PSC Code

PSC AC24 Federal Contract Obligations (Last 10 Years)

PSC AC24 covers defense system R&D for missile and space systems engineering development, with $31.16 billion obligated across 6,648 actions in the last 10 years.

This page summarizes federal procurement activity for PSC AC24 over the last 10 years, including obligations, award volume, annual trends, and the leading agencies and vendors. The Department of the Air Force accounts for the largest share of spending, while Northrop Grumman Systems Corporation and multiple Lockheed Martin entities are the top vendors by obligated amount.

Generated at 03/21/2026

Analysis period: Last 10 years

Totals reflect the provided 10-year analysis window and may not match separate FPDS queries if filters or timing differ.

PSC Code
AC24
PSC Description
R&D- DEFENSE SYSTEM: MISSILE/SPACE SYSTEMS (ENGINEERING DEVELOPMENT)
Total Obligated
31.16 billion
31,158,925,191.16
Award Actions
6,648
Average Action Value
4,686,962.27

About PSC AC24 federal contract activity

PSC AC24 covers R&D for defense missile and space systems in engineering development. Over the last 10 years, obligations totaled 31.16 billion across 6,648 awards, with an average award value of 4.69 million, indicating a program mix of both large development actions and a broader base of smaller contract obligations.

Agency demand and leading federal buyers

The Department of the Air Force is the dominant buying agency for AC24, accounting for 21.52 billion and 918 awards, or roughly two-thirds of total obligations. The Missile Defense Agency is the second-largest agency by spend at 4.61 billion and leads in award volume among the listed agencies with 2,205 awards, followed by the Department of the Army at 3.17 billion and the Department of the Navy at 1.35 billion. NASA appears as a smaller but material participant at 474.34 million.

Vendor concentration and leading contractors

Vendor concentration is high at the top end of the market. Northrop Grumman Systems Corporation leads by obligations with 11.72 billion on 62 awards, while multiple Lockheed Martin Corporation entities appear separately in FPDS data and together represent a substantial share of AC24 obligations, including 8.32 billion, 1.73 billion, 1.47 billion, and 1.23 billion across the listed CAGE codes.

Annual contract trend over the analysis window

Annual obligations in the most recent five years remained elevated and broadly stable, ranging from 4.18 billion in 2021 to a high of 5.62 billion in 2023. Award counts increased from 459 in 2025 to 753 in 2022, with 2023 showing the highest obligations in the period shown, suggesting a peak in funding intensity rather than award volume.

How to interpret this page

This summary uses FPDS obligations data for PSC AC24 over the last 10 years, as provided in the analysis window. Agency and vendor references reflect ranked totals from the dataset, and annual trend values are based on obligated dollars and award counts reported for each year. No extrapolation beyond the supplied metrics was used.

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__productOrServiceCode = 'AC24'
        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
5700 DEPT OF THE AIR FORCE 21,519,654,744.22 21.52 billion 918
97JC MISSILE DEFENSE AGENCY (MDA) 4,605,961,541.98 4.61 billion 2,205
2100 DEPT OF THE ARMY 3,171,087,707.38 3.17 billion 1,780
1700 DEPT OF THE NAVY 1,350,905,605.03 1.35 billion 879
8000 NATIONAL AERONAUTICS AND SPACE ADMINISTRATION 474,336,331.38 474.34 million 391
4732 FEDERAL ACQUISITION SERVICE 19,612,417.12 19.61 million 88
97ZS U.S. SPECIAL OPERATIONS COMMAND (USSOCOM) 9,896,786.00 9.90 million 15
97F5 WASHINGTON HEADQUARTERS SERVICES (WHS) 5,853,801.37 5.85 million 18
9771 DEFENSE MICROELECTRONICS ACTIVITY (DMEA) 4,700,000.00 4.70 million 1
97AS DEFENSE LOGISTICS AGENCY 1,148,255.92 1.15 million 2

Insight

Over the last 10 years, PSC AC24 obligations total $31.16 billion across 6,648 awards, with spending highly concentrated in a few defense agencies. The Department of the Air Force accounts for $21.52 billion, or roughly 69 percent of total obligations, with 918 awards, while MDA and the Department of the Army add another $7.78 billion combined. The Department of the Navy is a smaller but still material participant at $1.35 billion, and all non-DoD agencies listed together account for less than $0.51 billion, indicating a strongly defense-centric award profile.

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,
        ifNull(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__productOrServiceCode = 'AC24'
        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,
        content__award__vendor__vendorSiteDetails__entityIdentifiers__cageCode
)
ORDER BY total_obligated DESC
LIMIT 10
Vendor CAGE Code Total Obligated Readable Award Actions
NORTHROP GRUMMAN SYSTEMS CORPORATION 8MQW5 11,719,559,923.19 11.72 billion 62
LOCKHEED MARTIN CORPORATION 06887 8,316,143,490.41 8.32 billion 684
LOCKHEED MARTIN CORPORATION 02769 1,731,106,380.20 1.73 billion 252
LOCKHEED MARTIN CORPORATION 79272 1,470,445,003.85 1.47 billion 94
LOCKHEED MARTIN CORPORATION 3VQB0 1,234,430,287.76 1.23 billion 675
TORCH TECHNOLOGIES INC 3CBV3 838,115,723.70 838.12 million 471
SCIENCE APPLICATIONS INTERNATIONAL CORPORATION 6XWA8 827,112,457.23 827.11 million 321
RAYTHEON COMPANY 15090 617,584,106.61 617.58 million 422
ALLIANT TECHSYSTEMS OPERATIONS LLC 3EFM9 581,891,129.74 581.89 million 120
BAE SYSTEMS INFORMATION AND ELECTRONIC SYSTEMS INTEGRATION INC. 94117 493,283,902.68 493.28 million 104

Insight

AC24 obligations over the last 10 years total $31.16 billion across 6,648 awards, with an average award value of $4.69 million, indicating a mix of large development obligations and a high volume of smaller awards. The vendor base is concentrated: NORTHROP GRUMMAN SYSTEMS CORPORATION accounts for $11.72 billion, and the LOCKHEED MARTIN CORPORATION entries together represent a substantial share of total obligations across multiple CAGE codes. Beyond the two dominant primes, obligated dollars drop to the sub-$1 billion range, with TORCH TECHNOLOGIES INC, SCIENCE APPLICATIONS INTERNATIONAL CORPORATION, RAYTHEON COMPANY, ALLIANT TECHSYSTEMS OPERATIONS LLC, and BAE SYSTEMS INFORMATION AND ELECTRONIC SYSTEMS INTEGRATION INC. forming a secondary tier of significantly smaller but still material activity.

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__productOrServiceCode = 'AC24'
        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 4,277,768,860.38 4.28 billion 459
2024 4,810,865,699.23 4.81 billion 578
2023 5,617,741,655.14 5.62 billion 650
2022 4,378,532,753.52 4.38 billion 753
2021 4,176,120,881.85 4.18 billion 675
2020 2,744,190,544.27 2.74 billion 738
2019 1,792,103,335.39 1.79 billion 802
2018 1,572,730,363.96 1.57 billion 799
2017 1,023,111,984.94 1.02 billion 636
2016 765,759,112.48 765.76 million 558

Insight

Over the last 10 years, AC24 obligations totaled $31.16 billion across 6,648 awards, with an average award value of $4.69 million. Spending increased markedly over the period, rising from $765.76 million in 2016 to a peak of $5.62 billion in 2023, before easing to $4.81 billion in 2024 and $4.28 billion in 2025. Award counts were highest in 2019–2022, peaking at 802 in 2019, indicating a broad base of activity even as obligated dollars grew.

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