Federal contract market · NAICS 325412
Pharmaceutical Preparation Manufacturing (NAICS 325412): Federal Contract Market
Data through 2026-09-28 · FY2026 to date
- Obligations, FY2026 to date
- $13.3B
- Contract awards
- 15,403
- Average award size
- $861K
- vs. prior full fiscal year
- 1.4% growth
| Item | Obligations |
|---|---|
| FY21 | $19.5B |
| FY22 | $34.4B |
| FY23 | $12.8B |
| FY24 | $10.1B |
| FY25 | $13.1B |
| FY26 | $13.3B |
Obligations grew 1.4% year over year, from $13.1B in FY2025 to $13.3B in FY2026 to date.
Pharmaceutical Preparation Manufacturing recorded $13.3B in federal contract obligations for FY2026 to date. Award activity includes 15,403 obligations with an average award size of $861K. Obligations are up 1.4% year over year. Fiscal-year comparisons show a peak at $34.4B in FY22, with FY21 at $19.5B, FY23 at $12.8B, FY24 at $10.1B, and FY25 at $13.1B. The Department of Veterans Affairs is the dominant buyer with $12.3B in obligations for FY2026 to date. MCKESSON CORPORATION is the dominant vendor with $12.3B in obligations for FY2026 to date. Other meaningful buyers include the Department of Health and Human Services at $692M and the Department of Justice at $201M. Other notable vendors include EMERGENT BIOSOLUTIONS CANADA INC at $118M and PHLOW CORP. at $105M. This profile shows concentration in both buying and supplying within the NAICS 325412 federal market for the current fiscal year to date.
What happened to spending over time?
Fiscal-year obligations rose to $34.4B in FY22 and then fell to $12.8B in FY23. Obligations continued lower at $10.1B in FY24 and then moved up to $13.1B in FY25. Obligations are $13.3B for FY26 to date, representing an increase of up 1.4% year over year.
| Item | Obligations |
|---|---|
| Department of Veterans Affairs | $12.3B |
| Department of Health and Human Services | $692M |
| Department of Justice | $201M |
| Department of Defense | $64.8M |
| Department of Homeland Security | $22.2M |
| Department of Agriculture | $4.1M |
| Department of State | $701K |
| Peace Corps | $459K |
| Department of Commerce | $133K |
| Department of the Interior | $120K |
Department of Veterans Affairs was the top buyer, obligating $12.3B (92.6% of all obligations).
Who dominates buying and contracting in FY2026 to date?
The Department of Veterans Affairs obligated $12.3B for FY2026 to date. MCKESSON CORPORATION obligated $12.3B as the top vendor for FY2026 to date, with EMERGENT BIOSOLUTIONS CANADA INC at $118M and PHLOW CORP. at $105M following. The Department of Health and Human Services obligated $692M and the Department of Justice obligated $201M in FY2026 to date.
| Item | Obligations |
|---|---|
| MCKESSON CORPORATION | $12.3B |
| EMERGENT BIOSOLUTIONS CANADA INC | $118M |
| PHLOW CORP. | $105M |
| BAVARIAN NORDIC A/S | $97M |
| EXELAN PHARMACEUTICALS INC | $95.8M |
| DLA TROOP SUPPORT | $68.3M |
| MCKESSON SPECIALTY DISTRIBUTION LLC | $51.1M |
| PARTNER THERAPEUTICS, INC. | $50.2M |
| NOVARTIS PHARMACEUTICALS CORPORATION | $39.7M |
| PROGENICS PHARMACEUTICALS INC | $38.2M |
MCKESSON CORPORATION led all vendors with $12.3B in obligations, 92.7% of the market.
| Rank | Vendor | Obligations |
|---|---|---|
| 1 | MCKESSON CORPORATION | $12.3B |
| 2 | EMERGENT BIOSOLUTIONS CANADA INC | $118M |
| 3 | PHLOW CORP. | $105M |
| 4 | BAVARIAN NORDIC A/S | $97M |
| 5 | EXELAN PHARMACEUTICALS INC | $95.8M |
| 6 | DLA TROOP SUPPORT | $68.3M |
| 7 | MCKESSON SPECIALTY DISTRIBUTION LLC | $51.1M |
| 8 | PARTNER THERAPEUTICS, INC. | $50.2M |
| 9 | NOVARTIS PHARMACEUTICALS CORPORATION | $39.7M |
| 10 | PROGENICS PHARMACEUTICALS INC | $38.2M |
| Rank | Recipient | Award Amount | Awarding Agency |
|---|---|---|---|
| 1 | MCKESSON CORPORATION | $1.4B | Department of Veterans Affairs |
| 2 | MCKESSON CORPORATION | $1.4B | Department of Veterans Affairs |
| 3 | BAVARIAN NORDIC A/S | $1.3B | Department of Health and Human Services |
| 4 | MCKESSON CORPORATION | $1.2B | Department of Veterans Affairs |
| 5 | MCKESSON CORPORATION | $1.2B | Department of Veterans Affairs |
| 6 | MCKESSON CORPORATION | $1.2B | Department of Veterans Affairs |
| 7 | MCKESSON CORPORATION | $1.2B | Department of Veterans Affairs |
| 8 | MCKESSON CORPORATION | $1.2B | Department of Veterans Affairs |
| 9 | MCKESSON CORPORATION | $1.1B | Department of Veterans Affairs |
| 10 | MCKESSON CORPORATION | $1.1B | Department of Veterans Affairs |
| 11 | MCKESSON CORPORATION | $1.1B | Department of Veterans Affairs |
| 12 | PHLOW CORP. | $697M | Department of Health and Human Services |
| 13 | EMERGENT BIOSOLUTIONS CANADA INC | $422M | Department of Health and Human Services |
| 14 | EMERGENT BIOSOLUTIONS CANADA INC | $321M | Department of Health and Human Services |
| 15 | MCKESSON SPECIALTY DISTRIBUTION LLC | $204M | Department of Health and Human Services |
| 16 | MERCK SHARP & DOHME LLC | $156M | Department of Health and Human Services |
| 17 | CHARTWELL RX LLC | $145M | Department of Health and Human Services |
| 18 | PARTNER THERAPEUTICS, INC. | $134M | Department of Health and Human Services |
| 19 | ELUSYS THERAPEUTICS INC | $125M | Department of Health and Human Services |
| 20 | FRESENIUS KABI, LLC | $112M | Department of Health and Human Services |
| 21 | CHARTWELL RX LLC | $99M | Department of Health and Human Services |
| 22 | DLA TROOP SUPPORT | $93.5M | Department of Health and Human Services |
| 23 | DLA TROOP SUPPORT | $77.4M | Department of Health and Human Services |
| 24 | CANGENE CORPORATION | $63.3M | Department of Health and Human Services |
| 25 | INDIVIOR INC. | $55.2M | Department of Health and Human Services |
| Rank | Contract | Incumbent | Award Value | Awarding Agency | Ends |
|---|---|---|---|---|---|
| 1 | HHSO100201700019C | BAVARIAN NORDIC A/S | $1.3B | Department of Health and Human Services | 2027-09-26 |
| 2 | 75A50120C00092 | PHLOW CORP. | $697M | Department of Health and Human Services | 2027-01-13 |
| 3 | 75A50119C00037 | EMERGENT BIOSOLUTIONS CANADA INC | $422M | Department of Health and Human Services | 2027-03-30 |
| 4 | 75A50119C00075 | EMERGENT BIOSOLUTIONS CANADA INC | $321M | Department of Health and Human Services | 2027-03-30 |
| 5 | 75A50325F80013 | ALVOGEN, INC. | $228M | Department of Health and Human Services | 2027-06-29 |
| 6 | 75D30123C17978 | MCKESSON SPECIALTY DISTRIBUTION LLC | $204M | Department of Health and Human Services | 2027-01-31 |
| 7 | 75A50325F80009 | CHARTWELL RX LLC | $145M | Department of Health and Human Services | 2027-06-22 |
| 8 | 75A50323F80027 | PARTNER THERAPEUTICS, INC. | $134M | Department of Health and Human Services | 2027-03-29 |
| 9 | 75A50324C00015 | MERIDIAN MEDICAL TECHNOLOGIES, LLC | $82.2M | Department of Health and Human Services | 2026-09-29 |
| 10 | 75N98026C00026 | DLA TROOP SUPPORT | $77.4M | Department of Health and Human Services | 2027-04-09 |
| 11 | 75A50325F80014 | EXELAN PHARMACEUTICALS INC | $74.1M | Department of Health and Human Services | 2027-06-29 |
This is the free layer.
GovHub customers get the live version, filters, exports, and AI proposal drafting on top of this data.
No credit card required · 14-day free trial
Frequently asked questions
How much does the federal government spend on NAICS 325412?
Obligations are $13.3B for FY2026 to date. Total award activity includes 15,403 obligations with an average award size of $861K and year over year change up 1.4%.
Which agencies buy the most NAICS 325412 services?
The Department of Veterans Affairs buys the most, with obligations of $12.3B for FY2026 to date. The Department of Health and Human Services obligated $692M and the Department of Justice obligated $201M for FY2026 to date.
Who are the largest NAICS 325412 government contractors?
MCKESSON CORPORATION is the largest contractor, with obligations of $12.3B for FY2026 to date. EMERGENT BIOSOLUTIONS CANADA INC obligated $118M and PHLOW CORP. obligated $105M for FY2026 to date.
Found your market? GovHub writes the proposal.
Turn this market intelligence into a submitted, compliant federal proposal, faster.
No credit card required · 14-day free trial