5 Facts about Engineering Services

Posted by Deltek B2g on March 13, 2015

DC Metro

In case you missed Deltek’s webinar, Federal Contracting Trends in Engineering Services, here are 5 Facts about Engineering Services. Check back next week for more from #GovList!

  1. Engineering Services, as defined by NAICS 541330, was the second largest industry from FY 2010 to FY 2014 based on reported spending. It was second only to Aircraft Manufacturing.
  2. More than 33,000 companies registered as a provider of Engineering Services, though only about 20% reported contract activity as a prime contractor.
  3. The Navy was the largest buyer of Engineering Services, with $66.0 billion obligated over the five year period.
  4. From FY 2010 to FY 2014, 69% of all contract spending was through Task Orders, with $18.7 billion in FY 2014.
  5. Though the Navy acquired more Engineering Services through Task Orders based on reported spending, the Department of Homeland Security spent a larger portion of its Engineering Services contract dollars through Task Orders, averaging 94% from FY 2010 to FY 2014.

By Kathleen Sievers
Senior Manager of Research at Deltek