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GovSpend

Federal Research & Development Contracts

50.29% of total federal contract spending

Total Spending (FY2024)
$264.1B

Scientific research, technology development, laboratory operations, testing, and evaluation for federal agencies and military programs.

$264.1B
Total Obligations
503
Contractors
50.29%
Share of Total
Growing
Trend

Top Research & Development Contractors

Industry Outlook

Growing investment in AI, quantum computing, and advanced materials. The research & development sector accounts for 50.29% of all federal contract spending, distributed across 503 active contractors.

Federal Research & Development Contracts FAQ

The federal government obligated $264,133,762,241 on research & development contracts in FY2024, representing 50.29% of total federal contract spending across 503 contractors.

The largest federal research & development contractors include Ut-battelle LLC, The Regents of the University of California, Triad National Security, LLC. These companies receive the bulk of federal research & development spending.

The top agencies for research & development spending include Department of Defense, Department of Energy, NASA.

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.