Federal contract market · NAICS 541715

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

Data through 2026-08-19 · FY2026 to date

Obligations, FY2026 to date
$31.3B
Contract awards
14,231
Average award size
$2.2M
vs. prior full fiscal year
32.3% decline
Obligations by fiscal year
Obligations by fiscal year $0 $13B $25.9B $38.9B $51.9B FY21 FY22 FY23 FY24 FY25 FY26 $31.3B
Obligations by fiscal year
ItemObligations
FY21$29B
FY22$35B
FY23$42.6B
FY24$43.2B
FY25$46.3B
FY26$31.3B

Obligations fell 32.3% year over year, from $46.3B in FY2025 to $31.3B in FY2026 to date.

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Research and Development in the Physical, Engineering, and Life Sciences (NAICS 541715) has $31.3B in federal contract obligations for FY2026 to date. The market has recorded 14,231 awards with an average award size of $2.2M, and obligations fell 32.3% year over year. Fiscal-year history shows a peak run from FY21 through FY25, with FY21 at $29B, FY22 at $35B, FY23 at $42.6B, FY24 at $43.2B, and FY25 at $46.3B before the current FY26 total of $31.3B. The Department of Defense is the largest buyer with $21B in obligations, followed by the National Aeronautics and Space Administration with $4.3B and the Department of Energy with $3.5B. FLUOR MARINE PROPULSION, LLC is the largest vendor at $4B, followed by CALIFORNIA INSTITUTE OF TECHNOLOGY at $1.8B and THE JOHNS HOPKINS UNIVERSITY APPLIED PHYSICS LABORATORY LLC at $1.3B. This snapshot covers contract obligations only and reflects fiscal year to date totals that are partial for the current year.

How did obligations change year over year?

Obligations fell 32.3% year over year. Fiscal history shows FY25 obligations of $46.3B and FY26 obligations of $31.3B. The drop follows several prior years of growth from $29B in FY21 to $46.3B in FY25.

Top 10 buying agencies, FY2026 to date
Top 10 buying agencies, FY2026 to date 1 Department of Defense $21B 2 National Aeronautics and Space Administration $4.3B 3 Department of Energy $3.5B 4 General Services Administration $1.1B 5 Department of Health and Human Services $923M 6 Department of Homeland Security $160M 7 Department of Commerce $97.1M 8 Department of Transportation $74.2M 9 Department of the Interior $59.5M 10 Department of Agriculture $41.8M
Top 10 buying agencies, FY2026 to date
ItemObligations
Department of Defense$21B
National Aeronautics and Space Administration$4.3B
Department of Energy$3.5B
General Services Administration$1.1B
Department of Health and Human Services$923M
Department of Homeland Security$160M
Department of Commerce$97.1M
Department of Transportation$74.2M
Department of the Interior$59.5M
Department of Agriculture$41.8M

Department of Defense was the top buyer, obligating $21B (66.9% of all obligations).

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Who are the biggest buyers and vendors right now?

The Department of Defense is the largest buyer with $21B in obligations, followed by the National Aeronautics and Space Administration with $4.3B and the Department of Energy with $3.5B. FLUOR MARINE PROPULSION, LLC is the top vendor at $4B, with CALIFORNIA INSTITUTE OF TECHNOLOGY at $1.8B and THE JOHNS HOPKINS UNIVERSITY APPLIED PHYSICS LABORATORY LLC at $1.3B.

Top 10 vendors, FY2026 to date
Top 10 vendors, FY2026 to date 1 FLUOR MARINE PROPULSION, LLC $4B 2 CALIFORNIA INSTITUTE OF TECHNOLOGY $1.8B 3 THE JOHNS HOPKINS UNIVERSITY APPLIED PHYSICS LABORATORY … $1.3B 4 THE AEROSPACE CORPORATION $1.1B 5 LOCKHEED MARTIN CORPORATION $979M 6 LOCKHEED MARTIN CORP $913M 7 LOCKHEED MARTIN CORPORATION $888M 8 FERMI FORWARD DISCOVERY GROUP, LLC $762M 9 LOCKHEED MARTIN CORP $714M 10 THE MITRE CORPORATION $689M
Top 10 vendors, FY2026 to date
ItemObligations
FLUOR MARINE PROPULSION, LLC$4B
CALIFORNIA INSTITUTE OF TECHNOLOGY$1.8B
THE JOHNS HOPKINS UNIVERSITY APPLIED PHYSICS LABORATORY LLC$1.3B
THE AEROSPACE CORPORATION$1.1B
LOCKHEED MARTIN CORPORATION$979M
LOCKHEED MARTIN CORP$913M
LOCKHEED MARTIN CORPORATION$888M
FERMI FORWARD DISCOVERY GROUP, LLC$762M
LOCKHEED MARTIN CORP$714M
THE MITRE CORPORATION$689M

FLUOR MARINE PROPULSION, LLC led all vendors with $4B in obligations, 12.7% of the market.

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Top 10 vendors
RankVendorObligations
1 FLUOR MARINE PROPULSION, LLC $4B
2 CALIFORNIA INSTITUTE OF TECHNOLOGY $1.8B
3 THE JOHNS HOPKINS UNIVERSITY APPLIED PHYSICS LABORATORY LLC $1.3B
4 THE AEROSPACE CORPORATION $1.1B
5 LOCKHEED MARTIN CORPORATION $979M
6 LOCKHEED MARTIN CORP $913M
7 LOCKHEED MARTIN CORPORATION $888M
8 FERMI FORWARD DISCOVERY GROUP, LLC $762M
9 LOCKHEED MARTIN CORP $714M
10 THE MITRE CORPORATION $689M
Largest awards, FY2026 to date
RankRecipientAward AmountAwarding Agency
1 FLUOR MARINE PROPULSION, LLC $14.8B Department of Energy
2 FLUOR MARINE PROPULSION, LLC $14.7B Department of Defense
3 THE AEROSPACE CORPORATION $8.7B Department of Defense
4 LOCKHEED MARTIN CORP $7.5B Department of Defense
5 LOCKHEED MARTIN CORPORATION $5.1B 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. $3.1B National Aeronautics and Space Administration
9 CALIFORNIA INSTITUTE OF TECHNOLOGY $3B National Aeronautics and Space Administration
10 LOCKHEED MARTIN CORP $2.5B Department of Defense
11 FERMI FORWARD DISCOVERY GROUP, LLC $2.5B Department of Energy
12 BLUE ORIGIN MANUFACTURING, LLC $2B National Aeronautics and Space Administration
13 AMENTUM TECHNOLOGY, INC. $2B National Aeronautics and Space Administration
14 LOCKHEED MARTIN CORPORATION $1.8B Department of Defense
15 LEIDOS BIOMEDICAL RESEARCH INC $1.8B Department of Health and Human Services
16 CALIFORNIA INSTITUTE OF TECHNOLOGY $1.6B National Aeronautics and Space Administration
17 BATTELLE SAVANNAH RIVER ALLIANCE, LLC $1.6B Department of Energy
18 CALIFORNIA INSTITUTE OF TECHNOLOGY $1.5B National Aeronautics and Space Administration
19 LOCKHEED MARTIN CORPORATION $1.5B Department of Defense
20 LOCKHEED MARTIN CORPORATION $1.5B Department of Defense
21 LOCKHEED MARTIN CORPORATION $1.3B Department of Defense
22 THE JOHNS HOPKINS UNIVERSITY APPLIED PHYSICS LABORATORY LLC $1.3B National Aeronautics and Space Administration
23 CALIFORNIA INSTITUTE OF TECHNOLOGY $1.3B National Aeronautics and Space Administration
24 PARSONS GOVERNMENT SERVICES INC. $1.2B Department of Defense
25 LEIDOS, INC. $1B Department of Energy
Contracts expiring in the next 12 months
RankContractIncumbentAward ValueAwarding AgencyEnds
1 80MSFC18C0011 AMENTUM TECHNOLOGY, INC. $2B National Aeronautics and Space Administration 2026-11-30
2 N0001922C0041 LOCKHEED MARTIN CORPORATION $1.8B Department of Defense 2027-03-31
3 FA868118C0021 LOCKHEED MARTIN CORPORATION $1.3B Department of Defense 2026-08-31
4 FA880819C0006 LINQUEST CORPORATION $678M Department of Defense 2027-02-26
5 FA862025FB072 AEVEX AEROSPACE, LLC $646M Department of Defense 2026-09-30
6 W56KGU25F0015 THE MITRE CORPORATION $592M Department of Defense 2026-12-31
7 HR001124C0304 LOCKHEED MARTIN CORPORATION $576M Department of Defense 2027-04-30
8 47QFCA23F0024 PARSONS GOVERNMENT SERVICES INC. $527M General Services Administration 2027-04-26
9 47QFCA23F0014 BOOZ ALLEN HAMILTON INC $499M General Services Administration 2027-02-23
10 47QFCA24C0003 DELOITTE CONSULTING LLP $493M General Services Administration 2027-07-14
11 FA807522F0030 CACI, INC. - FEDERAL $479M Department of Defense 2027-05-04
12 80GSFC20C0044 SCIENCE SYSTEMS AND APPLICATIONS, INC. $467M National Aeronautics and Space Administration 2027-03-31
13 80NM0018F0652 CALIFORNIA INSTITUTE OF TECHNOLOGY $393M National Aeronautics and Space Administration 2027-01-31
14 47QFCA20C0019 KRATOS S2, INC $363M General Services Administration 2026-12-10
15 75N91025F00016 LEIDOS BIOMEDICAL RESEARCH INC $342M Department of Health and Human Services 2026-08-30

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Frequently asked questions

How much does the federal government spend on NAICS 541715?

The federal government spends $31.3B on NAICS 541715 in FY2026 to date. The market had 14,231 awards with an average award size of $2.2M, and obligations fell 32.3% year over year compared with prior fiscal-year totals.

Which agencies buy the most NAICS 541715 services?

The Department of Defense buys the most NAICS 541715 services, with $21B in obligations. Other top buyers are the National Aeronautics and Space Administration with $4.3B and the Department of Energy with $3.5B.

Who are the largest NAICS 541715 government contractors?

FLUOR MARINE PROPULSION, LLC is the largest NAICS 541715 government contractor at $4B. Other large contractors include CALIFORNIA INSTITUTE OF TECHNOLOGY at $1.8B and THE JOHNS HOPKINS UNIVERSITY APPLIED PHYSICS LABORATORY LLC at $1.3B.

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