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GovSpend

Federal IT & Software Contracts

34.22% of total federal contract spending

Total Spending (FY2024)
$179.7B

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

$179.7B
Total Obligations
839
Contractors
34.22%
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 34.22% of all federal contract spending, distributed across 839 active contractors.

Federal IT & Software Contracts FAQ

The federal government obligated $179,725,707,113 on it & software contracts in FY2024, representing 34.22% of total federal contract spending across 839 contractors.

The largest federal it & software contractors include California Institute of Technology, The Boeing Company, Science Applications International Corp.. These companies receive the bulk of federal it & software spending.

The top agencies for it & software spending include Department of Defense, Department of Veterans Affairs, Department of Homeland Security.

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.