Expand mobile version menu
  Skip to main content

Purchasing Manager

salary graphic

AVG. SALARY

$117,050

education graphic

EDUCATION

Bachelor's degree or higher +

job outlook graphic

JOB OUTLOOK

Stable

Military Options

Get paid to get a career. That's what the military can offer you. Take a moment to review related potential military careers.

Acquisitions and Contracts Managers (Officer)

Opportunities

Acquisitions and contracts managers are responsible for preparing and coordinating every task involved in the planning, development, and implementation of procurement programs. They provide management, technical expertise, and supervision to ensure successful development of defense acquisition programs and accomplishment of desired outcomes. They are responsible for analyzing purchase requests and performing cost or price analyses. They evaluate contract proposals, award and administer contracts, and evaluate contractor performance.


Training Provided

Acquisitions and contracts managers may have an education background in finance or accounting. Job training for acquisitions and contracts managers primarily consists of on-the-job learning in various training environments.

  • Purchasing and accounting procedures
  • Use of computers in contract administration
  • Supply and financial management

Officers typically enter the Military after they have completed a four-year college degree; enlisted service members can transition to officer positions through a variety of pathways and earn a degree while serving. Officers complete a comprehensive training program covering responsibilities, military structure and etiquette, traditions, and leadership development.


Earnings

Officers in the military can progress through ten officer pay grades during their careers. Pay grade and length of service determine an officer's pay. Most newly commissioned officers begin at pay grade O-1 ($3826/month basic pay in 2024). With certain professional qualifications, officers may enter at a higher pay grade. After two years, officers generally move up to O-2 ($5021/month basic pay in 2024). After an additional two years, the military generally promotes officers to O-3 ($6806/month basic pay in 2024) if job performance and other requirements are met. Cost-of-living increases usually occur once a year. Many officers and their families live free of charge in military housing on the base where they are assigned. Those living off base receive a housing allowance in addition to their basic pay. Officers also receive a monthly food allowance. These allowances, and associated tax savings, are substantial additions to basic pay. Other employment benefits for military officers include free health care, 30 days paid vacation each year, legal assistance, education assistance, military store privileges, and an excellent retirement program.


Services offering this occupation

Air Force


Army


Coast Guard


Marine Corps


Navy


Space Force


Powered by XAP

© 2010 - XAP


OCAP believes that financial literacy and understanding the financial aid process are critical aspects of college planning and student success. OCAP staff who work with students, parents, educators and community partners in the areas of personal finance education, state and federal financial aid, and student loan management do not provide financial, investment, legal, and/or tax advice. This website and all information provided is for general educational purposes only, and is not intended to be construed as financial, investment, legal, and/or tax advice.