Skip to main content
GovSpend

Federal Defense & Weapons Contracts

99.06% of total federal contract spending

Total Spending (FY2024)
$520.3B

Military equipment, weapons systems, aircraft, ships, missiles, and defense-related manufacturing and maintenance contracts.

$520.3B
Total Obligations
469
Contractors
99.06%
Share of Total
Steady
Trend

Top Defense & Weapons Contractors

Industry Outlook

Steady growth driven by modernization programs and geopolitical tensions. The defense & weapons sector accounts for 99.06% of all federal contract spending, distributed across 469 active contractors.

Federal Defense & Weapons Contracts FAQ

The federal government obligated $520,301,841,761 on defense & weapons contracts in FY2024, representing 99.06% of total federal contract spending across 469 contractors.

The largest federal defense & weapons contractors include Lockheed Martin Corp., Lockheed Martin Corporation, The Boeing Company. These companies receive the bulk of federal defense & weapons spending.

The top agencies for defense & weapons spending include Department of Defense, Department of Energy, Department of Homeland Security.

Sources: USASpending.gov, Federal Procurement Data System
Last updated:

Industry categorization is based on Product and Service Code (PSC) classifications from the Federal Procurement Data System. Spending figures represent total federal obligations for FY2024.