USAspending.gov · federal agency · CY2024 · code 013

Department of Commerce (DOC)

Federal contract spending profile, contract obligations, budget authority and top contractors, from USAspending.gov.

Corpus rank
#15 of 65
Contract obligations (CY2024)
$5.3B
Budget authority
$51.0B
Agency
DOC

Year-over-year change, 2019–2024

Across the calendar years on file, Department of Commerce’s annual contract obligations rose from $5.0B in 2023 to $5.3B in 2024. 6.6% vs 2023 The strongest year on file is 2019 at $6.2B.

$3.5B$4B$4.5B$5B$5.5B$6B$6.5B 201920202021202220232024 $5.33B
Department of Commerce annual contract obligations, calendar 2019-2024

Calendar-year prime contract obligations by action date (award types A-D). Annual figures share the calendar-year basis of the CY2024 headline above; budget authority is a separate measure.

Source: USAspending.gov spending_by_category

How Department of Commerce leads the CY2024 obligation board

$5.3B · #15 of 65 by CY2024 contract obligations (top quartile nationally) - a top-third USAspending agency by calendar-2024 contract obligations (same board as the agencies listing). See methodology.

From calendar 2019 to 2024, Department of Commerce slipped from #11 to #15 of 66 agencies in the annual contract-obligation series. Its share of that year’s tracked agency total moved from 1.10% to 0.71%. Across the available annual series, its obligations ranged from $4.1B in 2022 to $6.2B in 2019, a 1.5x spread.

Lockheed Martin Corporation is the largest listed prime contractor at $294.2M, or 5.5% of this agency’s calendar-2024 obligation total. The table below shows the remaining named prime recipients in the extract. Contract obligations ($5.3B) are a thin slice of the $51.0B budget-authority ceiling - most of the legal authority is outside this contract window. Methodology documents the distinct populations and the Treasury source fields.

Source: USAspending.gov · U.S. Department of the Treasury

Nearby mega-scale agencies

Data-derived peers across the USAspending agency extract: nearest contract-obligation scale and nearest budget authority. Not recommendations or same-department siblings.

Disclaimer: Data from USAspending.gov public records. For informational purposes only. Contract amounts are aggregated and may not reflect the most current modifications or de-obligations. Always verify with official sources.

Next read: Top defense contractors guide · All agencies · Top contractors

Data sourced from official public datasets. See our methodology for details. Compiled from USAspending.gov by the PlainFedContract editorial process.