Key Opportunities for GovCons in DOD’s FY25 Budget
Source:GovConWire
The Department of Defense’s fiscal year 2025 budget request offers significant insights for government contractors seeking to align with the department’s priorities. With $143.2 billion allocated to research, development, test and evaluation, this budget emphasizes innovation, modernization and technological advancements aimed at strengthening U.S. national security. For contractors, this creates a host of opportunities across diverse domains.
If you’re looking for more information on the exciting technologies currently being incubated at the DOD—and what the department needs from industry to continue this innovation—the Potomac Officers Club is hosting its annual Defense R&D Summit on Jan. 23. For over a decade, the event has been a central gathering place for the industrial base and top Pentagon officials to commingle and get the ball rolling on new projects. Register before it’s too late!
Priority Areas in the FY 2025 Budget
Science and Technology
The budget allocates $17.2 billion to science and technology initiatives, highlighting the DOD’s commitment to fostering advancements that can enhance operational capabilities. Areas such as advanced materials, hypersonics and quantum technologies are likely areas of focus, presenting substantial opportunities for contractors specializing in research and cutting-edge technologies.
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