Deltek’s Jennifer Sakole: Task Order Contracts Buck Overall Government Spending Trend

A Deltek market analysis team found that federal spending on cloud procurement contracts with the small business community increased from $307 million in fiscal year 2021 to $714 million in fiscal 2022. Alex Rossino, advisory research analyst at Deltek, reported Wednesday that cloud investments at the U.S. Air Force and the Department of Homeland Security

A Government Accountability Office report shows that the federal government spent approximately $637.1 billion on contracts in fiscal year 2021 with defense agencies accounting for about $386.9 billion in FY 2021 contract obligations. Federal spending on contracts in FY 2021 reflects a drop of $54 billion from the previous fiscal year and civilian agencies recorded

Federal civilian and defense agencies collectively increased annual contract spending by $70 billion to $665 billion during fiscal year 2020, according to a report by the Government Accountability Office. GAO found that agencies spent $35 billion to buy medical supplies and pharmaceutical products in FY 2020 as part of COVID-19 response efforts. The Department of