Federal contract spending key findings

Key findings

Standalone, citable statements with populations labeled. Reuse with attribution to PlainFedContract.

• $740.8B is complete FY2024 federal prime-award obligations in PlainFedContract's national fiscal-year series (USAspending spending_over_time). This is one population; it is not the sum of lifetime contractor totals below. Partial FY2025 trend slice: $156.7B (incomplete year, excluded from the complete FY2024 headline).
• 5,000 contractors carry lifetime obligation totals from the USAspending /recipient/ endpoint in this registry. Lifetime recipient totals are a separate population from any single fiscal-year pool; do not divide one contractor's lifetime total by FY2024 obligations.
• 111 federal agencies appear in the calendar-2024 action-date category extract that powers agency pages. Agency obligation ranks describe that category window, not necessarily the same vintage as the FY2024 national series.
• $63.4B Lockheed Martin Corp ranks first by lifetime recipient obligations in this extract ($63.4B). USAspending may split one corporate family across multiple recipient rows; this is the top row in PlainFedContract's table, not a consolidated corporate group.
• 27.4% of the top-10 lifetime recipient pool sits with the largest single row (Lockheed Martin Corp, $63.4B). The share uses lifetime /recipient/ totals only; it is not a FY2024 concentration metric.
• $456.0B Department of Defense leads agency pages in the calendar-2024 category window at $456.0B in reported obligations. Compare agency ranks only within that category extract.
• $111.4B Virginia leads place-of-performance state pages in the calendar-2024 category window at $111.4B. State totals describe where work was performed in that window, not contractor headquarters counts.
• $53.9B Engineering Services leads NAICS industry pages in the calendar-2024 category window at $53.9B. Industry rows follow NAICS assignment on solicitations, not every product line a contractor sells.