PSC AC24 covers R&D for defense missile and space systems engineering development, with 23.26 billion obligated across 3,115 award actions in the last five years. The Department of the Air Force leads the category, followed by the Department of the Army and the Missile Defense Agency, while Northrop Grumman and Lockheed Martin account for the largest vendor obligations.
PSC Code
PSC AC24 Federal Contract Obligations (Last 5 Years)
Analyst summary of PSC AC24 federal obligations for defense missile and space systems engineering development over the last five years.
Amounts reflect obligated dollars for the last five years and vendor and agency rows may include multiple entries for the same organization under different identifiers.
PSC Code
AC24
PSC Description
R&D- DEFENSE SYSTEM: MISSILE/SPACE SYSTEMS (ENGINEERING DEVELOPMENT)
Total Obligated
23.26 billion
23,261,029,850.12
Award Actions
3,115
Average Action Value
7,467,425.31
About PSC AC24 federal contract activity
PSC AC24 covers R&D for defense system missile and space systems engineering development and accounts for 23.26 billion in obligations across 3,115 awards over the last 5 years. The average award value is 7.47 million, indicating a portfolio dominated by development-focused efforts rather than a small number of very large transactions.
Agency demand and leading federal buyers
The Department of the Air Force is the primary obligating agency by a wide margin, with 18.23 billion across 618 awards, or roughly four-fifths of total obligations. The Department of the Army and the Missile Defense Agency follow at 2.16 billion each, while the Department of the Navy contributes 676.58 million and the Federal Acquisition Service plays a limited role at 13.75 million.
Vendor concentration and leading contractors
Northrop Grumman Systems Corporation is the leading vendor with 11.17 billion, concentrated in 56 awards. Lockheed Martin appears across multiple CAGE codes and together represents a substantial share of obligations, with the largest individual entries at 5.49 billion, 1.57 billion, and 1.40 billion; Science Applications International Corporation is a smaller but still significant participant at 827.11 million across 321 awards.
Annual contract trend over the analysis window
Annual obligations peaked in 2023 at 5.62 billion, then declined to 4.81 billion in 2024 and 4.28 billion in 2025. Even with that moderation, spending remained above 4.1 billion in every year of the period, while award counts were highest in 2023 and then trended downward through 2025.
How to interpret this page
This summary is based on FPDS obligations reported under PSC AC24 over the last five fiscal years in the provided dataset. Totals, award counts, averages, and rankings reflect the supplied aggregated values; vendor entries are shown as provided, including separate CAGE codes where applicable. No additional normalization or cross-source enrichment was applied.
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 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 |
|---|---|---|---|---|
| 5700 | DEPT OF THE AIR FORCE | 18,225,569,571.51 | 18.23 billion | 618 |
| 2100 | DEPT OF THE ARMY | 2,164,407,308.14 | 2.16 billion | 1,115 |
| 97JC | MISSILE DEFENSE AGENCY (MDA) | 2,157,664,712.22 | 2.16 billion | 693 |
| 1700 | DEPT OF THE NAVY | 676,580,249.12 | 676.58 million | 420 |
| 4732 | FEDERAL ACQUISITION SERVICE | 13,745,022.31 | 13.75 million | 46 |
| 8000 | NATIONAL AERONAUTICS AND SPACE ADMINISTRATION | 13,143,641.56 | 13.14 million | 57 |
| 9771 | DEFENSE MICROELECTRONICS ACTIVITY (DMEA) | 4,700,000.00 | 4.70 million | 1 |
| 97ZS | U.S. SPECIAL OPERATIONS COMMAND (USSOCOM) | 3,828,378.00 | 3.83 million | 8 |
| 97F5 | WASHINGTON HEADQUARTERS SERVICES (WHS) | 1,499,955.33 | 1.50 million | 13 |
| 97AS | DEFENSE LOGISTICS AGENCY | 1,148,255.92 | 1.15 million | 2 |
Insight
AC24 obligations over the last 5 years are highly concentrated in the Department of the Air Force, which accounts for $18.23 billion of $23.26 billion total obligated, or roughly 78% of this PSC’s spend. The Department of the Army and the Missile Defense Agency are the next largest obligators at about $2.16 billion each, bringing the top three agencies to more than 95% of total obligations. Award volume is more distributed than dollars, with the Army leading in award count (1,115) versus the Air Force’s 618, indicating larger average awards in the Air Force’s share of activity.
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 5 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 | 11,174,559,923.19 | 11.17 billion | 56 |
| LOCKHEED MARTIN CORPORATION | 06887 | 5,488,979,655.14 | 5.49 billion | 293 |
| LOCKHEED MARTIN CORPORATION | 02769 | 1,567,221,771.97 | 1.57 billion | 228 |
| LOCKHEED MARTIN CORPORATION | 79272 | 1,398,651,956.85 | 1.40 billion | 78 |
| SCIENCE APPLICATIONS INTERNATIONAL CORPORATION | 6XWA8 | 827,112,457.23 | 827.11 million | 321 |
| TORCH TECHNOLOGIES INC | 3CBV3 | 758,427,092.12 | 758.43 million | 417 |
| ALLIANT TECHSYSTEMS OPERATIONS LLC | 3EFM9 | 346,733,465.04 | 346.73 million | 69 |
| LOCKHEED MARTIN CORPORATION | 3VQB0 | 344,287,986.71 | 344.29 million | 211 |
| RANGE GENERATION NEXT LLC | 6WGJ0 | 284,236,855.90 | 284.24 million | 88 |
| RAYTHEON COMPANY | 15090 | 183,745,918.51 | 183.75 million | 186 |
Insight
Over the last 5 years, AC24 obligations total $23.26 billion across 3,115 awards, with an average award value of $7.47 million. Spending is highly concentrated: Northrop Grumman Systems Corporation (CAGE 8MQW5) accounts for $11.17 billion, or nearly half of total obligations, and the next three entries are all Lockheed Martin Corporation CAGEs, together totaling about $8.45 billion. The remaining vendors are each below $1 billion, indicating a steep drop-off after the top two contractors and a concentrated vendor base for this PSC.
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 5 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 |
Insight
Over the last 5 years, AC24 obligated $23.26 billion across 3,115 awards, averaging $7.47 million per award, indicating a high-value but moderately dispersed R&D portfolio. Obligations peaked in 2023 at $5.62 billion and then declined to $4.81 billion in 2024 and $4.28 billion in 2025, suggesting a downward shift after the 2023 high point. Award counts also fell from 753 in 2022 to 459 in 2025, reinforcing the recent contraction in both spend and transaction volume.
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