Amidst challenging domestic economic conditions, the U.S. Army requires modern platforms and capabilities to meet growing global challenges. Take advantage of this free report looking at the Department of the Army’s contracting trends and business prospects for FY 2024 and beyond.

What's Inside

This free report takes a look at the Army's:

• FY 2024 budget outlook
• Major issues and priorities
• Procurement and contract spending trends
• Preferred contract vehicles and top contractors
• Opportunity highlights and potential project leads

“GovWin provides us the ability to have detailed information, context and contacts for programs of record along with insightful articles.” John Tabler, Senior Account Executive, U.S. Navy and NATO, Cohesity

Sample Key Findings:

Supply Chains Under Strain
Shortages of critical components are of great concern. The DOD is directing funding to support on-shore suppliers and producers, but more capacity is needed.


Funding is Being Redirected
As long as Great Power tensions continue, more of the Army's funding is likely to be redirected to the Navy and Air Force.

Army Prefers Contract Vehicles
COVID response amplified a trend already in place toward the use of contract vehicles vs. open market procurements - a trend that is expected to continue.
 

$5.5B Funding cut from the Army is being redirected to the Air Force and Navy due to challenges overseas. This is forcing tough choices in the Army about prioritizing readiness and maintenance vs. investment and modernization. In 2022, the Army Chief of Staff estimated the Service required an additional $5.5B to cover shortfalls.

Download Report >