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FY2026 Federal Contracts: Lockheed Martin's $2.87B NASA Award Leads Top Obligations

By SpendingVault

Federal agencies obligate billions of dollars daily, but a handful of massive single-award contracts dominate the top of the ledger. In FY2026, the largest federal contracts center on aerospace engineering, pharmaceutical distribution, and border security infrastructure.

Key takeaway: The single largest federal contract action in FY2026 belongs to Lockheed Martin, which secured a $2.87B obligation from NASA for space shuttle external tanks.

Top Federal Contracts in Fiscal Year 2026

The biggest government contracts 2026 feature massive capital outlays for defense, healthcare, and infrastructure. Most federal contracts fall well under the $1 million mark. The awards below represent the absolute upper tier of FY2026 federal procurement.

Recipient Awarding Agency Total Obligation Primary Industry State
LOCKHEED MARTIN CORP National Aeronautics and Space Administration $2.87B 336415 — Guided Missile and Space Vehicle Propulsion LA
HANFORD TANK WASTE OPERATIONS & CLOSURE, LLC Department of Energy $1.20B 562211 — Hazardous Waste Treatment and Disposal VA
MCKESSON CORPORATION Department of Veterans Affairs $1.06B 325412 — Pharmaceutical Preparation Manufacturing TX
BOLLINGER SHIPYARDS LOCKPORT, L.L.C. Department of Homeland Security $921.7M 336611 — Ship Building and Repairing LA
COCHRANE USA INC Department of Homeland Security $641.2M 236220 — Commercial and Institutional Building Construction VA
BCCG A JOINT VENTURE Department of Homeland Security $568.6M 236220 — Commercial and Institutional Building Construction AL
GRANITE CONSTRUCTION COMPANY Department of Homeland Security $512.3M 236220 — Commercial and Institutional Building Construction CA
AMENTUM SERVICES, INC. Department of Homeland Security $452.8M 561612 — Security Guards and Patrol Services VA
MVM, INC. Department of Health and Human Services $369.5M 624230 — Emergency and Other Relief Services VA
THE BOEING COMPANY National Aeronautics and Space Administration $360.6M 336414 — Guided Missile and Space Vehicle Manufacturing TX

The Lockheed Martin Corp NASA contract 2026 dwarfs other single obligations. This $2.87B award funds external tanks for the space shuttle program in Louisiana.

Healthcare logistics also require massive capital. The McKesson Corporation federal contract 2026 obligates $1.06B to serve as the pharmaceutical prime vendor for the Department of Veterans Affairs (VA).

Key Agencies and Industries Driving FY2026 Contracts

A few specific federal departments are responsible for the largest single obligations. The Department of Homeland Security (DHS) appears repeatedly at the top of the FY2026 ledger.

Significant FY2026 Recipients and Their Major Projects

Beyond the billion-dollar threshold, several contractors secured half-billion-dollar obligations for specialized federal initiatives.

Granite Construction Company received $512.3M from U.S. Customs and Border Protection. This contract funds vertical barrier construction in the Laredo, Texas sector.

Facility operations require similar funding levels. Amentum Services, Inc. secured $452.8M from U.S. Immigration and Customs Enforcement. This covers detention, transportation, and medical services under 561612 — Security Guards and Patrol Services at the Camp East Montana Temporary Detention Center.

Maritime security is another major expense. Bollinger Shipyards Lockport, L.L.C. holds a $921.7M letter contract from the U.S. Coast Guard to build Arctic security cutters under 336611 — Ship Building and Repairing.

Largest Federal Grants Awarded in Fiscal Year 2026

Federal grants operate differently than procurement contracts. Instead of buying goods or services directly, agencies award grants to states, universities, and local governments to fund public programs.

Examining federal grants 2026 North Dakota reveals how these funds flow to state-level departments for infrastructure and environmental projects.

Recipient Awarding Agency Total Obligation Federal Program State
NORTH DAKOTA DEPARTMENT OF ENVIRONMENTAL QUALITY Environmental Protection Agency $34.5M 66.468 — Drinking Water State Revolving Fund ND
NORTH DAKOTA DEPARTMENT OF TRANSPORTATION Department of Transportation $15.9M 20.933 — National Infrastructure Investments ND
NORTH DAKOTA DEPARTMENT OF COMMERCE Department of Energy $15.1M 81.042 — Weatherization Assistance for Low-Income Persons ND
NORTH DAKOTA DEPARTMENT OF TRANSPORTATION Department of Transportation $11.5M 20.279 — National Highway Performance Program ND
NORTH DAKOTA DEPARTMENT OF PUBLIC INSTRUCTION Department of Education $10.0M 84.411 — Education Innovation and Research ND

The North Dakota Department of Environmental Quality received the state's largest single grant obligation. The Environmental Protection Agency (EPA) awarded $34.5M through the 66.468 — Drinking Water State Revolving Fund to replace lead service lines.

Transportation infrastructure follows closely behind. The North Dakota Department of Transportation secured a $15.9M grant from the Department of Transportation (DOT) for Interstate 94 grading and paving.

Understanding the Scope of FY2026 Federal Spending

The largest federal contracts FY2026 highlight a heavy concentration of taxpayer dollars in defense, aerospace, and border security. These multi-million and multi-billion dollar obligations from USAspending.gov represent the extreme upper end of federal procurement.

  • Aerospace dominates: NASA's single $2.87B obligation to Lockheed Martin is the largest individual contract action.
  • Construction scales fast: DHS awarded multiple nine-figure construction contracts, including $641.2M to Cochrane USA Inc and $568.6M to BCCG A Joint Venture.
  • Grants target infrastructure: State-level grant funding heavily prioritizes water systems and highway maintenance.