DoD Forecast
The TechAmerica Foundation Vision Conference showcases the most comprehensive analysis of the future direction of Defense and Federal IT budgets available. By 2022 we expect the U. S. defense budget to be at a higher level by more than $50B from where we were in 2002. The Defense forecast is a combination of the base budget and OCO forecasts; it is dropping significantly due to our forecast of declining base budget and the end of the Overseas Contingency Operation funding.
Changes in DoD Forecast
The chart below delineates events that could potentially change the DoD forecast in an upward or downward direction. Absent an existential threat, pressures are on defense to go down further.
Federal IT Forecast
Our forecasts are recognized as the industry standard for predicting federal budget trends. We provide in-depth agency IT forecasts, including Defense by service. All agency presentations contain a chart detailing future budget trends. (Note forecast on this chart is in current dollars, i.e. includes inflation).
Federal IT Forecast Assumptions
After examining the inhibitors and drivers, we concluded that despite the downward pressures, IT spending will be flat over the 2012-2017 timeframe. IT will be leveraged to streamline government operations, increase productivity and achieve cost-savings. Upward pressure on IT spending will be counteracted by cost containment strategies & strategic sourcing.
