NAICS Industry

NAICS 423940 Federal Contract Obligations (Last 10 Years)

This page summarizes federal contract obligations for NAICS 423940 (JEWELRY, WATCH, PRECIOUS STONE, AND PRECIOUS METAL MERCHANT WHOLESALERS) for last 10 years, 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 10 years. The analysis is based on FPDS award-action data.

Generated at 03/15/2026

Analysis period: Last 10 years

All figures on this page are based on FPDS award-action obligation data for completed calendar years only within the last 10 years analysis window.

NAICS Code
423940
Industry
JEWELRY, WATCH, PRECIOUS STONE, AND PRECIOUS METAL MERCHANT WHOLESALERS
Total Obligated
1.13 billion
1,125,098,074.09
Award Actions
1,913
Average Action Value
588,132.81

About NAICS 423940 federal contract activity

This page summarizes last 10 years 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 1.13 billion in visible obligations across 1,913 award actions, with an average action value of 588,132.81. 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 10 years. The visible agency ranking is led by UNITED STATES MINT, with 1.11 billion in obligations, followed by ENERGY, DEPARTMENT OF. 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 10 years. The current ranking is led by TORONTO-DOMINION BANK, THE, with 664.08 million in obligations, followed by SUNSHINE MINTING, INC.. 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 10 years, from 2016 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 10 years. 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 10 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 1,114,215,369.17 1.11 billion 150
8900 ENERGY, DEPARTMENT OF 6,999,398.98 7.00 million 8
2100 DEPT OF THE ARMY 1,031,076.22 1.03 million 43
5700 DEPT OF THE AIR FORCE 630,989.95 630.99 thousand 28
4732 FEDERAL ACQUISITION SERVICE 567,026.48 567.03 thousand 1,538
1501 OFFICES, BOARDS AND DIVISIONS 451,576.95 451.58 thousand 8
7014 U.S. CUSTOMS AND BORDER PROTECTION 278,732.87 278.73 thousand 33
1700 DEPT OF THE NAVY 265,162.75 265.16 thousand 12
7300 SMALL BUSINESS ADMINISTRATION 120,247.90 120.25 thousand 8
1549 FEDERAL BUREAU OF INVESTIGATION 110,000.00 110.00 thousand 2

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 10 years. The visible ranking is led by UNITED STATES MINT, followed by ENERGY, DEPARTMENT OF, 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 10 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 664,076,429.29 664.08 million 25
SUNSHINE MINTING, INC. 305,401,640.99 305.40 million 23
STERN/LEACH COMPANY 1A447 141,560,520.25 141.56 million 87
COLONIAL METALS NEW YORK, INC. 1K642 6,999,398.98 7.00 million 8
GOLD CORPORATION 3,199,341.04 3.20 million 12
FMK GROUP LLC 1UU25 947,613.59 947.61 thousand 47
MARATHON WATCH COMPANY LTD 38776 567,026.48 567.03 thousand 1,538
OWYHEE CAPITAL CORPORATION 1XL09 396,286.20 396.29 thousand 26
SOUDERS PROMOTIONS LIMITED LIABILITY COMPANY 45QD7 304,404.05 304.40 thousand 19
AMERICAN BADGE INCS INCORPORATED 1BTL3 267,988.16 267.99 thousand 15

Insight

Within NAICS 423940 (JEWELRY, WATCH, PRECIOUS STONE, AND PRECIOUS METAL MERCHANT WHOLESALERS), visible obligations over the last 10 years appear concentrated among a relatively small set of leading vendors. TORONTO-DOMINION BANK, THE ranks first, followed by SUNSHINE MINTING, INC., 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 10 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
2024 96,033,028.91 96.03 million 9
2023 419,506,208.36 419.51 million 28
2022 100,249,742.31 100.25 million 16
2021 210,842.63 210.84 thousand 14
2020 2,894,677.95 2.89 million 181
2019 3,255,753.87 3.26 million 769
2018 1,794,329.86 1.79 million 102
2017 4,665,932.65 4.67 million 97
2016 446,821,057.00 446.82 million 145

Insight

The annual trend shows how obligations in NAICS 423940 (JEWELRY, WATCH, PRECIOUS STONE, AND PRECIOUS METAL MERCHANT WHOLESALERS) moved across the last 10 years, from 2016 through 2025. This helps users judge whether visible contract activity in this industry appears stable, rising, or easing over time.

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