How did Petroleum Refineries move between 2019 and 2024?

Between calendar 2019 and 2024, Petroleum Refineries climbed from #17 to #16 of 499 ranked industries (DRIFT); share of tracked industry dollars went from 1.28% to 1.40%.

How heavy is Petroleum Refineries within MFG?

Sector 32 (Manufacturing) placement uses the first two NAICS digits. Petroleum Refineries ranks #1 of 38 classified industries there (SECTOR-LED), taking 34.4% of $30.5B.

USAspending.gov · NAICS 324110 · Manufacturing

Petroleum Refineries

Name: Petroleum Refineries (NAICS 324110) - Federal Contract Data
Creator: PlainFedContract
License: https://creativecommons.org/licenses/by/4.0/

Top-third NAICS industry by calendar-2024 contract dollars — code 324110 in Manufacturing.

By PlainFedContract ·USAspending.gov source →

CY2024 awards: $10.5B
Corpus rank: #16 of 499
Award plate: PEAK
Sector: MFG · SECTOR-LED

Petroleum Refineries federal industry awards

Petroleum Refineries (NAICS 324110) ranks #16 of 499 tracked industries by calendar-2024 contract dollars at $10.5B.

Petroleum Refineries takes 34.4% of MFG sector dollars in the calendar-2024 window, a heavy share within its two-digit NAICS sector. See /methodology/#naics.

Year-over-year change, 2019–2024

Across the calendar years on file, Petroleum Refineries’s annual contract dollars fell from $12.7B in 2023 to $10.5B in 2024. 17.5% vs 2023 The strongest year on file is 2022 at $14.7B.

Petroleum Refineries annual contract dollars, calendar 2019-2024

Calendar-year prime contract obligations by action date (award types A-D). Annual figures use the same NAICS classification basis as the CY2024 headline above.

Source: USAspending.gov spending_by_category

How Petroleum Refineries leads the CY2024 industry award board

$10.5B · #16 of 499 by CY2024 industry awards , a top-third NAICS industry by calendar-2024 contract dollars (same board as the industries listing). See methodology.

$10.5B under NAICS 324110 · #16 of 499 , PEAK · MFG · SECTOR-LED · DRIFT. 2019→2024: 17→16 of 499 (1.28%→1.40% of tracked industry dollars) ; #1/38 in MFG. Nearest ABS peer: Pharmaceutical Preparation Manu… at $10.3B (PEAK).

Calendar-2024 actions under NAICS 324110 count as opportunity size, not firm revenue. This code carries a heavy share of its MFG sector window. Populations, lag, and NAICS/SBA rules: methodology.

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

Mega-scale industry peers nationwide

Cross-sector peers from the USAspending NAICS extract: nearest mega-scale calendar-2024 award dollars and nearest sector-weight share. Not recommendations.

Closest CY2024 award dollars

Pharmaceutical Preparation Manufacturing $10.3B
Other Heavy and Civil Engineering Construction $10.2B
Custom Computer Programming Services $10.9B
Research and Development in the Physical $9.6B
Ammunition (except Small Arms) Manufacturing $9.0B
Research and Development in the Physical $8.6B

Similar sector weight

Computer and Software Stores 34.9% · $224.2M
Software Publishers 33.5% · $6.2B
Other Support Activities for Air Transportation 35.3% · $7.1B
Couriers and Express Delivery Services 35.8% · $869.6M
Electric Power Distribution 32.8% · $961.7M
General Warehousing and Storage 31.8% · $773.9M

Disclaimer: Data from USAspending.gov public records. For informational purposes only. Industry spending amounts are aggregated from contract awards and may not reflect the most current data. Always verify with official sources.

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

Read our methodology - how this data is sourced, computed, and verified.

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

Compiled by PlainFedContract, Government Agencies Editorial Process · August 14, 2026

Publisher	PlainFedContract
Sources	Public official public datasets