Federal contract market · NAICS 541715

Research and Development in the Physical, Engineering, and Life Sciences (NAICS 541715): Federal Contract Market

Data through 2026-09-28 · FY2026 to date

Obligations, FY2026 to date
$40.4B
Contract awards
16,353
Average award size
$2.5M
vs. prior full fiscal year
12.8% decline
Obligations by fiscal year
Obligations by fiscal year $0 $13B $26B $39B $52B FY21 FY22 FY23 FY24 FY25 FY26 $40.4B
Obligations by fiscal year
ItemObligations
FY21$29B
FY22$35B
FY23$42.6B
FY24$43.2B
FY25$46.4B
FY26$40.4B

Obligations fell 12.8% year over year, from $46.4B in FY2025 to $40.4B in FY2026 to date.

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Research and Development in the Physical, Engineering, and Life Sciences (NAICS 541715) recorded $40.4B in federal contract obligations for FY2026 to date. The market includes 16,353 awards with an average award size of $2.5M. Obligations fell 12.8% year over year. Obligations rose from $29B in FY21 to $35B in FY22, $42.6B in FY23, $43.2B in FY24, and $46.4B in FY25 before moving to $40.4B in FY26. The Department of Defense obligated $27.4B and is the largest buyer, followed by the National Aeronautics and Space Administration at $5.6B and the Department of Energy at $3.6B. FLUOR MARINE PROPULSION, LLC received $4.3B, and CALIFORNIA INSTITUTE OF TECHNOLOGY received $2.1B. LOCKHEED MARTIN CORPORATION, RAYTHEON COMPANY, and THE JOHNS HOPKINS UNIVERSITY APPLIED PHYSICS LABORATORY LLC each received $1.7B. Other top vendors include LOCKHEED MARTIN CORPORATION at $1.2B, THE AEROSPACE CORPORATION at $1.1B, LOCKHEED MARTIN CORP at $968M, THE MITRE CORPORATION at $887M, and LOCKHEED MARTIN CORP at $816M. Current-year totals are partial (fiscal year to date).

How has federal spending for NAICS 541715 changed over recent years?

Obligations rose from $29B in FY21 to $46.4B in FY25, then moved to $40.4B in FY26 to date. Obligations fell 12.8% year over year between the latest reporting periods. The FY21 through FY26 series shows the peak in FY25 and the subsequent pullback in FY26.

Top 10 buying agencies, FY2026 to date
Top 10 buying agencies, FY2026 to date 1 Department of Defense $27.4B 2 National Aeronautics and Space Administration $5.6B 3 Department of Energy $3.6B 4 General Services Administration $1.6B 5 Department of Health and Human Services $1.4B 6 Department of Homeland Security $262M 7 Department of Commerce $160M 8 Department of Transportation $121M 9 Department of the Interior $80.3M 10 Department of Agriculture $47.5M
Top 10 buying agencies, FY2026 to date
ItemObligations
Department of Defense$27.4B
National Aeronautics and Space Administration$5.6B
Department of Energy$3.6B
General Services Administration$1.6B
Department of Health and Human Services$1.4B
Department of Homeland Security$262M
Department of Commerce$160M
Department of Transportation$121M
Department of the Interior$80.3M
Department of Agriculture$47.5M

Department of Defense was the top buyer, obligating $27.4B (67.8% of all obligations).

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Who are the biggest buyers and contractors in NAICS 541715 right now?

The Department of Defense obligated $27.4B in FY2026 to date, making it the largest buyer. The National Aeronautics and Space Administration obligated $5.6B and the Department of Energy obligated $3.6B. FLUOR MARINE PROPULSION, LLC is the largest vendor with $4.3B, and CALIFORNIA INSTITUTE OF TECHNOLOGY follows with $2.1B, with multiple other vendors listed at $1.7B, $1.2B, $1.1B, $968M, $887M, and $816M.

Top 10 vendors, FY2026 to date
Top 10 vendors, FY2026 to date 1 FLUOR MARINE PROPULSION, LLC $4.3B 2 CALIFORNIA INSTITUTE OF TECHNOLOGY $2.1B 3 LOCKHEED MARTIN CORPORATION $1.7B 4 RAYTHEON COMPANY $1.7B 5 THE JOHNS HOPKINS UNIVERSITY APPLIED PHYSICS LABORATORY … $1.7B 6 LOCKHEED MARTIN CORPORATION $1.2B 7 THE AEROSPACE CORPORATION $1.1B 8 LOCKHEED MARTIN CORP $968M 9 THE MITRE CORPORATION $887M 10 LOCKHEED MARTIN CORP $816M
Top 10 vendors, FY2026 to date
ItemObligations
FLUOR MARINE PROPULSION, LLC$4.3B
CALIFORNIA INSTITUTE OF TECHNOLOGY$2.1B
LOCKHEED MARTIN CORPORATION$1.7B
RAYTHEON COMPANY$1.7B
THE JOHNS HOPKINS UNIVERSITY APPLIED PHYSICS LABORATORY LLC$1.7B
LOCKHEED MARTIN CORPORATION$1.2B
THE AEROSPACE CORPORATION$1.1B
LOCKHEED MARTIN CORP$968M
THE MITRE CORPORATION$887M
LOCKHEED MARTIN CORP$816M

FLUOR MARINE PROPULSION, LLC led all vendors with $4.3B in obligations, 10.5% of the market.

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Top 10 vendors
RankVendorObligations
1 FLUOR MARINE PROPULSION, LLC $4.3B
2 CALIFORNIA INSTITUTE OF TECHNOLOGY $2.1B
3 LOCKHEED MARTIN CORPORATION $1.7B
4 RAYTHEON COMPANY $1.7B
5 THE JOHNS HOPKINS UNIVERSITY APPLIED PHYSICS LABORATORY LLC $1.7B
6 LOCKHEED MARTIN CORPORATION $1.2B
7 THE AEROSPACE CORPORATION $1.1B
8 LOCKHEED MARTIN CORP $968M
9 THE MITRE CORPORATION $887M
10 LOCKHEED MARTIN CORP $816M
Largest awards, FY2026 to date
RankRecipientAward AmountAwarding Agency
1 FLUOR MARINE PROPULSION, LLC $15B Department of Defense
2 FLUOR MARINE PROPULSION, LLC $14.8B Department of Energy
3 THE AEROSPACE CORPORATION $8.6B Department of Defense
4 LOCKHEED MARTIN CORP $7.5B Department of Defense
5 LOCKHEED MARTIN CORPORATION $5.3B Department of Defense
6 LOCKHEED MARTIN CORP $4B Department of Defense
7 NORTHROP GRUMMAN SYSTEMS CORPORATION $3.5B Department of Defense
8 SPACE EXPLORATION TECHNOLOGIES CORP. $3.2B National Aeronautics and Space Administration
9 CALIFORNIA INSTITUTE OF TECHNOLOGY $3B National Aeronautics and Space Administration
10 LOCKHEED MARTIN CORP $2.6B Department of Defense
11 FERMI FORWARD DISCOVERY GROUP, LLC $2.5B Department of Energy
12 BLUE ORIGIN MANUFACTURING, LLC $2.2B National Aeronautics and Space Administration
13 AMENTUM TECHNOLOGY, INC. $2B National Aeronautics and Space Administration
14 LOCKHEED MARTIN CORPORATION $1.9B Department of Defense
15 LEIDOS BIOMEDICAL RESEARCH INC $1.8B Department of Health and Human Services
16 BATTELLE SAVANNAH RIVER ALLIANCE, LLC $1.6B Department of Energy
17 CALIFORNIA INSTITUTE OF TECHNOLOGY $1.6B National Aeronautics and Space Administration
18 CALIFORNIA INSTITUTE OF TECHNOLOGY $1.6B National Aeronautics and Space Administration
19 RAYTHEON COMPANY $1.6B Department of Defense
20 LOCKHEED MARTIN CORPORATION $1.5B Department of Defense
21 LOCKHEED MARTIN CORPORATION $1.5B Department of Defense
22 THE JOHNS HOPKINS UNIVERSITY APPLIED PHYSICS LABORATORY LLC $1.3B National Aeronautics and Space Administration
23 LOCKHEED MARTIN CORPORATION $1.3B Department of Defense
24 CALIFORNIA INSTITUTE OF TECHNOLOGY $1.3B National Aeronautics and Space Administration
25 LOCKHEED MARTIN CORPORATION $1.2B Department of Defense
Contracts expiring in the next 12 months
RankContractIncumbentAward ValueAwarding AgencyEnds
1 N0003019C0025 LOCKHEED MARTIN CORP $4B Department of Defense 2026-09-30
2 80MSFC18C0011 AMENTUM TECHNOLOGY, INC. $2B National Aeronautics and Space Administration 2027-05-31
3 N0001922C0041 LOCKHEED MARTIN CORPORATION $1.9B Department of Defense 2027-03-31
4 FA880819C0006 LINQUEST CORPORATION $690M Department of Defense 2027-02-26
5 W31P4Q19C0058 LOCKHEED MARTIN CORPORATION $688M Department of Defense 2027-09-13
6 W56KGU25F0015 THE MITRE CORPORATION $671M Department of Defense 2026-12-31
7 FA862025FB072 AEVEX AEROSPACE, LLC $646M Department of Defense 2026-12-31
8 47QFCA24C0003 DELOITTE CONSULTING LLP $617M General Services Administration 2027-07-14
9 47QFCA23F0014 BOOZ ALLEN HAMILTON INC $536M General Services Administration 2027-02-23
10 47QFCA23F0024 PARSONS GOVERNMENT SERVICES INC. $535M General Services Administration 2027-04-26
11 HQ014719C0005 NORTHROP GRUMMAN SYSTEMS CORPORATION $496M Department of Defense 2027-09-19
12 80GSFC20C0044 SCIENCE SYSTEMS AND APPLICATIONS, INC. $493M National Aeronautics and Space Administration 2027-03-31
13 75N91025F00016 LEIDOS BIOMEDICAL RESEARCH INC $484M Department of Health and Human Services 2027-08-30
14 FA807522F0030 CACI, INC. - FEDERAL $484M Department of Defense 2027-05-04
15 80GSFC21CA007 AERODYNE-SGT ENGINEERING SERVICES, LLC $436M National Aeronautics and Space Administration 2027-09-13

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Frequently asked questions

How much does the federal government spend on NAICS 541715?

The federal government has obligated $40.4B to NAICS 541715 in FY2026 to date. The market includes 16,353 awards and an average award size of $2.5M. Obligations rose from $29B in FY21 to a peak of $46.4B in FY25 before moving to $40.4B in FY26, and obligations fell 12.8% year over year.

Which agencies buy the most NAICS 541715 services?

The Department of Defense is the largest buyer, obligating $27.4B in FY2026 to date. The National Aeronautics and Space Administration obligated $5.6B and the Department of Energy obligated $3.6B. Other buyers in the top ten include the General Services Administration at $1.6B and the Department of Health and Human Services at $1.4B.

Who are the largest NAICS 541715 government contractors?

FLUOR MARINE PROPULSION, LLC is the largest contractor with $4.3B in obligations in FY2026 to date. CALIFORNIA INSTITUTE OF TECHNOLOGY is the next largest with $2.1B, followed by LOCKHEED MARTIN CORPORATION, RAYTHEON COMPANY, and THE JOHNS HOPKINS UNIVERSITY APPLIED PHYSICS LABORATORY LLC each at $1.7B, and other top vendors at $1.2B, $1.1B, $968M, $887M, and $816M.

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