Federal agencies obligated $75.9B across 500,323 contract awards in May 2026. LOCKHEED MARTIN CORPORATION leads the vendors with $6.0B (8% of the total). The 20 vendors ranked below account for $32.6B (43%).
Based on GovChime analysis of 500,323 FPDS/SAM.gov contract awards with obligations in May 2026. Report generated September 18, 2026.
Methodology: Ranks the top 20 vendors by contract obligations signed in May 2026, summed from FPDS/SAM.gov transactions via GovChime as of September 18, 2026. Share is each entry's portion of all obligations in the period.
Key Findings
- LOCKHEED MARTIN CORPORATION leads all vendors with $6.0B — 7.9% of all federal contract obligations in May 2026.
- The top 5 vendors account for $18.4B (24.2% of all federal contract obligations in May 2026), showing a relatively even distribution in award spending.
- Across 20 vendors, there were 53,281 individual contract awards with an average obligated value of $612K.
- The gap between #1 (LOCKHEED MARTIN CORPORATION) and #20 (BAE SYSTEMS LAND & ARMAMENTS L.P.) is 11x — $6.0B vs. $543.9M.
Vendors Rankings
| # | Name | Total Value | Share | Awards | Avg Award |
|---|---|---|---|---|---|
| 1 | LOCKHEED MARTIN CORPORATION | $6.0B | 7.9% | 878 | $6.8M |
| 2 | THE BOEING COMPANY | $4.3B | 5.7% | 558 | $7.7M |
| 3 | FISHER SAND & GRAVEL CO | $3.3B | 4.3% | 4 | $816.1M |
| 4 | MCKESSON CORPORATION | $2.4B | 3.2% | 253 | $9.5M |
| 5 | RAYTHEON COMPANY | $2.4B | 3.2% | 508 | $4.7M |
| 6 | ELECTRIC BOAT CORPORATION | $2.2B | 2.9% | 59 | $37.6M |
| 7 | BATH IRON WORKS CORPORATION | $1.6B | 2.1% | 6 | $267.8M |
| 8 | HUNTINGTON INGALLS INCORPORATED | $1.5B | 1.9% | 48 | $30.7M |
| 9 | BOEING COMPANY, THE | $1.0B | 1.4% | 313 | $3.3M |
| 10 | NORTHROP GRUMMAN SYSTEMS CORPORATION | $966.6M | 1.3% | 524 | $1.8M |
| 11 | NATIONAL STEEL AND SHIPBUILDING COMPANY | $877.8M | 1.2% | 13 | $67.5M |
| 12 | ADVANCED TECHNOLOGY INTERNATIONAL | $792.3M | 1.0% | 143 | $5.5M |
| 13 | DAVIE DEFENSE INC. | $777.0M | 1.0% | 1 | $777.0M |
| 14 | GENERAL DYNAMICS OTS (WILKES BARRE), LLC | $746.1M | 1.0% | 9 | $82.9M |
| 15 | ATLANTIC DIVING SUPPLY, INC. | $717.3M | 0.9% | 5,625 | $128K |
| 16 | LEIDOS, INC. | $678.6M | 0.9% | 1,133 | $599K |
| 17 | AMERISOURCEBERGEN DRUG CORP | $624.9M | 0.8% | 42,895 | $15K |
| 18 | BOOZ ALLEN HAMILTON INC. | $585.2M | 0.8% | 211 | $2.8M |
| 19 | SPACE EXPLORATION TECHNOLOGIES CORP. | $580.3M | 0.8% | 21 | $27.6M |
| 20 | BAE SYSTEMS LAND & ARMAMENTS L.P. | $543.9M | 0.7% | 79 | $6.9M |
What This Means for Contractors
- Distributed opportunity: Award spending is spread relatively evenly — no single vendor dominates, creating entry points for new and mid-tier contractors.
- Watch the mid-tier: RAYTHEON COMPANY, ELECTRIC BOAT CORPORATION, BATH IRON WORKS CORPORATION (ranked 5–10) represent growth areas that may be less saturated than the top positions.
- Follow the buying patterns: Target the top agencies that awarded to these vendors — their buying patterns indicate where future opportunities will emerge.
Explore the full dataset on GovChime
Search vendor profiles →Data sourced from FPDS/SAM.gov via GovChime. Report generated September 18, 2026.