The cyber domain has become more influential than ever before, bringing about new capabilities and new threats. To keep up with constant developments in the cyber realm, the public sector has ramped up its investments in cyber to protect civilians, empower military forces and gain an advantage in the complex domain.
Federal efforts to embrace the benefits and address the challenges of cyberspace are reflected through spending. In March, President Biden released his budget for fiscal year 2024, which allocates $12.7 billion to civilian agency cybersecurity spending – a 13 percent increase from the previous year. The Department of Defense has also allotted a significant portion of its budget to cyber, with $13.5 billion of its budget request being reserved for cyber initiatives.
For an in-depth look into the cyber landscape, the Potomac Officers Club is hosting its 2023 Cyber Summit on June 8. During this collection of vibrant speeches and rigorous panel discussions surrounding the cyber domain, you will have the opportunity to hear from experts in the field, grow your network and expand your knowledge of the current cyber contracting environment, which is growing in harmony with developments in cyberspace.
One major player in cyber exploration is the Department of the Air Force, which has released several available contract opportunities, including an opportunity valued at $808.5 million. Under the Air Force Research Laboratory’s Trusted and Elastic Military Platforms and Electronic Warfare System Technologies contract, a future awardee will explore and develop methodologies, tools, techniques and capabilities to detect and patch vulnerabilities in avionics systems and defend them from cyberattacks while developing new technologies.
Another potential Air Force cyber contract is the potential $48.7 million Mission Autonomy for Air and Space Systems opportunity, which expects its winner to develop multi-domain, multi-platform, multi-scale technologies to apply modern capabilities to a variety of mission operations, one of which is cyber.
Also embracing cyber is the Department of Commerce, which recently issued a draft solicitation for the $125 million National Institute of Standards and Technology Cybersecurity and Privacy Support Services contract. The planned multiple-award, indefinite-delivery/indefinite-quantity contract will expect its awardees to advise on the development of standards, guidelines and research documents related to cybersecurity and privacy.
These opportunities are just three of the many anticipated future contracts you can learn more about at our 2023 Cyber Summit. To register and access the benefits the event has to offer, click here.
Click here to see more contract opportunities and additional research from the Potomac Officers Club team.
