CATEGORYFY24
RESEARCH AND DEVELOPMENT IN THE PHYSICAL, ENGINEERING, AND LIFE SCIENCES (EXCEPT BIOTECHNOLOGY)
Market size$9.7B
Category 541712 encompasses federal spending on research and development in the physical, engineering, and life sciences, excluding biotechnology. This vital sector accounts for a substantial market of nearly $190 million, distributed across 1,251 contracts. A notable aspect of this category is the relatively small number of participating agencies; only 11 distinct federal agencies are responsible for awarding these numerous R&D contracts, indicating a concentrated focus of funding. Various contractors contribute to these scientific advancements, including entities like AECOM Technical Services Inc. and academic institutions such as The University of Iowa.
- NAICS
- 541712
- Contracts
- 13,218
- Vendors
- 916
- Agencies
- 17