GETWAB

02 / Market Size

How large is the PSC 2940 federal market?

Net obligations$200.71M
Contract actions79,174
Vendors685
Federal customers25
Contracting offices156
Average action$2.5K
Largest action$5.25M
Data coverageFY 2019–FY 2025

03 / Spending Trend

PSC 2940 contract spending by fiscal year

Annual obligations, activity, and participation across the same FY 2019–FY 2025 profile window.

Latest closed fiscal year$35.61M
FY 2025
Fiscal yearObligationsActionsVendorsCustomersChange
FY 2019$20.28M9,66129812
FY 2020$21.75M10,53127415+7.3%
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%

04 / Top Federal Customers

Which federal agencies buy most in this industry?

Ranked by net obligations during FY 2019–FY 2025.

Federal customerCodeObligationsActionsVendorsMarket share
DEFENSE LOGISTICS AGENCY97AS$174.93M78,63452887.2%
DEPT OF THE NAVY1700$14.57M105427.3%
U.S. COAST GUARD7008$4.05M133572.0%
STATE, DEPARTMENT OF1900$1.73M100250.9%
FEDERAL PRISON INDUSTRIES, INC.1542$1.23M2810.6%
DEPT OF THE AIR FORCE5700$1.19M630.6%
DEPT OF THE ARMY2100$970.9K74280.5%
BUREAU OF RECLAMATION1425$755.1K830.4%
PUBLIC BUILDINGS SERVICE4740$431.2K310.2%
NATIONAL OCEANIC AND ATMOSPHERIC ADMINISTRATION1330$353.4K19130.2%

05 / Contracting Offices

Which contracting offices buy in PSC 2940?

Ranked by net obligations during FY 2019–FY 2025.

06 / Top Vendors

Which contractors lead the PSC 2940 market?

VendorObligationsActionsCustomersMarket shareLatest activity
CAVANAUGH GOVERNMENT GROUP, LLC$21.94M189110.9%Sep 11, 2025
SEAL DYNAMICS LLC$21.04M120210.5%Sep 26, 2025
GENERAL ELECTRIC COMPANY$11.84M1225.9%Sep 19, 2024
FBC ENTERPRISES LLC$10.17M11615.1%Sep 9, 2025
MARADYNE CORPORATION$9.06M25314.5%Sep 29, 2025
FINCANTIERI MARINE SYSTEMS NORTH AMERICA, INC.$8.99M22024.5%Aug 19, 2025
BRIGHTON CROMWELL LLC$6.18M23333.1%Mar 23, 2025
CUMMINS INC$5.84M8,24512.9%Sep 29, 2025
DRIVE LINE INC$5.14M52812.6%Aug 21, 2025
OSHKOSH DEFENSE, LLC$4.30M1,12812.1%Sep 18, 2025

07 / Industry Mix

What industries are purchased under PSC 2940?

NAICSDescriptionObligationsActionsVendorsShare
336390OTHER MOTOR VEHICLE PARTS MANUFACTURING$89.43M5,55235244.6%
333618OTHER ENGINE EQUIPMENT MANUFACTURING$54.94M41,52238127.4%
336412AIRCRAFT ENGINE AND ENGINE PARTS MANUFACTURING$12.00M52146.0%
333999ALL OTHER MISCELLANEOUS GENERAL PURPOSE MACHINERY MANUFACTURING$5.63M2,594752.8%
332722BOLT, NUT, SCREW, RIVET, AND WASHER MANUFACTURING$5.15M6,60522.6%
336310MOTOR VEHICLE GASOLINE ENGINE AND ENGINE PARTS MANUFACTURING$4.68M4751082.3%
336413OTHER AIRCRAFT PARTS AND AUXILIARY EQUIPMENT MANUFACTURING$4.38M114302.2%
332510HARDWARE MANUFACTURING$2.26M92091.1%
336992MILITARY ARMORED VEHICLE, TANK, AND TANK COMPONENT MANUFACTURING$2.14M2351.1%
336320MOTOR VEHICLE ELECTRICAL AND ELECTRONIC EQUIPMENT MANUFACTURING$1.83M190120.9%

08 / Buying Pattern

How does the government buy in PSC 2940?

Competed57.5%45,499 actions
Not competed under SAP22.1%17,472 actions
Competed under SAP13.9%10,980 actions
Not available for competition5.6%4,449 actions
Not competed0.7%553 actions
Other / unknown0.3%221 actions
Other than small business share93.7%$188.08M
Small business share6.3%$12.63M
Common action typeObligationsActions
DELIVERY ORDER$99.16M70,719
PURCHASE ORDER$89.66M8,383
BPA CALL$205.1K47
DEFINITIVE CONTRACT$11.69M25

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 $200.71M market as addressable.