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Angular from Google is an open source project leveraged by more than 600 of their internal and public applications. It essentially means they need to be accommodative of features that are scalable, flexible across the considerable user-base. Keeping in line with this thought they go in for updates at a regular interval. However, all Angular releases are supported for 18 months. It means you can safely postpone your upgrade to a later time.
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There’s no reason to keep updating your project just because there is a new version. Once a project starts, there has to be a strong business reason to upgrade, or it has to have low risk.
Some AngularJS projects are stuck on that version because there is no business case to move to Angular2+. The end user won’t notice anything, and the application works fine as is!
If the client asks for framework upgrade (or there is a robust technical need for it), then its more money for you!
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