GAO: Defense Agencies’ Spending on Contracts Dropped 32% in Fiscal 2015

The Government Accountability Office has analyzed governmentwide contracting data from the Federal Procurement Data System-Next Generation database and found that spending on contracts at defense agencies declined by about 32 percent from $399 billion in fiscal year 2011 to $274 billion in FY 2015.

GAO said in a report released Thursday that civilian agencies’ spending on goods and services obligated through contracts stayed stable over five years, while the percentage of obligations for competitive contracts remained steady at approximately 64 percent.

The report showed that agencies allocated at least $430 billion on contracts for products and services in FY 2015, a figure that accounts for nearly 40 percent of the total discretionary spending.

The congressional budget watchdog also found that the use of fixed-price contracts by federal agencies stayed stable at 63 percent between FY 2011 and FY 2015.

You may also be interested in...

David McKeown

David McKeown: DOD Eyes Creation of Zero-Trust-Focused Portfolio Office

David McKeown, the Department of Defense's (DOD) equivalent of a chief information security officer, said DOD is looking to establish a portfolio management office that specializes in zero-trust cybersecurity. The office's creation would help DOD centralize and manage efforts to implement a zero-trust architecture, which strictly imposes requirements before one is able to access the defense network.

Leave a Reply

Your email address will not be published. Required fields are marked *