The Navy’s acquisition environment continues to adapt to address the department’s multiple modernization and realignment efforts to meet evolving challenges and objectives. Take advantage of this free report looking at the Department of the Navy’s contracting trends and business prospects for the FY 2025 fiscal year and beyond.
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This free report takes a look at the Department of the Navy's contracting trends, including:
The FY 2025 budget supports robust growth, building on FY 2024. However, continued debate around individual priorities will create uncertainties and delays, extending some timelines.
Navy spending on contracted support as a percentage of total budget continues to rise, signalizing a sustained reliance on industry support to meet its priorities.
IT budgets are increasing, with a focus on cloud adoption, cybersecurity integration and enhancing joint operations through afloat/ashore network interoperability, big data and AI capabilities.