Federal contracts by state

Federal Contracts in New Jersey: Spending, Agencies & Vendors

Data through 2026-08-24 · FY2026 to date

Obligations, FY2026 to date
$7B
Contract awards
350,592
Average award size
$20K
vs. prior full fiscal year
24.8% decline
Obligations by fiscal year
Obligations by fiscal year $0 $2.7B $5.5B $8.2B $11B FY21 FY22 FY23 FY24 FY25 FY26 $7B
Obligations by fiscal year
ItemObligations
FY21$8.9B
FY22$9.3B
FY23$9.2B
FY24$9.8B
FY25$9.3B
FY26$7B

Obligations fell 24.8% year over year, from $9.3B in FY2025 to $7B in FY2026 to date.

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Federal contracting in New Jersey has moved to $7B in obligations for FY2026 to date. The federal government recorded 350,592 awards this fiscal year to date, with an average award size of $20K. Obligations fell 24.8% year over year. The Department of Defense is the largest buyer, obligating $4.5B. Lockheed Martin Corporation is the largest single vendor, receiving $1.9B in obligations. Research and Development in the Physical, Engineering, and Life Sciences is the largest industry by obligations, at $1.4B. Recent fiscal years show higher totals, including $9.8B in FY24 and $9.3B in FY25, which provides context for the current-year decrease. These figures reflect contract obligations and the current-year totals are partial, fiscal year to date.

How has federal contracting in New Jersey changed this fiscal year?

Total federal contract obligations for New Jersey are $7B for FY2026 to date. Obligations fell 24.8% year over year. Award activity includes 350,592 awards with an average award size of $20K. Recent year comparisons include FY25 at $9.3B and FY24 at $9.8B, which shows higher prior-year totals.

Top 10 buying agencies, FY2026 to date
Top 10 buying agencies, FY2026 to date 1 Department of Defense $4.5B 2 Department of Veterans Affairs $846M 3 Department of Homeland Security $596M 4 Department of Transportation $297M 5 Department of Health and Human Services $233M 6 Department of Energy $161M 7 Department of Agriculture $93.3M 8 Department of Justice $92.9M 9 General Services Administration $66.6M 10 National Aeronautics and Space Administration $44.1M
Top 10 buying agencies, FY2026 to date
ItemObligations
Department of Defense$4.5B
Department of Veterans Affairs$846M
Department of Homeland Security$596M
Department of Transportation$297M
Department of Health and Human Services$233M
Department of Energy$161M
Department of Agriculture$93.3M
Department of Justice$92.9M
General Services Administration$66.6M
National Aeronautics and Space Administration$44.1M

Department of Defense was the top federal buyer in New Jersey, obligating $4.5B (63.8% of the state total).

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Which agencies and industries dominate New Jersey federal contracting?

The Department of Defense is the top buyer with $4.5B in obligations. The Department of Veterans Affairs and the Department of Homeland Security follow with $846M and $596M respectively. Research and Development in the Physical, Engineering, and Life Sciences leads industries with $1.4B, followed by Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing at $887M. Lockheed Martin Corporation is the top vendor at $1.9B.

Top 10 vendors, FY2026 to date
Top 10 vendors, FY2026 to date 1 LOCKHEED MARTIN CORPORATION $1.9B 2 ASRC FEDERAL FACILITIES LOGISTICS, LLC $480M 3 WHITING-TURNER CONTRACTING COMPANY, THE $400M 4 BOOZ ALLEN HAMILTON INC $261M 5 THE TRUSTEES OF PRINCETON UNIVERSITY $192M 6 IT CONCEPTS, INC. $172M 7 SHIONOGI INC $156M 8 ICF MERCANTILE LLC $150M 9 TRIMAN INDUSTRIES INC $130M 10 L3HARRIS TECHNOLOGIES, INC. $108M
Top 10 vendors, FY2026 to date
ItemObligations
LOCKHEED MARTIN CORPORATION$1.9B
ASRC FEDERAL FACILITIES LOGISTICS, LLC$480M
WHITING-TURNER CONTRACTING COMPANY, THE$400M
BOOZ ALLEN HAMILTON INC$261M
THE TRUSTEES OF PRINCETON UNIVERSITY$192M
IT CONCEPTS, INC.$172M
SHIONOGI INC$156M
ICF MERCANTILE LLC$150M
TRIMAN INDUSTRIES INC$130M
L3HARRIS TECHNOLOGIES, INC.$108M

LOCKHEED MARTIN CORPORATION led all contractors in New Jersey with $1.9B, 26.6% of the state total.

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Top 10 industries (NAICS), FY2026 to date
Top 10 industries (NAICS), FY2026 to date 1 Research and Development in the Physical, Engineering, … $1.4B 2 Search, Detection, Navigation, Guidance, Aeron… $887M 3 Commercial and Institutional Building Construction $490M 4 Computer Systems Design Services $487M 5 Engineering Services $365M 6 Research and Development in Biotechnology (except Nanob… $182M 7 Other Warehousing and Storage $169M 8 Colleges, Universities, and Professional Schools $162M 9 Artificial and Synthetic Fibers and Filaments Manufa… $150M 10 Other Aircraft Parts and Auxiliary Equipment Manufac… $148M
Top 10 industries (NAICS), FY2026 to date
ItemObligations
Research and Development in the Physical, Engineering, and Life Sciences (except Nanotechnology and Biotechnology)$1.4B
Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing$887M
Commercial and Institutional Building Construction$490M
Computer Systems Design Services$487M
Engineering Services$365M
Research and Development in Biotechnology (except Nanobiotechnology)$182M
Other Warehousing and Storage$169M
Colleges, Universities, and Professional Schools$162M
Artificial and Synthetic Fibers and Filaments Manufacturing$150M
Other Aircraft Parts and Auxiliary Equipment Manufacturing$148M

Research and Development in the Physical, Engineering, and Life Sciences (except Nanotechnology and Biotechnology) was the largest industry in New Jersey, with $1.4B obligated.

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Top 10 vendors
RankVendorObligations
1 LOCKHEED MARTIN CORPORATION $1.9B
2 ASRC FEDERAL FACILITIES LOGISTICS, LLC $480M
3 WHITING-TURNER CONTRACTING COMPANY, THE $400M
4 BOOZ ALLEN HAMILTON INC $261M
5 THE TRUSTEES OF PRINCETON UNIVERSITY $192M
6 IT CONCEPTS, INC. $172M
7 SHIONOGI INC $156M
8 ICF MERCANTILE LLC $150M
9 TRIMAN INDUSTRIES INC $130M
10 L3HARRIS TECHNOLOGIES, INC. $108M
Largest awards, FY2026 to date
RankRecipientAward AmountAwarding Agency
1 LOCKHEED MARTIN CORPORATION $3.1B Department of Defense
2 THE TRUSTEES OF PRINCETON UNIVERSITY $2.2B Department of Energy
3 LOCKHEED MARTIN CORPORATION $1.8B Department of Defense
4 LOCKHEED MARTIN CORPORATION $1.5B Department of Defense
5 LOCKHEED MARTIN CORPORATION $1.5B Department of Defense
6 LOCKHEED MARTIN CORPORATION $1.4B Department of Defense
7 BOOZ ALLEN HAMILTON INC $1.4B Department of Veterans Affairs
8 LOCKHEED MARTIN CORPORATION $1.1B Department of Defense
9 URS FEDERAL SERVICES INTERNATIONAL, INC $932M Department of Defense
10 BOOZ ALLEN HAMILTON INC $860M Department of Veterans Affairs
11 BOOZ ALLEN HAMILTON INC $810M Department of Veterans Affairs
12 LOCKHEED MARTIN CORPORATION $630M Department of Defense
13 LOCKHEED MARTIN CORPORATION $597M Department of Defense
14 L3HARRIS TECHNOLOGIES, INC. $542M Department of Defense
15 LOCKHEED MARTIN CORPORATION $525M Department of Defense
16 LOCKHEED MARTIN CORPORATION $512M Department of Defense
17 MAG DS CORP $501M Department of Defense
18 LOCKHEED MARTIN CORPORATION $498M Department of Defense
19 LOCKHEED MARTIN CORPORATION $491M Department of Defense
20 BAE SYSTEMS INFORMATION AND ELECTRONIC SYSTEMS INTEGRATION INC. $453M Department of Defense
21 LOCKHEED MARTIN CORPORATION $448M Department of Defense
22 LOCKHEED MARTIN CORPORATION $442M Department of Defense
23 LOCKHEED MARTIN CORPORATION $431M Department of Defense
24 LOCKHEED MARTIN CORPORATION $418M Department of Defense
25 IT CONCEPTS, INC. $409M Department of Veterans Affairs

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Frequently asked questions

How much federal contract money goes to New Jersey?

New Jersey received $7B in federal contract obligations for FY2026 to date. The state recorded 350,592 awards with an average award size of $20K, and obligations fell 24.8% year over year.

Which agencies award the most contracts in New Jersey?

The Department of Defense awards the most contracts in New Jersey, obligating $4.5B. The Department of Veterans Affairs and the Department of Homeland Security are the next largest buying agencies at $846M and $596M respectively.

Who are the largest federal contractors in New Jersey?

LOCKHEED MARTIN CORPORATION is the largest federal contractor in New Jersey, receiving $1.9B in obligations. ASRC FEDERAL FACILITIES LOGISTICS, LLC and WHITING-TURNER CONTRACTING COMPANY, THE follow with $480M and $400M respectively.

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