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TaxDollarData

Federal IT & Software Contracts

7.06% of total federal contract spending

Total Spending (FY2024)
$37.4B

Information technology services, software development, cybersecurity, cloud computing, systems integration, and digital modernization for federal agencies.

$37.4B
Total Obligations
836
Contractors
7.06%
Share of Total
Rapid
Trend

Top IT & Software Contractors

Industry Outlook

Rapid growth as agencies accelerate cloud migration and cybersecurity investments. The it & software sector accounts for 7.06% of all federal contract spending, distributed across 836 active contractors.

Federal IT & Software Contracts FAQ

The federal government obligated $37,382,036,128 on it & software contracts in FY2024, representing 7.06% of total federal contract spending across 836 contractors.

The largest federal it & software contractors include Science Applications International Corporation, Booz Allen Hamilton Inc., California Institute of Technology. These companies receive the bulk of federal it & software spending.

Multiple federal agencies contract for it & software services.

Sources: USASpending.gov, Federal Procurement Data System
Last updated:

Industry categorization is based on Product and Service Code (PSC) classifications from the Federal Procurement Data System. Spending figures represent total federal obligations for FY2024.

Source: USAspending.gov, 2026.