 2025