New Jersey

New Jersey has $6,394,847,625 in place-of-performance federal contract obligations across 988 ingested award records.

Quick answer

New Jersey has $6,394,847,625 in ingested federal contract obligations across 988 award records in this state profile.

State Snapshot

Total obligations$6,394,847,625
Award records988
Entity codeNJ
Data updatedMay 7, 2026
Top relationshipLOCKHEED MARTIN CORPORATION
Top category541712 - RESEARCH AND DEVELOPMENT IN THE PHYSICAL, ENGINEERING, AND LIFE SCIENCES (EXCEPT BIOTECHNOLOGY)

Source: USAspending.gov. Last updated from ingested federal spending data: May 7, 2026.

Market Analysis

New Jersey has $6,394,847,625 across 988 ingested award records, with the analysis below generated only from visible tables on this page.

Trend Direction

New Jersey decreased from FY2025 to FY2026, moving from $24,621,052 to $4,173,027 in the ingested records.

  • Latest: $4,173,027
  • Previous: $24,621,052

Concentration

LOCKHEED MARTIN CORPORATION accounts for 50.0% of New Jersey's visible obligations in this slice, which is the first concentration signal to review before treating the market as broad or fragmented.

  • Top relationship: LOCKHEED MARTIN CORPORATION
  • Top value: $3,194,550,482

Buyer And Category Mix

541712 - RESEARCH AND DEVELOPMENT IN THE PHYSICAL, ENGINEERING, AND LIFE SCIENCES (EXCEPT BIOTECHNOLOGY) is the largest visible secondary category at $3,101,679,183. Use this alongside the relationship table to separate one-off award activity from repeat market exposure.

  • Largest secondary category: 541712 - RESEARCH AND DEVELOPMENT IN THE PHYSICAL, ENGINEERING, AND LIFE SCIENCES (EXCEPT BIOTECHNOLOGY)
  • Category value: $3,101,679,183

Recent Award Signal

The latest displayed award is HQ027610C0001 from FY2021 with $3,096,214,936 in obligations. Recent rows help identify whether the profile is still active in current procurement data.

  • Award date: Not listed
Source caveats
  • USAspending records can be revised after initial publication.
  • Negative obligations and deobligations may affect totals in narrow slices.

Spending by Fiscal Year

FY2026597 awards$4,173,027
FY2025103 awards$24,621,052
FY202456 awards$22,893,439
FY202335 awards$112,582,853
FY202236 awards$333,292,087
FY2021161 awards$5,897,285,167

Top Contractors

LOCKHEED MARTIN CORPORATION5 awards$3,194,550,482
THE TRUSTEES OF PRINCETON UNIVERSITY4 awards$2,190,480,173
FAVOR TECHCONSULTING, LLC1 awards$128,186,622
PGIM, INC.1 awards$117,595,275
L3HARRIS TECHNOLOGIES, INC.1 awards$111,353,925
JANCO FS 2, LLC1 awards$95,428,589
LS TECHNOLOGIES LLC1 awards$69,937,927
MANAGEMENT & TRAINING CORPORATION1 awards$68,127,325
QUEST DIAGNOSTICS INCORPORATED10 awards$55,607,593
UNIVERSAL TECHNICAL RESOURCE SERVICES INC1 awards$50,624,611

Recent Awards

AwardRecipientFiscal yearObligationsDate
HQ027610C0001LOCKHEED MARTIN CORPORATION2021$3,096,214,936Not available
DEAC0209CH11466THE TRUSTEES OF PRINCETON UNIVERSITY2021$2,126,044,005Not available
36C10B22N10060040FAVOR TECHCONSULTING, LLC2022$128,186,622Not available
PBGC01CT160015PGIM, INC.2021$117,595,275Not available
FA852319F0001L3HARRIS TECHNOLOGIES, INC.2021$111,353,925Not available
692M1519C00039JANCO FS 2, LLC2021$95,428,589Not available
692M1519F00263LS TECHNOLOGIES LLC2021$69,937,927Not available
1605JE22C0014MANAGEMENT & TRAINING CORPORATION2023$68,127,325Not available
75D30122C13957QUEST DIAGNOSTICS INCORPORATED2022$54,406,890Not available
47QFEA22F0002UNIVERSAL TECHNICAL RESOURCE SERVICES INC2022$50,624,611Not available
Citation facts

New Jersey has $6,394,847,625 in ingested federal contract obligations across 988 award records in this state profile.

Source
USAspending.gov procurement award records
Data updated
May 7, 2026
Canonical URL
https://www.govspending.us/state/new-jersey

Federal Contract Questions

How much federal contract spending is associated with New Jersey?

New Jersey has $6,394,847,625 in ingested contract obligations across 988 award records.

Which relationships matter most for New Jersey?

LOCKHEED MARTIN CORPORATION is the largest listed relationship in this profile at $3,194,550,482.

Which industries or buyers are most visible?

541712 - RESEARCH AND DEVELOPMENT IN THE PHYSICAL, ENGINEERING, AND LIFE SCIENCES (EXCEPT BIOTECHNOLOGY) is the largest listed secondary category at $3,101,679,183.

Source: USAspending.gov. Last updated from ingested federal spending data: May 7, 2026.

Methodology