Where the Money Lands
I · The MapShade each state by federal prime-award dollars per resident and the real geography appears. It is not California and Texas - they are big because they are populous. It is the contractor beltway (the District, Virginia, Maryland), where the primes keep their headquarters, and the national-lab states like New Mexico, where a single weapons or energy contract dwarfs the local economy. Nationally the rate runs about $8,657 per resident; the darkest states below sit many times above that.
- 01 District of Columbia $89,552
- 02 New Mexico $11,905
- 03 Alaska $8,082
- 04 Virginia $7,586
- 05 Hawaii $7,143
Every state, in a table
| State | Total ($B) | Per resident |
|---|---|---|
| District of Columbia DC | 60 | $89,552 |
| New Mexico NM | 25 | $11,905 |
| Alaska AK | 5.9 | $8,082 |
| Virginia VA | 66 | $7,586 |
| Hawaii HI | 10 | $7,143 |
| Maryland MD | 43 | $6,935 |
| Massachusetts MA | 39 | $5,571 |
| Connecticut CT | 20 | $5,556 |
| Alabama AL | 28 | $5,490 |
| Rhode Island RI | 6 | $5,455 |
| Colorado CO | 30 | $5,172 |
| Mississippi MS | 15 | $5,172 |
| West Virginia WV | 9 | $5,000 |
| Delaware DE | 5 | $5,000 |
| Texas TX | 151 | $4,951 |
| Vermont VT | 3.2 | $4,923 |
| Washington WA | 38 | $4,872 |
| Wyoming WY | 2.8 | $4,828 |
| Louisiana LA | 22 | $4,783 |
| Utah UT | 16 | $4,706 |
| New York NY | 92 | $4,694 |
| Pennsylvania PA | 61 | $4,692 |
| California CA | 182 | $4,667 |
| Kentucky KY | 21 | $4,667 |
| New Hampshire NH | 6.5 | $4,643 |
| Maine ME | 6.5 | $4,643 |
| North Dakota ND | 3.6 | $4,615 |
| Montana MT | 5 | $4,545 |
| Missouri MO | 28 | $4,516 |
| Oklahoma OK | 18 | $4,500 |
| Kansas KS | 13 | $4,483 |
| Arkansas AR | 13 | $4,333 |
| Oregon OR | 18 | $4,286 |
| Nebraska NE | 8.5 | $4,250 |
| Florida FL | 96 | $4,248 |
| Tennessee TN | 30 | $4,225 |
| South Dakota SD | 3.8 | $4,222 |
| Minnesota MN | 24 | $4,211 |
| Arizona AZ | 31 | $4,189 |
| Ohio OH | 49 | $4,153 |
| Georgia GA | 45 | $4,128 |
| Illinois IL | 52 | $4,127 |
| Iowa IA | 13 | $4,063 |
| Michigan MI | 40 | $4,000 |
| Indiana IN | 27 | $3,971 |
| South Carolina SC | 21 | $3,962 |
| Idaho ID | 7.5 | $3,947 |
| Wisconsin WI | 23 | $3,898 |
| North Carolina NC | 41 | $3,832 |
| Nevada NV | 12 | $3,750 |
| New Jersey NJ | 34 | $3,656 |
Illustrative rollup by primary place of performance. Per resident = state prime-award dollars divided by Census resident population (a curated population lookup, refreshed at ingest). The real swap re-runs this from the USAspending archive place-of-performance state field - see Methodology.
Big States Are Simply Big
II · TotalsDrop the per-resident lens and the ranking flips to the obvious: the largest states pull the most federal money. California alone books $182B in prime awards. That is not a scandal - it is population. Which is exactly why the map above divides by residents: raw totals track the census, per-resident dollars track the contracts.
Top twelve, in a table
| State | Total ($B) | Per resident |
|---|---|---|
| California CA | 182 | $4,667 |
| Texas TX | 151 | $4,951 |
| Florida FL | 96 | $4,248 |
| New York NY | 92 | $4,694 |
| Virginia VA | 66 | $7,586 |
| Pennsylvania PA | 61 | $4,692 |
| District of Columbia DC | 60 | $89,552 |
| Illinois IL | 52 | $4,127 |
| Ohio OH | 49 | $4,153 |
| Georgia GA | 45 | $4,128 |
| Maryland MD | 43 | $6,935 |
| North Carolina NC | 41 | $3,832 |
The Top of the Contractor Table
III · ConcentrationOf roughly $0.76T in prime contract dollars, the five largest firms alone book about 26%. Read the list and the buyer is obvious: the primes are the weapons houses, and the consultancies beneath them (Leidos, Booz Allen, SAIC) sell that same buyer its back office. This is not a market of thousands of vendors. It is a short table, and the same names sit at the top of it every year.
- 01Lockheed Martin Defense$76.0B
- 02RTX (Raytheon) Defense$36.0B
- 03General Dynamics Defense$34.0B
- 04Boeing Defense$30.0B
- 05Northrop Grumman Defense$25.0B
- 06Leidos IT & services$15.0B
- 07Huntington Ingalls Shipbuilding$13.5B
- 08Booz Allen Hamilton IT & services$13.0B
- 09BAE Systems Defense$12.0B
- 10Humana Government Business Health$11.5B
- 11L3Harris Technologies Defense$11.0B
- 12SAIC IT & services$9.5B
- 13Pfizer Health$9.0B
- 14Deloitte IT & services$8.5B
- 15McKesson Health$8.0B
Share = percent of all FY2024 prime contract obligations. Recipients rolled up to ultimate parent. Illustrative figures - see Methodology and HANDOFF.md for the swap-point.
What the Money Buys
IV · SectorsSplit the roughly $0.76T in contract dollars by what they purchase, and the picture is unmistakably hard-power. Weapons & aircraft is the single largest bucket at 31%; add professional and IT services and health, and the top three sectors take 67% of every contract dollar. The government is, above all, a buyer of weapons and of the people who service the machine that buys them.
- Weapons & aircraft 31% Aircraft, missiles, ordnance, combat vehicles, and their RDT&E
- Professional & IT services 22% Systems engineering, back-office IT, consulting, staffing
- R&D & everything else 14% Basic and applied research, energy, space, and the long tail
- Health & pharma 13% Drugs, vaccines, medical supply, managed-care administration
- Facilities & construction 12% Base operations, real property, environmental remediation
- Ships & marine 8% Shipbuilding, overhaul, and naval sustainment
Sectors, in a table
| Sector | Contract $ ($B) | Share |
|---|---|---|
| Weapons & aircraft | 232 | 30.6% |
| Professional & IT services | 168 | 22.1% |
| R&D & everything else | 110 | 14.5% |
| Health & pharma | 96 | 12.7% |
| Facilities & construction | 92 | 12.1% |
| Ships & marine | 61 | 8.0% |
Which Agencies Funnel, Which Spread
V · By AgencySame dollars, sharper question: how many hands does each agency's money pass through? Energy routes most of its budget to a few national-lab operators; NASA and Treasury are nearly as top-heavy. Defense - the biggest buyer of all - actually spreads across far more names, and Veterans Affairs wider still. Size and grip are not the same thing. The dashed line is the average agency, 42% to its top five recipients.
Concentration = share of the agency's prime-award dollars going to its five largest recipients (rolled up to parent). Bars past the dashed average are shaded solid; the rest are outlined - the tag and the number carry the reading without relying on color. Illustrative.
Size Is Not Concentration
VI · Two AxesPlot every major agency by how much it awards against how tightly it awards, and the two come apart. Health & Human Services is the largest buyer on the board yet spreads its money widely; Energy and NASA are a fraction of its size but route most of their budgets to a few national-lab and aerospace operators. Bigness and capture are different diseases - reading them on one axis hides that.
Every agency, in a table
| Agency | Total | Top-5 share | Award lean |
|---|---|---|---|
| DOE Dept of Energy | $44B | 62% | contract-led |
| TREAS Dept of the Treasury | $210B | 58% | assistance-led |
| NASA National Aeronautics & Space Admin | $22B | 55% | contract-led |
| SBA Small Business Administration | $35B | 51% | assistance-led |
| USDA Dept of Agriculture | $205B | 47% | assistance-led |
| DOL Dept of Labor | $68B | 44% | assistance-led |
| HHS Dept of Health & Human Services | $1.18T | 42% | assistance-led |
| DOT Dept of Transportation | $95B | 41% | assistance-led |
| HUD Dept of Housing & Urban Development | $72B | 38% | assistance-led |
| DOS Dept of State | $30B | 36% | mixed |
| ED Dept of Education | $175B | 34% | assistance-led |
| DoD Dept of Defense | $456B | 33% | contract-led |
| DOJ Dept of Justice | $20B | 33% | mixed |
| DHS Dept of Homeland Security | $28B | 31% | contract-led |
| VA Dept of Veterans Affairs | $118B | 24% | mixed |
Buy or Grant
VII · Award MixEvery agency does one of two things with its money: it buys (contracts) or it gives (assistance - grants, direct payments). Almost none does both. Defense, Energy and NASA sit hard against the contract wall; Education, Labor and Treasury are nearly pure assistance. Of the fifteen largest awarders, 4 are overwhelmingly buyers and 8 overwhelmingly granters - the middle is thin.
Award mix, in a table
| Agency | Contracts | Assistance |
|---|---|---|
| DoD Dept of Defense | 92% | 8% |
| DOE Dept of Energy | 88% | 12% |
| NASA National Aeronautics & Space Admin | 82% | 18% |
| DHS Dept of Homeland Security | 68% | 32% |
| DOS Dept of State | 55% | 45% |
| VA Dept of Veterans Affairs | 52% | 48% |
| DOJ Dept of Justice | 45% | 55% |
| DOT Dept of Transportation | 12% | 88% |
| HHS Dept of Health & Human Services | 9% | 91% |
| HUD Dept of Housing & Urban Development | 9% | 91% |
| ED Dept of Education | 8% | 92% |
| USDA Dept of Agriculture | 7% | 93% |
| TREAS Dept of the Treasury | 6% | 94% |
| DOL Dept of Labor | 6% | 94% |
| SBA Small Business Administration | 5% | 95% |
Contracts Hold Steady. Assistance Erupts.
VIII · Over TimeStack the two families of award since 2008 and one of them barely moves. Contract dollars sit near $0.76T a year, war or peace - the buying machine runs at a steady idle. Assistance is the earthquake: the Recovery Act lifts it in 2009-10, then the pandemic sends it past $2.38T in 2021 alone. When people say federal spending exploded, this purple band is what they are pointing at.
Every Dollar, and Who Holds It
IX · DistributionLine up all ~640k prime recipients from largest to smallest and ask where the money actually sits. The top 1% - about 6,400 recipients - hold 64 cents of every dollar. The tens of thousands of small recipients in the tail split what is left. Federal spending is not a broad shower falling evenly; it is a firehose, and only a few names stand in front of it.
x-axis is log-scaled (0.1% to 100% of recipients) so the tiny, dollar-heavy head is legible.
| Recipient bracket | Cumulative $ |
|---|---|
| Top 0.1% | 38% |
| Top 1% | 64% |
| Top 5% | 83% |
| Top 10% | 90% |
| Top 25% | 96% |
| Top 50% | 99% |
| Top 100% | 100% |
Illustrative concentration shaped to real federal-award skew. The real swap computes this from the full recipient roll-up - see Methodology.