Federal Contracts

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

FY2026 FY2025 prime contract awards · top 600 recipients reviewed
CompanyFY2026 awardsvs FY2025IndustryMatched by
LMT Lockheed Martin Corporation $45.1B -39% Guided Missiles & Space Vehicles & Parts name
BA The Boeing Company $26.2B +20% Aircraft name
RTX RTX Corporation $21.7B -26% Aircraft Engines & Engine Parts name
UNH UnitedHealth Group Incorporated Common Stock (DE) $19.9B -11% Hospital & Medical Service Plans subsidiary
GD General Dynamics Corporation $17.6B -38% Ship & Boat Building & Repairing subsidiary
MCK McKesson Corporation $12.3B +3% Wholesale-Drugs, Proprietaries & Druggists' Sundries name
NOC Northrop Grumman Corporation $10.2B -15% Search, Detection, Navagation, Guidance, Aeronautical Sys subsidiary
HUM Humana Inc. $5.6B -14% Hospital & Medical Service Plans subsidiary
COR Cencora, Inc. $5.6B -24% Wholesale-Drugs, Proprietaries & Druggists' Sundries subsidiary
BAH Booz Allen Hamilton Holding Corporation $5.5B -25% Services-Management Consulting Services name
LDOS Leidos Holdings, Inc. $5.3B -24% Services-Computer Integrated Systems Design name
SAIC Science Applications International Corporation $3.3B -26% Services-Computer Integrated Systems Design name
IBM International Business Machines Corporation $890M -37% Computer & Office Equipment name
LHX L3Harris Technologies, Inc. $858M -40% Search, Detection, Navagation, Guidance, Aeronautical Sys name
PSX Phillips 66 $656M +2% Petroleum Refining name
F Ford Motor Company $653M +38% Motor Vehicles & Passenger Car Bodies name
GM General Motors Company $644M +129% Motor Vehicles & Passenger Car Bodies name
GVA Granite Construction Incorporated $600M +149% Heavy Construction Other Than Bldg Const - Contractors name
MPC Marathon Petroleum Corporation $531M -2% Petroleum Refining name
AVAV AeroVironment, Inc. $511M +3% Aircraft name
CXW CoreCivic, Inc. $443M +12% Real Estate Investment Trusts name
MSFT Microsoft Corporation $437M -18% Services-Prepackaged Software name
HON Honeywell International Inc. $433M -50% Aircraft Engines & Engine Parts name
PLTR Palantir Technologies Inc. $374M +36% Services-Prepackaged Software name
VSAT ViaSat, Inc. $332M +22% Communications Services, Nec name
CVX Chevron Corporation $327M +42% Petroleum Refining name
GWW W.W. Grainger, Inc. $300M -16% Wholesale-Durable Goods name
CAE CAE Inc $263M -46% Miscellaneous Electrical Machinery, Equipment & Supplies name
TPC Tutor Perini Corporation $252M General Bldg Contractors - Nonresidential Bldgs name
USFD US Foods Holding Corp. $216M -15% Wholesale-Groceries & Related Products name
TSN Tyson Foods, Inc. $208M -8% Poultry Slaughtering And Processing name
CR Crane Company $191M +10% Miscellaneous Fabricated Metal Products name
CAT Caterpillar, Inc. $187M -56% Construction Machinery & Equip name
DVA DaVita Inc. $179M -66% Services-Misc Health & Allied Services, Nec name
BWMN Bowman Consulting Group Ltd. $177M Services-Management Consulting Services name
PH Parker-Hannifin Corporation $159M -28% Miscellaneous Fabricated Metal Products name
UPS United Parcel Service, Inc. $131M -34% Trucking & Courier Services (No Air) name
MSI Motorola Solutions, Inc. $126M -34% Radio & TV Broadcasting & Communications Equipment name
AMGN Amgen Inc. $126M Biological Products, (No Diagnostic Substances) 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, FY2026
Department of Defense $340.7B
Department of Veterans Affairs $75.0B
Department of Homeland Security $63.3B
Department of Energy $51.3B
General Services Administration $24.0B
Department of Health and Human Services $19.2B
National Aeronautics and Space Administration $13.1B
Department of Transportation $11.5B
Department of Agriculture $9.0B
Department of Justice $8.1B

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 ingest 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.