Defense Agencies Strategic Outlook for 2023-2024

With rising costs slowing modernization efforts across the Department of Defense, federal government contractors can set themselves apart by positioning their offerings to Fourth Estate agencies with a focus on how they can help reduce spend and save time. Get an edge over your competitors by taking advantage of this timely report analyzing Defense Agency budgets, contracting trends and business prospects in the year ahead.

What's Inside:

This free report takes a look at the latest Department of Defense (DoD) federal government contracting trends including: a look back at recent contracting performance, upcoming Fourth Estate opportunities to add to your federal business development pipeline, the FY 2024 budget outlook, details on major defense agency challenges and conclusions to take into your strategic sales planning.

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Key Findings and Benefits:

Strong Contract Spending
Defense Agencies are slated to receive the highest funding in years, which should translate into strong contractor-addressable spending in FY 2024.


Focus On DLA and DHA
The Defense Logistics Agency (DLA) and Defense Health Agency (DHA) accounted for 63% of Fourth Estate Spending from FY 2020-2022, making them key entities to target for opportunities.

Leveraging Multiple Award Schedules
Companies wishing to do business with Fourth Estate agencies should take stock of increased use of GSA Multiple Award Schedules (MAS) and seek new opportunities through these vehicles.

3% In FY 2022, Fourth Estate agencies exceeded the established goal for small business contracting by 3% but continue to come up short for socieoconomic categories. Thus, small businesses are well positioned to compete for work and help Fourth Estate agencies meet their contracting goals.