technological boost? In the next two quarters, a number of US federal contracts are up for renewal.

Data obtained by ET indicates that over the next two quarters, a number of significant US federal contracts, including those from the General Services Administration, US Cyber Command, Department of Energy, NASA, Federal Aviation Administration, and Department of Education, are up for renewal.

A number of these transactions are close to $1 billion, and some are far more than that amount. According to data from Omdia Research, federal contracts will account for nearly a third of the market's large deal renewals, which are expected to be worth roughly $16 billion over the next two quarters.American IT majors like Accenture, Perspecta, CACI International, SAIC, Noblis, and Maximus currently service the majority of these multi-year cloud modernization, application development, and maintenance contracts. With the exception of Accenture, the majority of the revenue generated by the remaining companies comes from federal contracts.While it's still difficult ground for Indian enterprises to break into, experts say that US federal clients now view Indian-heritage suppliers more favorably because India is now largely acknowledged as the primary talent location for the technology industry. They said that with the US-Indian relationship growing over the past few years, there has been a noticeable shift.

Phil Fersht, CEO of HfS Research, stated that undoubtedly, things are changing. But US tech services companies like Deloitte and KPMG, which provide managed services directly to the top Indian suppliers, pose a greater threat to them.