GETWAB

02 / Market Size

How large is the PSC V121 federal market?

Net obligations$10.85B
Contract actions11,910
Vendors191
Federal customers34
Contracting offices158
Average action$911.2K
Largest action$498.64M
Data coverageFY 2020–FY 2026

03 / Spending Trend

PSC V121 contract spending by fiscal year

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

Latest closed fiscal year$1.08B
FY 2026
Fiscal yearObligationsActionsVendorsCustomersChange
FY 2020$955.70M1,6147620—
FY 2021$782.79M1,4928121−18.1%
FY 2022$1.45B1,6898221+85.1%
FY 2023$2.36B2,1309224+62.9%
FY 2024$2.31B1,7908525−2.2%
FY 2025$1.92B1,8848224−16.8%
FY 2026$1.08B1,3117523−44.0%

04 / Top Federal Customers

Which federal agencies buy most in this industry?

Ranked by net obligations during FY 2020–FY 2026.

Federal customerCodeObligationsActionsVendorsMarket share
USTRANSCOM9776$6.11B7,5783056.3%
STATE, DEPARTMENT OF1900$2.71B77524.9%
DEPT OF THE NAVY1700$1.55B1,9613214.3%
BUREAU OF LAND MANAGEMENT1422$206.61M3321.9%
DEPARTMENTAL OFFICES1406$93.84M65470.9%
U.S. CUSTOMS AND BORDER PROTECTION7014$74.27M4380.7%
MISSILE DEFENSE AGENCY (MDA)97JC$38.46M4810.4%
U.S. SPECIAL OPERATIONS COMMAND (USSOCOM)97ZS$13.18M26970.1%
DEPT OF THE ARMY2100$12.21M106130.1%
FEDERAL PRISON SYSTEM / BUREAU OF PRISONS1540$11.12M442230.1%

05 / Contracting Offices

Which contracting offices buy in PSC V121?

Ranked by net obligations during FY 2020–FY 2026.

06 / Top Vendors

Which contractors lead the PSC V121 market?

VendorObligationsActionsCustomersMarket shareLatest activity
XATOR CORPORATION$2.31B27121.3%Apr 13, 2026
PATRIOT TEAM$1.69B2,299115.6%Dec 30, 2025
FEDERAL EXPRESS CORPORATION$1.58B1,992114.5%Feb 27, 2025
NATIONAL AIR CARGO GROUP, INC.$985.34M1,24919.1%Jul 17, 2026
ATLAS AIR, INC.$676.90M77416.2%Jul 16, 2026
AIRBORNE TACTICAL ADVANTAGE COMPANY, LLC$484.57M49124.5%Jul 15, 2026
KALITTA AIR LLC$425.94M67723.9%Jul 17, 2026
AIR TRANSPORT INTERNATIONAL, INC.$404.58M13713.7%Jul 10, 2026
ADVANCED C4 SOLUTIONS, INC.$369.27M3513.4%Sep 16, 2026
OMEGA AERIAL REFUELING SERVICES, INC.$295.79M31822.7%Jul 15, 2026

07 / Industry Mix

What industries are purchased under PSC V121?

NAICSDescriptionObligationsActionsVendorsShare
481211NONSCHEDULED CHARTERED PASSENGER AIR TRANSPORTATION$5.63B7,5259051.9%
561210FACILITIES SUPPORT SERVICES$2.32B38321.4%
481212NONSCHEDULED CHARTERED FREIGHT AIR TRANSPORTATION$1.16B1,1832910.7%
488190OTHER SUPPORT ACTIVITIES FOR AIR TRANSPORTATION$945.73M934138.7%
481219OTHER NONSCHEDULED AIR TRANSPORTATION$471.94M1,869514.3%
325998ALL OTHER MISCELLANEOUS CHEMICAL PRODUCT AND PREPARATION MANUFACTURING$180.04M1911.7%
541330ENGINEERING SERVICES$38.46M4810.4%
611512FLIGHT TRAINING$30.60M2010.3%
541618OTHER MANAGEMENT CONSULTING SERVICES$29.46M3220.3%
115310SUPPORT ACTIVITIES FOR FORESTRY$26.54M1110.2%

08 / Buying Pattern

How does the government buy in PSC V121?

Not competed under SAP47.7%5,682 actions
Competed38.2%4,545 actions
Competed under SAP8.9%1,063 actions
Not available for competition4.0%475 actions
Other / unknown0.8%95 actions
Not competed0.4%50 actions
Other than small business share99.3%$10.77B
Small business share0.7%$78.96M
Common action typeObligationsActions
DELIVERY ORDER$10.30B11,043
PURCHASE ORDER$36.25M526
DEFINITIVE CONTRACT$508.65M246
BPA CALL$2.98M95

09 / Recent Contract Awards

What was awarded most recently in PSC V121?

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 $10.85B market as addressable.