Federal budget battles, unclear tax positions, and domestic and international economic and political trends create a challenging environment for government contracting firms and the business appraisers that value them. While the appraiser may recognize the factors contributing to this environment, specific knowledge of the operations and marketplace of government contractors is required to make appropriate and adequate adjustments in the valuation process. In Valuing Government Contactors, expert Donald Nalley discusses the unique characteristics and considerations important to owners and valuation professionals in deriving value estimates for businesses that contract with the federal government.