Pentagon Buys Ozempic at Alarming Speed

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GovClose | Start Winning Government Contracts

Richard C. Howard

149 episodes

1 day ago

The single biggest purchaser of goods and services in the world is the US government. Learn the step by step process of winning government contracts from former procurement officer Lt Col (ret) Richard C. Howard. We cover: sam.gov, Other Transaction Authority (OTA), GSA, government contracting leads, small business, subcontracts, GWACS, sole source contracts, federal certifications including: 8(a), SDVOSB The GovClose Training Program: https://www.govclose.com Get the Government Contract Planner Free at: https://www.dodcontract.com Connect on LinkedIn: https://www.linkedin.com/in/govclose/

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Pentagon Buys Ozempic at Alarming Speed

GovClose | Start Winning Government Contracts

7 minutes 17 seconds

2 months ago

Pentagon Buys Ozempic at Alarming Speed

Get the GovClose Certification: https://www.govclose.com/sales-certification Free Book Download: https://www.dodcontract.com/In this video, former Air Force acquisitions officer Richard C. Howard (Lt Col Ret) breaks down a surprising new procurement trend: the Department of Defense quietly spending millions on GLP-1 weight loss drugs like Ozempic.We cover:The explosive year-over-year growth in military spending on these drugs.Why the Pentagon is buying them and which agencies are involved.The role of sole source contracting and patents in this space.Policy drivers like VA and Tricare coverage.How small businesses can position themselves for opportunities through subcontracting and partnerships.If you want to start your own consulting business in government contracting, land a high-paying public sector sales role, or scale your company’s government sales pipeline—visit https://govclose.comAnd follow me on LinkedIn for free live training and insights: https://www.linkedin.com/in/govclose/Timestamps / Chapters00:00 – Pentagon spending on GLP-1 drugs: What’s driving demand?00:30 – $123M in GLP-1 contracts: Why these numbers matter01:15 – Why average number of offers is only one (sole source explained)01:45 – Who is Rick Howard? Military acquisitions background02:15 – Ozempic and GLP-1 drugs: Why the Pentagon is buying them02:45 – How government contracting data reveals hidden trends03:00 – Who’s actually buying? DLA Troop Support in Philadelphia03:30 – Why government sales is different from B2B or B2C04:00 – Why knowing the exact buyer office is critical in federal sales04:30 – Breaking down products vs. services in GLP-1 procurement04:45 – Policy drivers: VA, Medicare, and Tricare coverage of GLP-1 drugs05:45 – Why Pentagon spending is just a “flash in the pan” compared to industry revenues06:00 – The real opportunity: growth rate + procurement structure06:15 – How contractors can find second- and third-order opportunities06:30 – Prime vs. subcontracting: positioning for success in federal contracting07:00 – Preview of next video: Cybersecurity procurement trends#GLP-1 drugs in #governmentcontracting #ozempic DOD spending, #pentagon