Market
Aerospace
Aircraft, engines, launch and spacecraft, including civil space.
Where the Money Lands
Obligations by fiscal year (all recipients)
Table view
| Fiscal year | Obligations |
|---|---|
| FY2015 | $86.40B |
| FY2016 | $103.64B |
| FY2017 | $112.42B |
| FY2018 | $119.13B |
| FY2019 | $125.92B |
| FY2020 | $142.14B |
| FY2021 | $108.93B |
| FY2022 | $116.65B |
| FY2023 | $156.71B |
| FY2024 | $138.68B |
| FY2025 | $169.30B |
| FY2026 (partial) | $146.20B |
| FY2027 (partial) | $3.1M |
Top buying agencies of covered companiesFY2023 onward
| Buying agency | Awards | Obligations FY2023+ |
|---|---|---|
| U.S. Navy | 31,375 | $187.31B |
| U.S. Air Force | 23,260 | $170.10B |
| U.S. Army | 9,316 | $91.15B |
| NASA | 51,321 | $76.53B |
| Defense Contract Management Agency | 10,590 | $30.74B |
| Defense Logistics Agency | 64,616 | $23.69B |
| Missile Defense Agency | 4,005 | $15.86B |
| Defense Advanced Research Projects Agency | 1,603 | $4.09B |
| Defense Microelectronics Activity | 389 | $3.34B |
| U.S. Special Operations Command | 799 | $3.14B |
| US Coast Guard | 3,477 | $1.72B |
| Defense Information Systems Agency | 75 | $979M |
Awards to the covered companies only, so these amounts are a part of the sector total, not a split of it.
Fiscal years marked * are partial: data is incomplete after FY2025.
Primes20
| Company | Type | All federal FY2023+ | In this sector | Share of sector | FY2021 to FY2025 |
|---|---|---|---|---|---|
| Lockheed Martin | Prime | $246.44B | $203.87B | 33% | +108% |
| RTX | Prime | $110.38B | $70.46B | 12% | +93% |
| Boeing | Prime | $98.54B | $98.40B | 16% | −5.6% |
| General Dynamics | Prime | $94.40B | $2.21B | 0.4% | +237% |
| Northrop Grumman | Prime | $61.99B | $34.32B | 5.6% | −2.4% |
| HII | Prime | $32.47B | $108M | 0.0% | +6514% |
| BAE Systems | Prime | $30.25B | $5.07B | 0.8% | +21% |
| L3Harris Technologies | Prime | $24.73B | $8.90B | 1.5% | +8.3% |
| Leidos | Prime | $19.92B | $654M | 0.1% | −6.1% |
| ADS | Prime | $19.46B | $53.5M | 0.0% | +177% |
| Fluor | Prime | $17.85B | $0 | 0.0% | — |
| Honeywell International | Prime | $16.97B | $1.04B | 0.2% | −69% |
| Bechtel | Prime | $14.43B | $1.10B | 0.2% | +305% |
| SpaceX | Neoprime | $14.26B | $14.26B | 2.3% | +73% |
| GE Aerospace | Prime | $12.86B | $12.80B | 2.1% | +2.3% |
| Booz Allen Hamilton | Prime | $11.53B | $645M | 0.1% | +645% |
| CACI International | Prime | $11.27B | $400M | 0.1% | +862% |
| General Atomics | Prime | $10.03B | $3.47B | 0.6% | −27% |
| Textron | Prime | $9.87B | $9.87B | 1.6% | +303% |
| Amentum | Prime | $9.56B | $2.04B | 0.3% | — |
Primes and neoprimes that work in aerospace, ranked by all their federal obligations from FY2023 onward. A company can belong to several sectors; "In this sector" counts only the awards assigned here, so sector totals never count an award twice.
Entering and Growing273
New entrants by fiscal year
Table view
| Fiscal year | Companies |
|---|---|
| FY2016 | 2 |
| FY2017 | 0 |
| FY2018 | 6 |
| FY2019 | 5 |
| FY2020 | 7 |
| FY2021 | 20 |
| FY2022 | 15 |
| FY2023 | 12 |
| FY2024 | 12 |
| FY2025 | 9 |
| FY2026 (partial) | 7 |
| FY2027 (partial) | 0 |
| Company | Type | Defense relevance | First FY with obligations | All federal FY2023+ |
|---|---|---|---|---|
| Leonardo S.p.A. | Supplier | Core defense | FY2008 | $5.12B |
| Rolls-Royce | Supplier | Dual use | FY2008 | $4.60B |
| Peraton | Supplier | Core defense | FY2017 | $3.28B |
| Teledyne Technologies | Supplier | Dual use | FY2008 | $1.60B |
| Viasat | Supplier | Dual use | FY2008 | $1.14B |
| Moog | Supplier | Dual use | FY2008 | $501M |
| Curtiss-Wright | Supplier | Core defense | FY2008 | $301M |
| Griffon Aerospace, Inc. | Supplier | Core defense | FY2008 | $279M |
| VSE Corporation | Supplier | Dual use | FY2008 | $268M |
| Safran | Supplier | Dual use | FY2008 | $115M |
| Shield AI | Startup | Core defense | FY2020 | $82.2M |
| Slingshot Aerospace | Startup | Dual use | FY2019 | $65.0M |
| ExoAnalytic Solutions | Supplier | Dual use | FY2010 | $49.3M |
| Turion Space | Startup | Core defense | FY2022 | $31.5M |
| K2 Space | Startup | Dual use | FY2023 | $26.7M |
| Karman Space & Defense | Supplier | Core defense | FY2008 | $19.6M |
| ATA Engineering | Supplier | Dual use | FY2008 | $18.7M |
| Exquadrum | Supplier | Core defense | FY2008 | $17.8M |
| TrustPoint | Startup | Dual use | FY2021 | $8.6M |
| Nominal | Startup | Dual use | FY2023 | $8.3M |
| Machina Labs | Startup | Dual use | FY2020 | $7.8M |
| Raven Space Systems | Startup | Dual use | FY2021 | $4.8M |
| Magma Space | Startup | Dual use | FY2020 | $4.3M |
| Array Labs | Startup | Dual use | FY2024 | $4.1M |
| iMETALX | Startup | Core defense | FY2014 | $3.8M |
Showing 25 of 273. See the full list
Startups and suppliers tagged to this sector whose defense relevance is core defense or dual use. Those with obligations since FY2023 come first, then the rest alphabetically.
Coverage
The sector total is the whole in-scope USAspending baseline (DoD, DHS, DOE and NASA, FY2008 onward): every recipient, net of de-obligations, with flood insurance and DHS disaster assistance excluded (see the methodology). The company rows below are attributed per action, to the company reported on each row, so they cover only the companies DefDex has reviewed and are a part of the total, not all of it. Subcontracts and classified work are not visible here, and fiscal year 2027 is partial.
Each award counts in one sector, set by its product or service code, then its industry code, then the company's primary sector, then the buying department. A company's primary sector comes from where most of its obligations since FY2020 sit. Companies without obligations are tagged by AI from their descriptions; see the methodology.