Research and Development in the Physical, Engineering, and Life Sciences
Total Contract Value
$8.6B
Rank
#21 of 50
% of Total Contracts
1.3%
NAICS Code:541710
Research and Development in the Physical, Engineering, and Life Sciences (NAICS 541710) ranks #21 out of 50 industries by federal contract spending, accounting for 1.3% of the total contract dollars tracked on OpenSpending. The federal government has directed $8.6B to this industry through contracts recorded in USAspending.gov data. While not in the very top tier, this level of spending still represents billions in taxpayer funds flowing to a single industry.
How This Industry Ranks
#1
Aircraft Manufacturing$61.5B
#2
Engineering Services$51.7B
#3
Direct Health and Medical Insurance Carriers$47.6B
#4
Research and Development in the Physical, Engineering, and Life Sciences (except Nanotechnology and Biotechnology)$46.3B
#5
Ship Building and Repairing$37.2B
#6
Facilities Support Services$37.1B
#7
Guided Missile and Space Vehicle Manufacturing$32.8B
#8
Computer Systems Design Services$31.6B
#9
Commercial and Institutional Building Construction$30.6B
#10
Other Computer Related Services$24.9B
···
#21
Research and Development in the Physical, Engineering, and Life Sciences ← this industry$8.6B
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