GETWAB

02 / Federal Business Size

Federal contract market at a glance

Measured consistently across FY 2019–FY 2025.

Net obligations$1.05M
Contract actions32
Awards / PIIDs21
Federal customers1
Contracting offices2
Average action$32.7K
Active fiscal years5
Data coverageFY 2019–FY 2025

Across FY 2019–FY 2025, FPDS records attribute $1.05M in net contract obligations to PRECISION, INC. across 32 contract actions. Net obligations include positive obligations and later deobligations recorded during the same period.

03 / Spending Trend

PRECISION, INC. contract spending by year

Annual net obligations show whether recorded federal business expanded or contracted, while actions and customer counts show the breadth of that activity.

Total obligations-$52.8K
FY 2023
ObligationsHistorical spending range
Fiscal yearObligationsActionsFederal customersChange
FY 2019$29.2K11
FY 2020$1.02M161+3,403.8%
FY 2021$7.7K41−99.2%
FY 2022$40.1K81+419.4%
FY 2023-$52.8K31−231.6%

04 / Federal Customers

Which federal agencies buy from PRECISION, INC.?

Ranked by net obligations during FY 2019–FY 2025.

AgencyCodeObligationsActionsVendor share
2044$1.05M32100.0%

05 / Contracting Offices

Which contracting offices buy from PRECISION, INC.?

Ranked by net obligations during FY 2019–FY 2025.

OfficeCodeAgencyObligationsActionsVendor share
2036X5UNITED STATES MINT$844.0K1780.6%
2082AAUNITED STATES MINT$203.2K1519.4%

06 / Top NAICS Industries

Which industries define this vendor’s federal work?

NAICSDescriptionObligationsActionsCustomersShare
332999ALL OTHER MISCELLANEOUS FABRICATED METAL PRODUCT MANUFACTURING$392.8K12137.5%
333922CONVEYOR AND CONVEYING EQUIPMENT MANUFACTURING$346.5K8133.1%
333999ALL OTHER MISCELLANEOUS GENERAL PURPOSE MACHINERY MANUFACTURING$165.9K2115.8%
333241FOOD PRODUCT MACHINERY MANUFACTURING$124.5K3111.9%
561621SECURITY SYSTEMS SERVICES (EXCEPT LOCKSMITHS)$17.5K211.7%
333517MACHINE TOOL MANUFACTURING$0210.0%
332510HARDWARE MANUFACTURING$0310.0%

07 / Top Product and Service Codes

What products and services does the government buy from this vendor?

PSCDescriptionObligationsActionsCustomersShare
3910CONVEYORS$874.7K17183.5%
J039MAINT/REPAIR/REBUILD OF EQUIPMENT- MATERIALS HANDLING EQUIPMENT$98.7K819.4%
4010CHAIN AND WIRE ROPE$47.3K214.5%
J099MAINT/REPAIR/REBUILD OF EQUIPMENT- MISCELLANEOUS$17.5K211.7%
5330PACKING AND GASKET MATERIALS$9.0K110.9%
3460MACHINE TOOL ACCESSORIES$0210.0%

08 / Competition Pattern

How was PRECISION, INC.’s federal work competed?

Competition categories describe the procurement path recorded on the underlying contract actions.

Competition categoryObligationsActions
Other / unknown$865.9K18
Not available for competition$181.3K14

09 / Recent Contract Awards

What contract actions were recorded most recently for PRECISION, INC.?

The latest recorded PIIDs connect this profile to the underlying federal award search.

Award / PIIDSignedObligationAgency / officeNAICSPSC
2036X522K00147Nov 7, 2022-$16.8KUNITED STATES MINT US MINT PHILADELPHIA3325103910

10 / Interpreting the Profile

How should you evaluate PRECISION, INC. as a federal contractor?

Read obligations, customers, markets, competition, and individual awards together. A large historical total indicates federal scale, but it does not by itself describe current backlog, commercial revenue, profitability, or future opportunity.

01

Separate obligations from revenue

FPDS obligations are government accounting actions and may include later deobligations.

02

Follow customer concentration

Agency and office concentration reveals where the vendor’s federal relationships are strongest.

03

Test market overlap

NAICS and PSC shares show whether the vendor competes in the same markets as your company.

04

Inspect the awards

Open the PIIDs to verify dates, offices, classifications, and transaction history.