Research and Development in the Physical, Engineering, and Life Sciences (except Biotechnology)
Total Contract Value
$8.8B
Rank
#20 of 50
% of Total Contracts
1.4%
Research and Development in the Physical, Engineering, and Life Sciences (except Biotechnology) (NAICS 541712) ranks #20 out of 50 industries by federal contract spending, accounting for 1.4% of the total contract dollars tracked on OpenSpending. The federal government has directed $8.8B 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
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