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Vendor Reports3 min readGGovChime Research

LOCKHEED MARTIN CORPORATION Leads Vendors with $6.6B — May 2026

Federal agencies obligated $81.6B across 532,895 contract awards in May 2026. LOCKHEED MARTIN CORPORATION leads the vendors with $6.6B (8% of the total). The 20 vendors ranked below account for $36.3B (45%).

Based on GovChime analysis of 532,895 FPDS/SAM.gov contract awards with obligations in May 2026. Report generated October 1, 2026.

Methodology: Ranks the top 20 vendors by contract obligations signed in May 2026, summed from FPDS/SAM.gov transactions via GovChime as of October 1, 2026. Share is each entry's portion of all obligations in the period.

Key Findings

  1. LOCKHEED MARTIN CORPORATION leads all vendors with $6.6B — 8.1% of all federal contract obligations in May 2026.
  2. The top 5 vendors account for $20.7B (25.4% of all federal contract obligations in May 2026), showing a relatively even distribution in award spending.
  3. Across 20 vendors, there were 60,101 individual contract awards with an average obligated value of $604K.
  4. The gap between #1 (LOCKHEED MARTIN CORPORATION) and #20 (AMENTUM SERVICES, INC.) is 14x — $6.6B vs. $469.4M.

Vendors Rankings

#NameTotal ValueShareAwardsAvg Award
1LOCKHEED MARTIN CORPORATION$6.6B8.1%1,344$4.9M
2THE BOEING COMPANY$4.8B5.9%628$7.6M
3FISHER SAND & GRAVEL CO$3.3B4.0%4$816.1M
4SPACE EXPLORATION TECHNOLOGIES CORP.$3.2B3.9%22$146.2M
5RAYTHEON COMPANY$2.8B3.5%542$5.2M
6MCKESSON CORPORATION$2.4B2.9%253$9.5M
7ELECTRIC BOAT CORPORATION$2.2B2.7%67$33.2M
8BATH IRON WORKS CORPORATION$1.6B2.0%6$270.8M
9HUNTINGTON INGALLS INCORPORATED$1.5B1.8%49$30.1M
10BOEING COMPANY, THE$1.0B1.3%338$3.1M
11NATIONAL STEEL AND SHIPBUILDING COMPANY$878.2M1.1%13$67.6M
12ATLANTIC DIVING SUPPLY, INC.$860.7M1.1%6,361$135K
13NORTHROP GRUMMAN SYSTEMS CORPORATION$807.6M1.0%576$1.4M
14DAVIE DEFENSE INC.$777.0M1.0%1$777.0M
15LEIDOS, INC.$703.8M0.9%1,290$546K
16AMERISOURCEBERGEN DRUG CORP$691.2M0.8%47,958$14K
17BOOZ ALLEN HAMILTON INC.$576.8M0.7%213$2.7M
18BAE SYSTEMS LAND & ARMAMENTS L.P.$555.9M0.7%85$6.5M
19SCIENCE APPLICATIONS INTERNATIONAL CORPORATION$515.3M0.6%237$2.2M
20AMENTUM SERVICES, INC.$469.4M0.6%114$4.1M

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, MCKESSON CORPORATION, ELECTRIC BOAT 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

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Data sourced from FPDS/SAM.gov via GovChime. Report generated October 1, 2026.

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