INPUT Report Shows 60 Percent Annual Increase in Federal Government Technology Contract Awards; Professional Services Award Values Increase 110 Percent in FY04 to $103 billion.RESTON, Va. -- U.S. Federal Government awards of Information Technology (IT)-related prime contracts reached $155 billion in fiscal year 2004, representing a 60 percent increase over the $95 billion in IT-related prime contracts awarded during FY2003, according to a report released today by INPUT, the quantifiable leader in government market intelligence. The December INPUT/Output(R) report entitled "FY2004: Where did the Money Go?" indicates that defense agencies are primarily responsible for the increase, with four of the top five departments in defense related sectors. In terms of total dollars, five departments awarded a total exceeding $118 billion - 76 percent of the entire awards during FY2004. "The large increase in awarded dollars can be attributed to a handful of defense related programs, as well as the emergence of the Department of Homeland Security Noun 1. Department of Homeland Security - the federal department that administers all matters relating to homeland security Homeland Security executive department - a federal department in the executive branch of the government of the United States as a major player with its $10 billion US VISIT award," stated Michael Boland, senior analyst of Federal Vendor Profiles at INPUT. The United States Navy United States Navy Major branch of the U.S. military forces, charged with defending the nation at sea and maintaining security on the seas wherever U.S. interests extend. The Continental Navy was established by the Continental Congress in 1775. led the way with $36.8 billion awarded, which included the $19.5 billion Engineering, Technical and Support Services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services contract for the Naval Warfare Center and other Naval Sea Systems Command The Naval Sea Systems Command (NAVSEA) is the largest of the U.S. Navy's five "systems commands," or materiel organizations. NAVSEA consists of four shipyards, eight "warfare centers" (two undersea and six surface), four major shipbuilding locations and the NAVSEA headquarters, (NAVSEA NAVSEA Naval Sea Systems Command NAVSEA Naval Avionics Support Equipment Appraisal ) Field Sites (SeaPort II) program. In addition, the INPUT/Output report notes that professional services awards totaled $103.3 billion in FY2004, an increase of 110 percent over FY2003. "However, due to two significant defense related programs, the network and telecommunications category increased 900 percent in FY2004," Michael Boland stated. Awards for the $9 billion Air Force Network Centric Solutions (NETCENTS NETCENTS Network-Centric Solutions (US Air Force) ) program and the $7 billion Army Warfighter Information Network - Tactical System (WIN-T WIN-T Warfighter Information Network-Tactical WIN-T Warfighter Information Network - Terrestrial ) program accounted for 84 percent of the $19.2 billion in network and telecommunications services awards. INPUT is currently tracking approximately $114 billion in IT-related contracting opportunities with award dates during FY2005. To review the FY 2004 federal contract awards entitled "FY2004: Where did the Money Go?" download the INPUT/Output report at: http://money.input.com. The media can review all INPUT/Output reports produced by INPUT at http://media.input.com. About INPUT: INPUT is the quantifiable leader in government market intelligence. Based in Reston, Virginia, INPUT provides market development services, advisory services advisory services advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal , and software solutions to help clients secure new business, address new markets, and manage business development. For more information about INPUT, visit www.input.com or call 703-707-3500. Proper use of name is INPUT |
|
Printer friendly
Cite/link
Email
Feedback
Reader Opinion