Federal spending on IT contracts hit new high in 2018

Federal agencies spent a record-breaking $64.7 billion on IT contracts in fiscal year 2018, up 9.5 percent from the year prior, according to a Bloomberg Government analysis of data from the Federal Procurement Data System.

The Defense Department's IT contracts in 2018 were the highest ever at $33.8 billion, before adjusting for inflation — the highest its been since 2012, according to FedScoop.

Eight IT contract areas that saw growth across federal agencies in 2018:

  1. Technology services: $47.4 billion, up 10 percent
  2. Cybersecurity: $6.4 billion, up 6.7 percent
  3. Cloud services: $4.1 billion, up 9 percent among civilian agencies and 30 percent among defense agencies
  4. Digital services: $4.2 billion, up 17 percent
  5. Software engineering and agile development: $4.4 billion, up 7 percent
  6. Data analytics and business intelligence: $2.6 billion, up 24 percent
  7. Artificial intelligence: $592 million, up 74 percent
  8. Other transaction agreements: $4.2 billion, up 83 percent

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