Air Force & Space Force Strategic Outlook for 2023-2024

Published: May 25, 2023

USAFBudgetBusiness DevelopmentContracting TrendsDefense & AerospaceForecasts and SpendingOperations and Maintenance (O&M)USSF

The Department of the Air Force’s seven Operational Imperatives are now front and center in their functioning mindset and will guide not only mission areas but also the acquisition environment for the foreseeable future. Take advantage of this free report looking at Air Force and Space Force contracting trends and business prospects in the new fiscal year.

The Department of the Air Force’s seven Operational Imperatives are now front and center in their functioning mindset and will guide not only mission areas but also the acquisition environment for the foreseeable future. Take advantage of this free report looking at Air Force and Space Force contracting trends and business prospects in the new fiscal year.



What's Inside: 
This free report takes a look at the Department of the Air Force’s contracting trends, as well as those for the Space Force, including: a look back at recent contracting performance, opportunities to watch, top contract vehicles for doing business with the Air Force and Space Force, the FY 2024 budget outlook and an appendix with key acronyms to know.

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Key Findings and Benefits:

Record High Funding Requested for FY 2024
A historic high of $259.2 billion in requested funding for FY 2024 should translate into strong contract spending in FY 2024.


IT Modernization to Continue Beyond FY 2024
Multi-year efforts to modernize IT systems and adopt emerging technologies across the Air Force will continue well beyond FY 2024.

Front Doors to Doing Business are Evolving
The Air Force and Space Force are supplementing traditional entry points to doing business with innovation-focused offices, portals for outreach and more.

41% From FY 2018 to FY 2022 the Air Force spent an average of 41% of its annual discretionary budget on contractor-provided goods and services.

 


 

  • 03-12 A Look Back: FY 2018 to FY 2022 Contract Spending Trends
  • 13-24 Opportunity Landscape
  • 25-27 Contract Vehicles
  • 28-29 Opportunities to Watch
  • 30-37 FY 2024 Budget Outlook
  • 38-39 Conclusions
  • 40-43 Appendix