NAICS Industry

NAICS 423940 Federal Contract Obligations (Last Year)

This page summarizes federal contract obligations for NAICS 423940 (JEWELRY, WATCH, PRECIOUS STONE, AND PRECIOUS METAL MERCHANT WHOLESALERS) for last full year, including award volume and market trend context.

Use this page to review federal contract obligations for NAICS 423940 (JEWELRY, WATCH, PRECIOUS STONE, AND PRECIOUS METAL MERCHANT WHOLESALERS) for last full year. The analysis is based on FPDS award-action data.

Generated at 03/15/2026

Analysis period: Last full year

All figures on this page are based on FPDS award-action obligation data for completed calendar years only within the last full year analysis window.

NAICS Code
423940
Industry
JEWELRY, WATCH, PRECIOUS STONE, AND PRECIOUS METAL MERCHANT WHOLESALERS
Total Obligated
49.67 million
49,666,500.55
Award Actions
552
Average Action Value
89,975.54

About NAICS 423940 federal contract activity

This page summarizes last full year of federal contract activity associated with NAICS 423940 (JEWELRY, WATCH, PRECIOUS STONE, AND PRECIOUS METAL MERCHANT WHOLESALERS). Based on the current FPDS Query dataset, this industry shows 49.67 million in visible obligations across 552 award actions, with an average action value of 89,975.54. This view is designed to help users quickly understand scale, buyer concentration, contractor concentration, and overall market direction before moving into deeper procurement analysis.

Agency demand and leading federal buyers

Demand for NAICS 423940 (JEWELRY, WATCH, PRECIOUS STONE, AND PRECIOUS METAL MERCHANT WHOLESALERS) appears concentrated among a relatively small group of federal buyers over the last full year. The visible agency ranking is led by UNITED STATES MINT, with 49.04 million in obligations, followed by FEDERAL ACQUISITION SERVICE. This kind of concentration is useful context for business development, bid targeting, and understanding where the strongest federal demand appears to sit.

Vendor concentration and leading contractors

The vendor distribution helps show which contractors capture the largest visible share of obligations in NAICS 423940 (JEWELRY, WATCH, PRECIOUS STONE, AND PRECIOUS METAL MERCHANT WHOLESALERS) over the last full year. The current ranking is led by TORONTO-DOMINION BANK, THE, with 49.04 million in obligations, followed by MARATHON WATCH COMPANY LTD. This gives users a practical view of the competitive landscape and the visible concentration at the top of the market.

Annual contract trend over the analysis window

The annual trend table provides a year-based view of how visible obligations and award actions have evolved for NAICS 423940 (JEWELRY, WATCH, PRECIOUS STONE, AND PRECIOUS METAL MERCHANT WHOLESALERS) across the last full year, from 2025 through 2025. This is useful for spotting periods of expansion, relative stability, or softening activity in this federal industry segment.

How to interpret this page

The tables and trend blocks on this page are generated from FPDS-derived procurement records prepared offline for fast public delivery. They are intended to give a practical summary of industry-scale obligations, top buying agencies, leading vendors, and visible year-over-year movement within last full year. Users who need deeper filtering, custom SQL, or cross-market comparison can continue the analysis directly inside FPDS Query.

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 = '423940'
        AND content__award__purchaserInformation__contractingOfficeAgencyID IS NOT NULL
        AND content__award__purchaserInformation__contractingOfficeAgencyID != ''
        AND parseDateTimeBestEffortOrNull(content__award__relevantContractDates__signedDate) >= toStartOfYear(now()) - INTERVAL 1 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
2044 UNITED STATES MINT 49,043,752.28 49.04 million 1
4732 FEDERAL ACQUISITION SERVICE 477,452.72 477.45 thousand 542
1549 FEDERAL BUREAU OF INVESTIGATION 110,000.00 110.00 thousand 2
1700 DEPT OF THE NAVY 68,740.00 68.74 thousand 1
1501 OFFICES, BOARDS AND DIVISIONS 7,046.65 7.05 thousand 1
6000 RAILROAD RETIREMENT BOARD -2,528.00 -2.53 thousand 1
7300 SMALL BUSINESS ADMINISTRATION -37,963.10 -37.96 thousand 4

Insight

NAICS 423940 (JEWELRY, WATCH, PRECIOUS STONE, AND PRECIOUS METAL MERCHANT WHOLESALERS) appears to be concentrated among a relatively small group of major buying agencies over the last full year. The visible ranking is led by UNITED STATES MINT, followed by FEDERAL ACQUISITION SERVICE, which suggests that agency demand in this industry is not evenly distributed.

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 = '423940'
        AND content__award__vendor__vendorHeader__vendorName IS NOT NULL
        AND content__award__vendor__vendorHeader__vendorName != ''
        AND parseDateTimeBestEffortOrNull(content__award__relevantContractDates__signedDate) >= toStartOfYear(now()) - INTERVAL 1 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
TORONTO-DOMINION BANK, THE L03P3 49,043,752.28 49.04 million 1
MARATHON WATCH COMPANY LTD 38776 477,452.72 477.45 thousand 542
THE OLAB GROUP, LLC 7S7U8 110,000.00 110.00 thousand 2
EXHIBIT ARTS, L.L.C. 1RTZ0 68,740.00 68.74 thousand 1
THE AWARD GROUP, INC 5G1L0 7,046.65 7.05 thousand 1
CRANLEY AWARDS, LTD. 3M5K4 -2,528.00 -2.53 thousand 1
REGAL AWARDS INC 4Y227 -37,963.10 -37.96 thousand 4

Insight

Within NAICS 423940 (JEWELRY, WATCH, PRECIOUS STONE, AND PRECIOUS METAL MERCHANT WHOLESALERS), visible obligations over the last full year appear concentrated among a relatively small set of leading vendors. TORONTO-DOMINION BANK, THE ranks first, followed by MARATHON WATCH COMPANY LTD, which helps define the current competitive landscape in this industry slice.

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 = '423940'
        AND parseDateTimeBestEffortOrNull(content__award__relevantContractDates__signedDate) >= toStartOfYear(now()) - INTERVAL 1 YEAR
        AND parseDateTimeBestEffortOrNull(content__award__relevantContractDates__signedDate) < toStartOfYear(now())
    GROUP BY year
)
ORDER BY year DESC
Year Total Obligated Readable Award Actions
2025 49,666,500.55 49.67 million 552

Insight

The annual trend shows how obligations in NAICS 423940 (JEWELRY, WATCH, PRECIOUS STONE, AND PRECIOUS METAL MERCHANT WHOLESALERS) moved across the last full year, from 2025 through 2025. This helps users judge whether visible contract activity in this industry appears stable, rising, or easing over time.

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