USAspending.gov · NAICS 541712 · Professional, Scientific, and Technical Services
Research and Development in the Physical, Engineering, and Life Sciences (except Biotechnology)
Top-third NAICS industry by calendar-2024 contract dollars — code 541712 in Professional, Scientific, and Technical Services.
- CY2024 awards
- $9.6B
- Corpus rank
- #19 of 499
- Award plate
- PEAK
- Sector
- PROF · SLICE
Research and Development in… federal industry awards
Research and Development in the Physical, Engineering, and Life Sciences (except Biotechnology) (NAICS 541712) ranks #19 of 499 tracked industries by calendar-2024 contract dollars at $9.6B.
PlainFedContract reports USAspending.gov calendar-2024 awards under NAICS 541712. Stamp board: PEAK · PROF · SLIP. See /methodology/#naics.
Year-over-year change, 2019–2024
Across the calendar years on file, Research and Development in the Physical, Engineering, and Life Sciences (except Biotechnology)’s annual contract dollars fell from $10.9B in 2023 to $9.6B in 2024. 11.1% vs 2023 The strongest year on file is 2019 at $19.2B.
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.
How Research and Development in… leads the CY2024 industry award board
$9.6B · #19 of 499 by CY2024 industry awards , a top-third NAICS industry by calendar-2024 contract dollars (same board as the industries listing). See methodology.
$9.6B under NAICS 541712 · #19 of 499 , PEAK · PROF · SLICE · SLIP. 2019→2024: 7→19 of 499 (3.41%→1.29% of tracked industry dollars) ; #8/39 in PROF. That is a 12-place move over 5 years. Nearest ABS peer: Other Heavy at $10.2B (PEAK).
Calendar-2024 actions under NAICS 541712 count as opportunity size, not firm revenue. Sector weight sits in a mid band within PROF. 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
Similar sector weight
- Cheese Manufacturing 3.9% · $429.1M
- Communication Equipment Repair and Maintenance 4.1% · $199.0M
- Truck, Utility Trailer, 4.1% · $69.9M
- Computer Training 4.2% · $211.8M
- Computer and Office Machine Repair and Maintena… 3.8% · $183.7M
- Lessors of Residential Buildings and Dwellings 3.7% · $63.6M
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.
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Read our methodology - how this data is sourced, computed, and verified.