USAspending.gov · NAICS 541715 · Professional, Scientific, and Technical Services

Research and Development in the Physical, Engineering, and Life Sciences (except Nanotechnology and Biotechnology)

Top-third NAICS industry by calendar-2024 contract dollars — code 541715 in Professional, Scientific, and Technical Services.

CY2024 awards
$43.8B
Corpus rank
#4 of 499
Award plate
MEGA
Sector
PROF · WEIGHTY

Research and Development in… federal industry awards

Research and Development in the Physical, Engineering, and Life Sciences (except Nanotechnology and Biotechnology) (NAICS 541715) ranks #4 of 499 tracked industries by calendar-2024 contract dollars at $43.8B.

Research and Development in… takes 18.1% of PROF 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, Research and Development in the Physical, Engineering, and Life Sciences (except Nanotechnology and Biotechnology)’s annual contract dollars held roughly level from $44.2B in 2023 to $43.8B in 2024. 0.9% vs 2023 The strongest year on file is 2023 at $44.2B.

$10B$20B$30B$40B$50B 201920202021202220232024 $43.8B
Research and Development in the Physical, Engineering, and Life Sciences (except Nanotechnology and Biotechnology) 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 Research and Development in… leads the CY2024 industry award board

$43.8B · #4 of 499 by CY2024 industry awards , a top-third NAICS industry by calendar-2024 contract dollars (same board as the industries listing). See methodology.

$43.8B under NAICS 541715 · #4 of 499 , MEGA · PROF · WEIGHTY · CLIMBER. 2019→2024: 9→4 of 499 (3.03%→5.84% of tracked industry dollars) ; #2/39 in PROF. That is a 5-place move over 5 years. Nearest ABS peer: Direct Health at $44.3B (MEGA).

Calendar-2024 actions under NAICS 541715 count as opportunity size, not firm revenue. This code carries a heavy share of its PROF 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.

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