The Federal Aviation Administration on average spends 27% of its budget on procurement, according to Bloomberg Government data, and is forecast to obligate $5.8 billion in fiscal 2024.
Fiscal 2023 contract spending was $5.6 billion, a new peak for the agency.
Click here to download the FAA profile
For the last five fiscal years, professional services has been the dominant market, followed by information technology. The facilities and construction market nearly matched IT in fiscal 2023 at $1.1 billion following funding from the 2021 bipartisan infrastructure law.
A five-year reauthorization of the FAA is stalled. The House passed a short-term ...
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