Federal Contracts

Which publicly listed companies the US government pays, and how much — matched from USASpending's award records to tickers by name.

FY2027 FY2026 FY2025 prime contract awards · top 600 recipients reviewed
CompanyFY2027 awardsvs FY2026IndustryMatched by
GD General Dynamics Corporation $60M -100% Ship & Boat Building & Repairing subsidiary
DGX Quest Diagnostics Incorporated $44M — Services-Medical Laboratories name
ABT Abbott Laboratories $38M — Pharmaceutical Preparations name
UPS United Parcel Service, Inc. $28M — Trucking & Courier Services (No Air) name
TMUS T-Mobile US, Inc. $14M — Radiotelephone Communications name
PLTR Palantir Technologies Inc. $6M -99% Services-Prepackaged Software name
MATW Matthews International Corporation $6M — Nonferrous Foundries (Castings) name
BSX Boston Scientific Corporation $5M — Surgical & Medical Instruments & Apparatus name
OMCL Omnicell, Inc. $5M — Electronic Computers name
AXON Axon Enterprise, Inc. $3M -98% Ordnance & Accessories, (No Vehicles/Guided Missiles) name
IBM International Business Machines Corporation $3M -100% Computer & Office Equipment name
PBI Pitney Bowes Inc. $2M — Office Machines, Nec name
BDX Becton, Dickinson and Company $2M — Surgical & Medical Instruments & Apparatus name
BMY Bristol-Myers Squibb Company $1M — Pharmaceutical Preparations name
MSI Motorola Solutions, Inc. $531,958 -100% Radio & TV Broadcasting & Communications Equipment name
BDSX Biodesix, Inc. $398,179 — Services-Medical Laboratories name

Amounts are obligations on prime contracts in the federal fiscal year, which runs October to September. Subcontracts are reported separately and are not included.

Where the money comes from

Awarding agencyTotal obligated, FY2027
Department of Veterans Affairs $2.0B
Department of Commerce $65M
Department of the Treasury $38M
General Services Administration $7M
Social Security Administration $5M
National Aeronautics and Space Administration $3M
Department of Agriculture $3M
Department of Justice $925,309
Environmental Protection Agency $588,164
Smithsonian Institution $466,631

Agency totals cover all recipients, listed or not — most federal contracting goes to private companies.

What the matching can and cannot do

USASpending identifies a recipient by name. There is no official mapping from a contractor's name to a stock ticker, so every row above is inference, and the matching is built to fail safe: a name is normalised and must resolve to exactly one listed security, or it is left out.

On the largest recipients that matches roughly one in five, and the misses divide into two honest categories. Many of the biggest federal contractors are private companies with no ticker to match — there is nothing to find. The rest are subsidiaries filing under their own name: Optum Public Sector Solutions is UnitedHealth's, Electric Boat is General Dynamics'. A short curated list covers the largest and least ambiguous of those, and those rows are marked subsidiary in the last column so you can tell which figures rest on a judgement rather than a name.

What this deliberately does not do is guess. Attributing a contract to the wrong listed company would be a claim that a business takes federal money when it does not, so an uncertain name is left unattributed and the totals here are understated by design.

Obligations are not revenue

An award obligates money; it does not mean the cash has been paid or the work done. A multi-year contract can be obligated in one year and delivered over five, so a large award is not a large quarter. Comparing these figures against a company's reported financials will not reconcile, and should not.

Why this sits next to congressional trading

The interesting question is not which companies hold federal contracts — that is well known. It is the overlap: which contractors also appear in the stock trades that members of Congress are required to disclose under the STOCK Act. Both datasets are on this site, both from primary sources, and the congressional disclosures can be filtered by ticker.

That is an observation to make carefully. A disclosed trade in a defence contractor is not evidence of anything on its own; most members hold broad portfolios and many trades are made by advisors under managed arrangements.

Where this comes from

USASpending.gov, the US Treasury's public record of federal spending, queried through its open API. Prime contract awards only. The rest of the section is on the Markets overview.