TheFiscalFinder

Top federal contractors: FY2025

≈ computed · contract dollars

Lockheed Martin Corporation was the largest holder of U.S. federal contracts in FY2025, with $75B in contract-coded obligations. Ranked by contract-coded (NAICS) obligations, so entitlement grants routed through state agencies do not crowd out the primes. Combined corporate families count once. ≈ computed

Ranked from USASpending records, data current as of 2026-09-01. FY2020 to FY2025 are loaded.

  1. 1$75B
  2. 2$34.7B
  3. 3
    RTX Corporation50 industries
    $30.5B
  4. 4
    UnitedHealth Group7 industries
    $25.3B
  5. 5
    The Boeing Company38 industries
    $21.9B
  6. 6$13.4B
  7. 7$12.8B
  8. 8$11.9B
  9. 9$10.4B
  10. 10
    Leidos, Inc.36 industries
    $8.7B
  11. 11
    BAE Systems, Inc.44 industries
    $7.9B
  12. 12$7.4B
  13. 13$7.2B
  14. 14$6.8B
  15. 15$6.5B
  16. 16$5.8B
  17. 17$5.7B
  18. 18$5.2B
  19. 19$4.8B
  20. 20$4.5B
  21. 21$4B
  22. 22$3.8B
  23. 23$3.6B
  24. 24
    Peraton Corp.15 industries
    $3.6B
  25. 25
    Deloitte LLP13 industries
    $3.6B
  26. 26$3.6B
  27. 27$3.5B
  28. 28$3.3B
  29. 29$3.2B
  30. 30$3.2B
  31. 31$3.1B
  32. 32$3B
  33. 33$3B
  34. 34$2.9B
  35. 35$2.9B
  36. 36
    KBR, Inc.23 industries
    $2.8B
  37. 37$2.8B
  38. 38
    UT-Battelle LLC1 industry
    $2.7B
  39. 39$2.5B
  40. 40$2.4B
  41. 41$2.4B
  42. 42
    General Atomics18 industries
    $2B
  43. 43$2B
  44. 44$2B
  45. 45
    Parsons Corporation21 industries
    $2B
  46. 46$1.9B
  47. 47$1.9B
  48. 48$1.9B
  49. 49$1.8B
  50. 50$1.8B
  51. 51
    Ashbritt Inc2 industries
    $1.8B
  52. 52$1.7B
  53. 53
    V2X Systems LLC10 industries
    $1.7B
  54. 54
    V2X Aerospace LLC10 industries
    $1.6B
  55. 55
    Bell Textron Inc10 industries
    $1.5B
  56. 56$1.5B
  57. 57
    W S Darley & CO10 industries
    $1.5B
  58. 58$1.5B
  59. 59$1.5B
  60. 60
    Oshkosh Defense LLC10 industries
    $1.5B
  61. 61$1.4B
  62. 62$1.4B
  63. 63$1.4B
  64. 64$1.4B
  65. 65$1.4B
  66. 66$1.3B
  67. 67$1.3B
  68. 68$1.3B
  69. 69$1.3B
  70. 70
    Serco Inc10 industries
    $1.3B
  71. 71$1.2B
  72. 72
    Cgi Federal Inc.10 industries
    $1.2B
  73. 73$1.2B
  74. 74$1.1B
  75. 75
    Am General LLC3 industries
    $1.1B
  76. 76
    Leonardo DRS, Inc.16 industries
    $1.1B
  77. 77$1.1B
  78. 78$1.1B
  79. 79$1B
  80. 80
    Fcn, Inc.10 industries
    $1B
  81. 81$1B
  82. 82$1B
  83. 83$994.6M
  84. 84$980.5M
  85. 85$969M
  86. 86
    FedEx Corporation7 industries
    $963.2M
  87. 87$946M
  88. 88$944.6M
  89. 89$938.2M
  90. 90$928.5M
  91. 91$928.4M
  92. 92$911.6M
  93. 93$899.8M
  94. 94$895M
  95. 95$874.2M
  96. 96$846.6M
  97. 97$845.1M
  98. 98$837.7M
  99. 99$833.8M
  100. 100$829M

A description of the money, computed by us from USASpending records, never a judgment about any contractor. Each row opens that contractor's page: its funding agencies, where the work lands, and any PAC on record.

Questions

Who is the largest federal contractor in FY2025?
Lockheed Martin Corporation, with $75B in contract-coded obligations in FY2025, ahead of General Dynamics Corporation at $34.7B.
Why are big grant recipients missing from this list?
This ranks CONTRACT dollars only. Universities, states and health systems receive enormous federal ASSISTANCE, which is ranked separately at /rankings/top-grant-recipients so neither list crowds out the other.
Where does this ranking come from?
It is computed from USASpending.gov award records, which are U.S. government works and in the public domain. Each figure is the recipient's contract-coded obligations for FY2025. TheFiscalFinder does the ranking; the underlying figures are the government's own.
How many contractors are shown?
The top 100 for FY2025. Each row opens that contractor's own page, where the same money is broken out by year, by counterparty and by place.
Does a high position mean anything is wrong?
No. This is a description of where public money went in FY2025, computed from public records. It is not an allegation about anyone on it.

Related rankings

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Why the labels? The graph is only worth anything if the links are trusted. Facts taken straight from a federal filing are ✓ from source; figures we calculate are ≈ computed; links we infer (corporate parents, districts, competitors, connections between records) are ≈ inferred, worded carefully, never asserted as fact and never a claim that one thing caused another. Spot an error? Tell us.