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PSC AC24

Federal procurement snapshot for PSC AC24.

Award Count: 25,800
Obligations: $75,381,651,667.18

PSC Overview

PSC Code
AC24
Description
R&D-MISSILE & SPACE SYS-ENG DEV
Explanation
PSC AC24 falls under a research and development category, meaning the government is funding investigation, experimentation, design, or technical advancement rather than buying a routine commercial item. Analysts use these codes to isolate innovation-oriented spending and distinguish research work from operational procurement.
Award Count
25,800
Total Obligations
$75,381,651,667.18

Analyst Note

This PSC item page gives a direct reference view for one Product Service Code from FPDS data.

Why It Matters

PSC codes are used to classify what the government bought, making them useful for market segmentation and procurement analysis.

Methodology

This page is derived from the PSC index artifact generated from grouped FPDS award data.

How to Use This PSC

  • Use PSC AC24 as a category filter when analyzing federal contract spending.
  • Compare agencies and vendors operating within the same PSC classification.
  • Track award volume and obligations for this procurement category over time in FPDS Query.
  • Use this code together with NAICS, agency, and date filters to narrow the market view.