in ,

Report Pegs Federal Civilian, Defense IT Spending at $13.3B for September

Report Pegs Federal Civilian, Defense IT Spending at $13.3B for September - top government contractors - best government contracting event
https://executivebiz-media.s3.amazonaws.com/2022/08/19/30/9f/c3/a0/b7/6f/d4/64/Executive-Biz.png

Report Pegs Federal Civilian, Defense IT Spending at $13.3B for September - top government contractors - best government contracting eventThe Defense Department and federal civilian agencies have obligated $46.7B on information technology contracts during the first 11 months of the current fiscal year and have $13.3B in remaining funds to spend on IT through the end of this month, Bloomberg Government reported Wednesday.

BGOV estimates that DoD’s IT contract obligations for September will reach $7.1B.

The Department of Homeland Security is projected to obligate $1.2B for IT projects while the departments of State, Justice, Veterans Affairs and Treasury are forecast to invest at least $500M on similar projects this month, the report noted.

The report added that the majority of year-end governmentwide IT spend will likely flow through the Schedule IT-70, Alliant and Solutions for Enterprise-Wide Procurement vehicles.

ExecutiveBiz Logo

Sign Up Now! ExecutiveBiz provides you with Daily Updates and News Briefings about Industry News

mm

Written by Monica Jackson

Ideal Innovations to Continue IT Support for Army Biometrics Division - top government contractors - best government contracting event
Ideal Innovations to Continue IT Support for Army Biometrics Division
Cubic Books $55M in Army Satcom, Networking System Orders; Mike Twyman Quoted - top government contractors - best government contracting event
Cubic Books $55M in Army Satcom, Networking System Orders; Mike Twyman Quoted