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2023

The government paid these companies the most money in 2022

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The General Services Administration has released its latest report detailing how much money federal agencies paid to their top 100 contractors during fiscal year 2022.

Lockheed Martin received $47.7 billion from the federal government from Oct. 1, 2021, through Sept. 31, 2022, according to the latest report. That’s up from $42.1 billion during the previous fiscal year.

Nearly $46.2 billion of the total dollars obligated to Lockheed Martin came directly from the Department of Defense. The Defense Department has the largest discretionary budget of any federal agency, and it makes up a significant portion of the dollars obligated to the government's biggest contractors.

The second largest contractor, Raytheon Technologies, brought in $27 billion during the same period, up from $21.6 billion during fiscal year 2021.

General Dynamics rounded out the top three, raking in $24.7 billion. The previous year's figure was $20.5 billion.

Pfizer was the next largest contractor, bringing in $18 billion, including $16.7 billion from the Department of Defense. Federal contract dollars to Pfizer jumped precipitously during and after the COVID-19 pandemic, from just over $1 billion during fiscal year 2019 to $14.1 billion during fiscal year 2021.

Pfizer is one of the biggest manufacturers of the COVID-19 vaccine, which has been a hot-button issue after thousands of active-duty service members were expelled for refusing to take the vaccine. Sen. Ted Cruz (R-Texas) introduced an amendment to the NDAA earlier this month that would reinstate those members.

The next biggest contractor was Boeing, which brought in $16.6 billion. That’s a notable drop from the $23.9 billion obligated during the previous fiscal year.




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