The federal fiscal second quarter has, on average over the last several years, accounted for less than 25% of full year total procurement spending.
The chaos of this Q2 has industry watchers primed to scour quarterly data as soon as it’s complete.
So far, Q2 shows $54.6 billion in prime contract obligations as of March 28—but that data is mainly from civilian agencies because the Defense Department doesn’t fully report procurement for up to 90 days for national security reasons.
Fiscal 2025 second-quarter civilian agency spending is only slightly lower than fiscal 2024 Q2, $50.7 billion vs. $53.5 billion. ...