Win more business by starting the week with procurement trends, federal opportunities, budget priorities, and policy moves.
A record total of $774 billion in procurement spending in fiscal 2023 was spread across nearly 90,000 vendors, but 148 of the largest contractors secured 60% of the market.
With an annual prime contract revenue of $500 million or more each in fiscal 2023, these large vendors collectively accounted for $462.7 billion, according to Bloomberg Government data.
They boosted their share of the overall federal market by nearly a percentage point compared to fiscal 2022.
Booz Allen Hamilton, Peraton, and SAIC were among ...
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