Fiscal Year 2024 Goals, Statistics, & Economic Impact
Achieving small business goals remains a top priority across the Federal Government for Fiscal Year 2024. The Army assigns a percentage of spending dollars to specific socioeconomic categories of small businesses.
The ACC-APG OSBP FY24 assigned small business goals are listed below.
FY24 Small Business Socioeconomic Category Goals
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Small Business (SB) – 28.00%
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Small Disadvantaged Business (SDB) — 12.49%
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Service-Disabled Veteran-Owned Small Business (SDVOSB) — 3.93%
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Women-Owned Small Business (WOSB) — 5.77%
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Historically Underutilized Business Zones (HUBZones) — 1.76%
FY23 APG Economic Impact
- APG workforce exceeds 20K people
- 6th largest employer in Maryland
- Largest employer in Harford County with over 39K positions and $2B in wages
- APG is the home to 6 Centers of Excellence, 11 major commands, and over 90 units and tenant activities
- APG had a $1.6 billion economic impact to Maryland and $687 million in Small Business obligations.
- In FY23, Army Contracting Command-APG executed over 15,000 contract actions and awarded $11.8 billion in contract obligations, $2.8 billion in Small Business obligations.
