VA Strategic Outlook for 2024-2025
Published: November 13, 2024
BudgetBusiness DevelopmentContract AwardsContracting TrendsForecasts and SpendingInformation TechnologySDVOSBSmall BusinessSpending TrendsTop OpportunitiesVA
The Department of Veterans Affairs remains dedicated to its mission of providing care and services to U.S. veterans, families, caregivers and survivors. Download this free report to explore the VA’s contracting trends and business prospects for FY 2025 and beyond.
The Department of Veterans Affairs remains dedicated to its mission of providing care and services to U.S. veterans, families, caregivers and survivors. Download this free report to explore the VA’s contracting trends and business prospects for FY 2025 and beyond.
What's Inside the Report?
Discover the latest trends, opportunities and strategic priorities shaping the Department of Veterans Affairs (VA) for the upcoming years. Here is a preview of the insights you’ll gain from this free report:
- Contract Spending Trends and Analysis: Understand the historical spending patterns and key drivers behind the VA’s procurement activities.
- Opportunities to Watch: Identify high-value opportunities and upcoming solicitations to strategically position your business.
- FY 2025 Budget Outlook: Gain insights into the projected budget allocations and contractor-addressable spending for FY 2025.
- VA IT Landscape: Explore the VA’s IT priorities, including cybersecurity, cloud computing, telehealth and artificial intelligence.
- Small Business Contracting: Learn about the VA’s commitment to small business set-asides and how to leverage these opportunities.
“GovWin is the most cost-effective business development person we've ever had.”
Jim Bobeck, President, FHAS, a Veteran-Owned Small Business
Sample Key Findings from the Report:
Significant Spending Increase
VA spending rose by 27.3% from FY 2021 to FY 2023, with the Veterans Health Administration accounting for nearly 75% of all spending in FY 2023.
Top Spending Categories
Health services, medical and scientific equipment, and professional services are the leading categories for VA contract obligations.
Preferred Contract Vehicles
Key contract vehicles and GSA schedules include SEWP V and T4NG, which are heavily utilized by the VA.
27.2% Service-Disabled Veteran-Owned Small Businesses (SDVOSBs) accounted for 27.2% of the VA’s contract obligations in FY 2023, surpassing the target of 3.0%. This significant achievement highlights the VA’s strong commitment to supporting veteran-owned businesses and ensuring they play a crucial role in the procurement landscape.
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- 02-13 FY 2023 Contract Spending Trends and Analysis
- 14-15 Opportunities to Watch
- 16-21 FY 2025 Budget Outlook
- 22-24 VA IT Landscape
- 25-26 Conclusions