This page summarizes federal obligations and award activity for NAICS 332410, Power Boiler and Heat Exchanger Manufacturing, during the last 5 years. The data shows $9.65 billion in total obligations across 2,633 award actions, with the Department of the Navy accounting for most obligations and Bechtel Plant Machinery, Inc. as the leading vendor.
NAICS Industry
NAICS 332410 Federal Contract Obligations (Last 5 Years)
FPDS procurement activity for NAICS 332410, Power Boiler and Heat Exchanger Manufacturing, over the last 5 years.
Totals reflect readable and exact obligation amounts, award counts, and annual trends captured from FPDS for the stated analysis window.
NAICS Code
332410
Industry
POWER BOILER AND HEAT EXCHANGER MANUFACTURING
Total Obligated
9.65 billion
9,654,168,991.21
Award Actions
2,633
Average Action Value
3,666,604.25
About NAICS 332410 federal contract activity
NAICS 332410, Power Boiler and Heat Exchanger Manufacturing, recorded $9.65 billion in obligated contract value across 2,633 awards over the last 5 years, for an average award value of $3.67 million. The market is highly concentrated, with a small number of large awards driving most of the total obligation.
Agency demand and leading federal buyers
The Department of the Navy dominates obligations in this NAICS, accounting for $9.55 billion across 486 awards and representing the clear center of federal demand. The Defense Logistics Agency is a distant second with $67.41 million across 1,522 awards, while the Army, Air Force, and Veterans Affairs each represent comparatively small shares of total spending.
Vendor concentration and leading contractors
Bechtel Plant Machinery, Inc. is the principal vendor in this category, capturing $9.15 billion across 52 awards and accounting for the vast majority of observed obligations. Other vendors are much smaller by value, including Energy, United States Dept of at $316.0 million on one award, Huntington Ingalls Incorporated at $53.59 million across 80 awards, and Aqua-Chem, Inc. and ECI Defense Group, Inc. at under $10 million each.
Annual contract trend over the analysis window
Annual obligations peaked in 2024 at $2.76 billion, after $2.71 billion in 2021 and $1.93 billion in 2023. Spending declined to $1.39 billion in 2022 and to $860.42 million in 2025, indicating volatility tied to a small number of large actions rather than a steady year-over-year pattern.
How to interpret this page
This summary is based on FPDS obligations associated with NAICS 332410 over the last 5 years and reflects total obligated dollars, award counts, and average award value. Agency and vendor rankings are ordered by total obligated amount, and annual trend figures use the same obligation basis for each calendar year in the analysis window.
Top Agencies
SELECT
agency_id,
agency_name,
total_obligated,
award_count,
formatReadableQuantity(total_obligated) AS total_obligated_readable
FROM
(
SELECT
content__award__purchaserInformation__contractingOfficeAgencyID AS agency_id,
anyHeavy(content__award__purchaserInformation__contractingOfficeAgencyID__name) AS agency_name,
sum(content__award__dollarValues__obligatedAmount) AS total_obligated,
count() AS award_count
FROM fpds.data
WHERE
contract_type = 1
AND content__award__productOrServiceInformation__principalNAICSCode = '332410'
AND content__award__purchaserInformation__contractingOfficeAgencyID IS NOT NULL
AND content__award__purchaserInformation__contractingOfficeAgencyID != ''
AND parseDateTimeBestEffortOrNull(content__award__relevantContractDates__signedDate) >= toStartOfYear(now()) - INTERVAL 5 YEAR
AND parseDateTimeBestEffortOrNull(content__award__relevantContractDates__signedDate) < toStartOfYear(now())
GROUP BY agency_id
)
ORDER BY total_obligated DESC
LIMIT 10| Agency ID | Agency Name | Total Obligated | Readable | Award Actions |
|---|---|---|---|---|
| 1700 | DEPT OF THE NAVY | 9,552,048,960.26 | 9.55 billion | 486 |
| 97AS | DEFENSE LOGISTICS AGENCY | 67,412,427.84 | 67.41 million | 1,522 |
| 2100 | DEPT OF THE ARMY | 9,010,899.42 | 9.01 million | 119 |
| 5700 | DEPT OF THE AIR FORCE | 6,949,069.24 | 6.95 million | 36 |
| 3600 | VETERANS AFFAIRS, DEPARTMENT OF | 5,435,629.96 | 5.44 million | 142 |
| 1540 | FEDERAL PRISON SYSTEM / BUREAU OF PRISONS | 4,380,251.84 | 4.38 million | 98 |
| 1425 | BUREAU OF RECLAMATION | 2,379,104.00 | 2.38 million | 24 |
| 7008 | U.S. COAST GUARD | 1,922,143.14 | 1.92 million | 59 |
| 7527 | INDIAN HEALTH SERVICE | 1,110,274.04 | 1.11 million | 38 |
| 1900 | STATE, DEPARTMENT OF | 739,498.06 | 739.50 thousand | 30 |
Insight
Over the last 5 years, obligations under NAICS 332410 are highly concentrated in the Department of the Navy, which accounts for $9.55 billion of the $9.65 billion total, or nearly all obligated dollars, across 486 awards. The Defense Logistics Agency is the only other agency with materially significant spending, but at $67.41 million across 1,522 awards it represents a much smaller share of dollars despite high award volume. All remaining agencies each obligated less than $10 million, indicating a sharp dollar concentration with relatively broad but low-value activity outside the Navy.
Top Vendors
SELECT
vendor_name,
cage_code,
total_obligated,
award_count,
formatReadableQuantity(total_obligated) AS total_obligated_readable
FROM
(
SELECT
content__award__vendor__vendorHeader__vendorName AS vendor_name,
anyHeavy(content__award__vendor__vendorSiteDetails__entityIdentifiers__cageCode) AS cage_code,
sum(content__award__dollarValues__obligatedAmount) AS total_obligated,
count() AS award_count
FROM fpds.data
WHERE
contract_type = 1
AND content__award__productOrServiceInformation__principalNAICSCode = '332410'
AND content__award__vendor__vendorHeader__vendorName IS NOT NULL
AND content__award__vendor__vendorHeader__vendorName != ''
AND parseDateTimeBestEffortOrNull(content__award__relevantContractDates__signedDate) >= toStartOfYear(now()) - INTERVAL 5 YEAR
AND parseDateTimeBestEffortOrNull(content__award__relevantContractDates__signedDate) < toStartOfYear(now())
GROUP BY vendor_name
)
ORDER BY total_obligated DESC
LIMIT 10| Vendor | CAGE Code | Total Obligated | Readable | Award Actions |
|---|---|---|---|---|
| BECHTEL PLANT MACHINERY, INC. | 4SVU7 | 9,150,729,857.00 | 9.15 billion | 52 |
| ENERGY, UNITED STATES DEPT OF | 316,000,000.00 | 316.00 million | 1 | |
| HUNTINGTON INGALLS INCORPORATED | 43689 | 53,588,415.41 | 53.59 million | 80 |
| AQUA-CHEM, INC. | 0EXU3 | 9,153,229.88 | 9.15 million | 55 |
| ECI DEFENSE GROUP, INC. | 4BJ65 | 8,780,926.20 | 8.78 million | 33 |
| JGILS, LLC | 1N8T8 | 6,254,189.83 | 6.25 million | 85 |
| SISTERSVILLE TANK WORKS INC | 9Z272 | 4,315,311.00 | 4.32 million | 2 |
| FLUID HANDLING, LLC | 6LE50 | 3,562,646.00 | 3.56 million | 58 |
| ARGO TURBOSERVE CORPORATION | 7Y333 | 3,409,000.26 | 3.41 million | 64 |
| S I T CORPORATION | 1MQB3 | 2,789,472.12 | 2.79 million | 77 |
Insight
Obligations under NAICS 332410 totaled $9.65 billion across 2,633 awards over the last 5 years, with average award value of $3.67 million. Vendor concentration is extremely high: BECHTEL PLANT MACHINERY, INC. received $9.15 billion across 52 awards, representing the vast majority of obligated dollars in this NAICS. The remaining top vendors are much smaller by dollar value, with awards distributed across multiple firms and agencies, indicating a sharp split between one dominant contractor and a long tail of lower-obligation vendors.
Annual Trend
SELECT
year,
total_obligated,
award_count,
formatReadableQuantity(total_obligated) AS total_obligated_readable
FROM
(
SELECT
toYear(parseDateTimeBestEffortOrNull(content__award__relevantContractDates__signedDate)) AS year,
sum(content__award__dollarValues__obligatedAmount) AS total_obligated,
count() AS award_count
FROM fpds.data
WHERE
contract_type = 1
AND content__award__productOrServiceInformation__principalNAICSCode = '332410'
AND parseDateTimeBestEffortOrNull(content__award__relevantContractDates__signedDate) >= toStartOfYear(now()) - INTERVAL 5 YEAR
AND parseDateTimeBestEffortOrNull(content__award__relevantContractDates__signedDate) < toStartOfYear(now())
GROUP BY year
)
ORDER BY year DESC| Year | Total Obligated | Readable | Award Actions |
|---|---|---|---|
| 2025 | 860,421,533.16 | 860.42 million | 596 |
| 2024 | 2,764,641,122.12 | 2.76 billion | 429 |
| 2023 | 1,933,348,735.53 | 1.93 billion | 466 |
| 2022 | 1,389,305,386.48 | 1.39 billion | 509 |
| 2021 | 2,706,452,213.92 | 2.71 billion | 633 |
Insight
Over the last 5 years, NAICS 332410 recorded $9.65 billion across 2,633 awards, with an average award value of $3.67 million. Obligations were concentrated in 2021 and 2024, which together accounted for about $5.47 billion, or roughly 57 percent of total obligations in the period. Annual obligations were uneven, declining from $2.71 billion in 2021 to $1.39 billion in 2022, increasing to $1.93 billion in 2023 and $2.76 billion in 2024, then falling to $860.42 million in 2025; award counts were highest in 2021 and 2025.
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