GETWAB

02 / Market Size

How large is the PSC 2940 federal market?

Net obligations$201.83M
Contract actions76,262
Vendors664
Federal customers23
Contracting offices147
Average action$2.6K
Largest action$5.25M
Data coverageFY 2020–FY 2026

03 / Spending Trend

PSC 2940 contract spending by fiscal year

Annual obligations, activity, and participation across the same FY 2020–FY 2026 profile window.

Latest closed fiscal year$21.40M
FY 2026
Fiscal yearObligationsActionsVendorsCustomersChange
FY 2020$21.75M10,53127415—
FY 2021$23.67M12,51826013+8.8%
FY 2022$26.29M11,66626014+11.1%
FY 2023$30.87M14,00327814+17.4%
FY 2024$42.25M11,50027914+36.9%
FY 2025$35.61M9,29528210−15.7%
FY 2026$21.40M6,7492339−39.9%

04 / Top Federal Customers

Which federal agencies buy most in this industry?

Ranked by net obligations during FY 2020–FY 2026.

Federal customerCodeObligationsActionsVendorsMarket share
DEFENSE LOGISTICS AGENCY97AS$175.88M75,73951487.1%
DEPT OF THE NAVY1700$14.76M115457.3%
U.S. COAST GUARD7008$4.80M119522.4%
STATE, DEPARTMENT OF1900$1.59M96260.8%
FEDERAL PRISON INDUSTRIES, INC.1542$1.23M2810.6%
DEPT OF THE AIR FORCE5700$1.19M830.6%
DEPT OF THE ARMY2100$868.8K73230.4%
BUREAU OF RECLAMATION1425$755.1K720.4%
NATIONAL OCEANIC AND ATMOSPHERIC ADMINISTRATION1330$299.2K16110.1%
FEDERAL AVIATION ADMINISTRATION6920$122.1K730.1%

05 / Contracting Offices

Which contracting offices buy in PSC 2940?

Ranked by net obligations during FY 2020–FY 2026.

06 / Top Vendors

Which contractors lead the PSC 2940 market?

VendorObligationsActionsCustomersMarket shareLatest activity
SEAL DYNAMICS LLC$23.12M159211.5%Jul 15, 2026
CAVANAUGH GOVERNMENT GROUP, LLC$19.08M16719.5%May 21, 2026
FBC ENTERPRISES LLC$13.67M15216.8%Jul 15, 2026
GENERAL ELECTRIC COMPANY$11.84M1225.9%Sep 19, 2024
MARADYNE CORPORATION$9.50M25214.7%Jul 9, 2026
FINCANTIERI MARINE SYSTEMS NORTH AMERICA, INC.$7.82M19323.9%Jun 25, 2026
CUMMINS INC$7.30M8,52813.6%Jul 17, 2026
BRIGHTON CROMWELL LLC$5.35M16312.6%Mar 23, 2025
OSHKOSH DEFENSE, LLC$5.10M1,15412.5%Jul 9, 2026
DRIVE LINE INC$5.06M53212.5%Jul 9, 2026

07 / Industry Mix

What industries are purchased under PSC 2940?

NAICSDescriptionObligationsActionsVendorsShare
336390OTHER MOTOR VEHICLE PARTS MANUFACTURING$86.39M5,22132942.8%
333618OTHER ENGINE EQUIPMENT MANUFACTURING$58.64M39,92137829.1%
336412AIRCRAFT ENGINE AND ENGINE PARTS MANUFACTURING$12.01M53146.0%
332722BOLT, NUT, SCREW, RIVET, AND WASHER MANUFACTURING$6.87M7,87223.4%
336310MOTOR VEHICLE GASOLINE ENGINE AND ENGINE PARTS MANUFACTURING$4.51M4301012.2%
336413OTHER AIRCRAFT PARTS AND AUXILIARY EQUIPMENT MANUFACTURING$3.95M98252.0%
333999ALL OTHER MISCELLANEOUS GENERAL PURPOSE MACHINERY MANUFACTURING$3.89M2,129531.9%
332510HARDWARE MANUFACTURING$2.85M95891.4%
333998ALL OTHER MISCELLANEOUS GENERAL PURPOSE MACHINERY MANUFACTURING$2.13M127551.1%
336992MILITARY ARMORED VEHICLE, TANK, AND TANK COMPONENT MANUFACTURING$2.12M1931.1%

08 / Buying Pattern

How does the government buy in PSC 2940?

Competed58.3%44,453 actions
Not competed under SAP22.4%17,087 actions
Competed under SAP14.0%10,676 actions
Not available for competition4.3%3,250 actions
Not competed0.8%589 actions
Other / unknown0.3%207 actions
Other than small business share93.6%$188.88M
Small business share6.4%$12.96M
Common action typeObligationsActions
DELIVERY ORDER$105.49M68,449
PURCHASE ORDER$85.29M7,743
BPA CALL$195.1K50
DEFINITIVE CONTRACT$10.85M20

09 / Recent Contract Awards

What was awarded most recently in PSC 2940?

10 / Market Interpretation

How should contractors evaluate this market?

01

Start with the spending direction

Compare annual obligations with actions and vendor participation. Growth driven by only a few large actions represents a different opportunity from broad, recurring demand.

02

Follow the actual buyers

Move from federal customers to contracting offices. Offices reveal where acquisition responsibility and recurring purchasing activity are concentrated.

03

Measure accessible demand

Use competition, small-business participation, incumbent vendors, and PSC mix before treating the full $201.83M market as addressable.