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With $48.666 billion in business with the U.S. federal government, Lockheed Martin, based in Bethesda, Maryland, is the largest U.S. federal government contractor. The Top 100 Contractors Report (TCR 100) is a list developed annually by the General Services Administration as part of its tracking of U.S. federal government procurement.
The Federal Procurement Data System (FPDS) is a single source for US government-wide procurement data. [ 1 ] The Federal Procurement Data Center (FPDC), part of the U.S. General Services Administration , manages the Federal Procurement Data System (FPDS), which is operated and maintained by IBM . [ 2 ]
A new Federal Acquisition Regulation (FAR) policy, published October 1, 2003 (Circular 2003-016, FAR case 2002-018), requires that all federal contractors register in the CCR database prior to the awarding of any contract or purchase agreement. [citation needed]
The Top 100 Contractors Report on the Federal Procurement Data System lists the top 100 defense contractors by sales to the United States Armed Forces and Department of Defense. ('DoD 9700' worksheet). [ 1 ]
However, federal procurement is much more heavily regulated, subject to volumes of statutes dealing with federal contracts and the federal contracting process, mostly in Titles 10 (Armed Forces), 31 (Money and Finance), 40 (Protection of the Environment), and 41 (Public Contracts) within the United States Code.
The Department of Defense and federal law enforcement agencies accounted for the largest share of those contracts, with tech companies accounting for a fraction of the total number of contracts.