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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
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