The Navy acquisition environment continues to adapt to address the department’s multiple modernization realignment efforts and meet evolving objectives. Take advantage of this free report looking at the Department of the Navy’s contracting trends and business prospects for the 2024 fiscal year and beyond.
This free report takes a look at the Department of the Navy’s contracting trends including:
A historic high of $255.8 billion in requested discretionary funding for the Navy should translate into strong contract spending in FY 2024.
Navy spending on contracted support as a percentage of total budget remains strong and continues to rise.
The Navy failed to meet any of their small business contracting goals in FY 2022 presenting an opportunity for small businesses to win more contracts.