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With $48.666 billion in business with the U.S. federal government, Lockheed Martin, based in Bethesda, Maryland, is the largest U.S. federal government contractor. The Top 100 Contractors Report (TCR 100) is a list developed annually by the General Services Administration as part of its tracking of U.S. federal government procurement.
In regard to states' procurement, an example of support for overseas suppliers' market access was a roundtable on government procurement and commercial opportunities held in North Carolina in November 2023, where North Carolina officials shared insights into how British companies could engage in North Carolina's procurement processes.
Government procurement and government contracting by public authorities in the United States accounts for about US$7 trillion annually; [18] the central purchasing agency is the General Services Administration (GSA). Federal procurement is governed by the Federal Acquisition Regulation.
The Federal Procurement Data System (FPDS) is a single source for US government-wide procurement data. [1]The Federal Procurement Data Center (FPDC), part of the U.S. General Services Administration, manages the Federal Procurement Data System (FPDS), which is operated and maintained by IBM. [2]
The Top 100 Contractors Report on the Federal Procurement Data System lists the top 100 defense contractors by sales to the United States Armed Forces and Department of Defense. ('DoD 9700' worksheet). [1]
In 1970, the United States government spent just over $80 billion on national defense. Over the next two decades, national defense spending increased steadily to around $300 billion per year. [11] Military spending fell in the 1990s, but increased markedly in the 2000s as a result of the War in Afghanistan and Iraq.
United States House Oversight Subcommittee on Government Operations and the Federal Workforce; United States House Oversight Subcommittee on Technology, Information Policy, Intergovernmental Relations and Procurement Reform; United States Senate Homeland Security Subcommittee on Contracting Oversight; USAspending.gov
The Office of Federal Procurement Policy (OFPP) is a component of the United States Office of Management and Budget (OMB), which is part of the Executive Office of the President of the United States (EOP).